Sexton John P 4

4 · Cboe Global Markets, Inc. · Filed Feb 23, 2026

AI-generated summary of this filing

Updated Feb 24, 2026

Cboe (CBOE) GC John P. Sexton Exercises Options & Receives RSUs

What Happened

John P. Sexton, EVP, General Counsel and Corporate Secretary of Cboe Global Markets (CBOE), exercised stock-derived awards on February 19, 2026 and received a new RSU grant.
He exercised options that resulted in acquisition of 2,842 shares at an exercise price of $286.17 per share (total exercise consideration ≈ $813,295). To cover tax withholding obligations, 1,261 shares were surrendered/withheld (reported as disposals) valued at about $360,860, leaving a net cash/stock result of roughly 1,581 shares delivered to him.
Separately, he was granted 2,289 restricted stock units (RSUs) (reported as an award at $0.00).

Key Details

Transaction date: February 19, 2026. Filing date: February 23, 2026 (timely filing).
Exercise price for the options: $286.17 per share. Withheld-for-tax share disposals reflect tax withholding (transaction code F).
Reported gross acquisitions via exercise: 84, 976, 902 and 880-share lots (total 2,842). Withheld/disposed for tax: 38, 433, 400 and 390-share lots (total 1,261).
New award: 2,289 RSUs reported as acquired at $0.00 (derivative award).
Footnote on RSUs: each RSU represents the contingent right to one share (per filing footnote). The new RSUs vest over time (vesting in three equal annual installments beginning Feb 19, 2026, per filing footnote).
Shares owned after the transactions: not disclosed in the provided filing extract.

Context

This was an option exercise with shares withheld to cover taxes (a common, routine form of “cashless” net settlement); the filing shows no open-market sale of remaining shares.
Awards and RSU grants are compensation-related and vest over time; they do not by themselves indicate the insider’s market view.
The filing appears timely (filed on the second business day after the Feb 19 transactions).

Form 4

Period: 2026-02-19

EVP, GC AND CORP SEC

Transactions

Exercise/Conversion
Common Stock
2026-02-19$286.17/sh+84$24,038→ 28,078 total
Tax Payment
Common Stock
2026-02-19$286.17/sh−38$10,874→ 28,040 total
Exercise/Conversion
Common Stock
2026-02-19$286.17/sh+976$279,302→ 29,016 total
Tax Payment
Common Stock
2026-02-19$286.17/sh−433$123,912→ 28,583 total
Exercise/Conversion
Common Stock
2026-02-19$286.17/sh+902$258,125→ 29,485 total
Tax Payment
Common Stock
2026-02-19$286.17/sh−400$114,468→ 29,085 total
Exercise/Conversion
Common Stock
2026-02-19$286.17/sh+880$251,830→ 29,965 total
Tax Payment
Common Stock
2026-02-19$286.17/sh−390$111,606→ 29,575 total
Exercise/Conversion
Restricted Stock Units
[F1][F2]
2026-02-19−976→ 0 total
From: 2026-02-19→ Common Stock (976 underlying)
Exercise/Conversion
Restricted Stock Units
[F1][F3]
2026-02-19−902→ 902 total
From: 2026-02-19→ Common Stock (902 underlying)
Exercise/Conversion
Restricted Stock Units
[F1][F4]
2026-02-19−84→ 167 total
From: 2026-02-19→ Common Stock (84 underlying)
Exercise/Conversion
Restricted Stock Units
[F1][F4]
2026-02-19−880→ 1,760 total
From: 2026-02-19→ Common Stock (880 underlying)
Award
Restricted Stock Units
[F1][F5]
2026-02-19+2,289→ 2,289 total
→ Common Stock (2,289 underlying)

Footnotes (5)

[F1]Each restricted stock unit represents a contingent right to receive one share of Cboe Global Markets, Inc. common stock.
[F2]The restricted stock units vest in three equal annual installments, which began on February 19, 2024.
[F3]The restricted stock units vest in three equal annual installments, which began on February 19, 2025.
[F4]The restricted stock units vest in three equal annual installments, which began on February 19, 2026.
[F5]The restricted stock units vest in three equal annual installments beginning on February 19, 2027.

Signature

/s/ Patrick Sexton|2026-02-23

1 file