CHEUNG MARTINA 4

What Happened Martina Cheung, CEO & President and a director of S&P Global (SPGI), was credited with 12,273 shares on Feb 24, 2026 as the result of a performance-based award (acquisition at $0.00). On the same date, 6,266 of those shares were withheld to satisfy tax withholding obligations at an effective price of $418.27 per share, a total withholding value of $2,620,880. The withholding transaction is reported as exempt and made under the company’s 2019 Stock Incentive Plan.

Key Details

• Transaction date: 2026-02-24 (Form 4 filed 2026-02-26).
• Award: 12,273 shares acquired due to achievement of a performance goal (reported at $0.00).
• Withholding (tax): 6,266 shares withheld/disposed at $418.27 each = $2,620,880.
• Shares owned after transaction: not specified in the provided filing.
• Notable footnotes: F1 = acquisition from performance share unit award; F2 = withholding under the 2019 Stock Incentive Plan and exempt under Rule 16b-3; F3–F5 = statements on restricted stock unit mechanics and prior RSU grants with multi-year vesting schedules.
• Filing timeliness: Form 4 was filed two days after the transaction date; no late filing flag indicated.

Context This filing reflects a common executive compensation event: performance-based stock units vesting (an award) and a routine share withholding to cover taxes. Withholding of shares for tax purposes is standard and does not necessarily indicate a deliberate open-market sale or change in sentiment.