Griebenow Jill 4
4 · Cboe Global Markets, Inc. · Filed Feb 17, 2026
Research Summary
AI-generated summary of this filing
Cboe (CBOE) CFO Jill Griebenow Receives PSU Awards; Shares Withheld
What Happened
- Jill Griebenow, EVP and Chief Financial Officer of Cboe Global Markets (CBOE), had performance stock units (PSUs) vest on 2026-02-12. A total of 6,734 shares of common stock were issued to her at $0.00 per share as a result of PSU vesting. To satisfy tax withholding and the settlement of dividend equivalents, 3,011 shares were withheld/disposed at an implied value of $270.60 per share, totaling approximately $814,776. These transactions reflect issuance and routine tax-withholding on vested awards, not an open-market purchase.
Key Details
- Transaction date: 2026-02-12; Filing date: 2026-02-17 (filed after the transaction; appears later than the usual 2-business-day Form 4 deadline).
- Awarded/issued shares: 6,734 total PSUs vested and issued at $0.00 per share.
- Shares withheld/treated as dispositions: 3,011 shares at $270.60 per share; aggregate withholding value ≈ $814,776.
- Footnotes summary:
- PSUs awarded Feb 19, 2023 and Aug 19, 2023 vested based on performance for Jan 1, 2023–Dec 31, 2025 as determined on Feb 12, 2026 (F1, F3).
- Shares were withheld to satisfy tax withholding upon vesting and upon settlement of dividend equivalent rights (F2, F4, F6).
- Dividend equivalents were settled in shares (economic equivalent of shares) (F5).
- Shares owned after the transaction: not specified in the provided filing details.
Context
- These transactions are the routine vesting of performance-based equity and the issuer withholding shares to satisfy tax obligations and settle dividend equivalents. Withholding disposals are not the same as an open-market sale for cash and generally reflect standard payroll/tax procedures rather than a decision to liquidate holdings.
Insider Transaction Report
Form 4
Griebenow Jill
EVP, CFO
Transactions
- Award
Common Stock
[F1]2026-02-12+1,294→ 12,092 total - Tax Payment
Common Stock
[F2]2026-02-12$270.60/sh−597$161,548→ 11,495 total - Award
Common Stock
[F3]2026-02-12+1,960→ 13,455 total - Tax Payment
Common Stock
[F4]2026-02-12$270.60/sh−869$235,151→ 12,586 total - Award
Common Stock
[F1]2026-02-12+1,294→ 13,880 total - Tax Payment
Common Stock
[F2]2026-02-12$270.60/sh−574$155,324→ 13,306 total - Award
Common Stock
[F3]2026-02-12+1,960→ 15,266 total - Tax Payment
Common Stock
[F4]2026-02-12$270.60/sh−869$235,151→ 14,397 total - Award
Common Stock
[F5]2026-02-12+113→ 14,510 total - Tax Payment
Common Stock
[F6]2026-02-12$270.60/sh−51$13,801→ 14,459 total - Award
Common Stock
[F5]2026-02-12+113→ 14,572 total - Tax Payment
Common Stock
[F6]2026-02-12$270.60/sh−51$13,801→ 14,521 total
Footnotes (6)
- [F1]Represents shares of the Issuer's common stock issued to the Reporting Person pursuant to the vesting of restricted stock unit awards - performance based ("PSU") that were awarded to the Reporting Person on February 19, 2023. The issuance was based on the level of achievement by the Issuer of certain pre-established performance metrics for the performance period January 1, 2023 to December 31, 2025 as determined by the Compensation and Human Capital Committee on February 12, 2026.
- [F2]Represents shares of the Issuer's common stock withheld to satisfy the Issuer's tax withholding obligation upon the vesting of PSUs that were awarded on February 19, 2023 and the issuance of the underlying shares of the Issuer's common stock.
- [F3]Represents shares of the Issuer's common stock issued to the Reporting Person pursuant to the vesting of PSUs that were awarded to the Reporting Person on August 19, 2023. The issuance was based on the level of achievement by the Issuer of certain pre-established performance metrics for the performance period January 1, 2023 to December 31, 2025 as determined by the Compensation and Human Capital Committee on February 12, 2026.
- [F4]Represents shares of the Issuer's common stock withheld to satisfy the Issuer's tax withholding obligation upon the vesting of PSUs that were awarded on August 19, 2023 and the issuance of the underlying shares of the Issuer's common stock.
- [F5]Settlement of dividend equivalent rights in connection with the vesting of underlying PSUs that were awarded to the Reporting Person on February 19, 2023 and August 19, 2023. The rights accrued when and as dividends were paid on the Issuer's common stock. Each dividend equivalent right was the economic equivalent of one share of the Issuer's common stock.
- [F6]Represents shares of the Issuer's common stock withheld to satisfy the Issuer's tax withholding obligation upon the settlement of dividend equivalent rights in connection with the vesting of underlying PSUs and the issuance of the underlying shares of the Issuer's common stock.
Signature
/s/ Patrick Sexton, Attorney-in-Fact|2026-02-17