Froetscher Janet P 4
Research Summary
AI-generated summary
Cboe (CBOE) Director Janet Froetscher Receives Award — 530 RSUs
What Happened
Janet P. Froetscher, a director of Cboe Global Markets, was granted 530 restricted stock units (RSUs) on May 14, 2026. The Form 4 reports the RSUs at $0.00 per unit (acquisition code A) — total reported acquisition value $0 — because this is an award, not an open-market purchase. The RSUs convert to one share each if they vest.
Key Details
- Transaction date: 2026-05-14; Filing date: 2026-05-18 (filed within the 2-business-day Form 4 window).
- Award: 530 RSUs granted at $0.00 per unit (code A).
- Vesting: Each RSU vests on May 14, 2027, provided continuous service through that date (see footnote).
- Plan/Compliance: Granted under the company’s Third Amended and Restated Long-Term Incentive Plan and meets Rule 16b-3.
- Shares owned after transaction: Not specified in the filing.
Context
Restricted stock units are a form of compensation that give the recipient a contingent right to receive shares in the future if vesting conditions are met; they are not an immediate purchase or sale of stock. Such awards are routine for directors and do not, by themselves, indicate a trading view on the stock.