Griebenow Jill 4

What Happened

• Jill Griebenow, Executive Vice President & Chief Financial Officer of Cboe Global Markets (CBOE), exercised/converted derivatives on Feb 19, 2026 to acquire 4,600 shares at $286.17/share, paying roughly $1,316,382. To cover tax withholding, 2,040 of those shares were surrendered (valued at ~$583,786). The filing also reports a new grant of 4,980 restricted stock units (RSUs) (derivative award).

Key Details

• Transaction date: February 19, 2026; exercise/conversion price: $286.17 per share.
• Exercised/converted shares acquired: 4,600 (432 + 653 + 1,652 + 1,863) — total cash paid ≈ $1,316,382.
• Shares withheld for tax/payment: 2,040 (192 + 290 + 732 + 826) — value ≈ $583,786 (cashless withholding).
• Net immediate common shares added (after withholding): 2,560 shares.
• New award: 4,980 RSUs (reported as grant, $0 per share); each RSU equals one share.
• Vesting notes (per footnotes): RSUs vest in three equal annual installments; vesting schedules in the filing reference installments beginning Feb 19 of 2024, 2025, 2026 and 2027 for various tranches.
• Filing date: February 23, 2026 (filed timely based on a Feb 19 transaction).
• Shares owned after the transaction: not specified in the provided summary of the filing.

Context

• The transaction involved exercising/converting derivatives and a cashless component: shares were withheld to satisfy tax withholding, which is common practice and not the same as an open-market sale. The RSU grant is an award that vests over time and does not represent immediately tradable shares. This filing is informational; it shows option exercise and a new equity award rather than an outright market sale.