Craig Christopher 4
4 · S&P Global Inc. · Filed Feb 13, 2026
Research Summary
AI-generated summary of this filing
S&P Global (SPGI) SVP Craig Christopher Exercises RSUs
What Happened
Craig Christopher, SVP and Controller of S&P Global (SPGI), had 768 restricted stock units (RSUs) convert into common shares on 2026-02-12. The conversion is reported as an exercise/conversion of a derivative (code M) with a reported per-share price of $397.20, valuing the 768 shares at $305,050. To satisfy tax withholding (code F), 277 of those shares were withheld/disposed at the same per-share value (277 × $397.20 = $110,024). Net to Mr. Christopher after withholding: 491 shares, worth roughly $195,026 based on $397.20 per share. The filing also shows a $0.00 derivative conversion line reflecting RSU settlement.
Key Details
- Transaction date: 2026-02-12 (reported on Form 4 filed 2026-02-13) — timely filing.
- Shares converted/acquired: 768 shares at $397.20, total $305,050.
- Shares withheld for taxes: 277 shares at $397.20, total $110,024 (tax withholding, code F).
- Net shares added: 491 shares (768 − 277), approx. $195,026 value.
- Footnotes of note:
- F1: Each restricted stock unit converts to one share of common stock.
- F2: These 768 shares are the 33% tranche that vested from a 2,328 RSU grant dated 02/12/2024 (remaining tranches vest per schedule).
- F3–F5: Other previously reported RSU grants and vesting schedules are listed in the filing.
- Shares owned after transaction: not specified in the provided data from the filing.
Context
This was a routine RSU vesting and settlement transaction, not an open-market buy or sale. The withholding of shares to cover tax liability is common in RSU settlements (a cashless method of satisfying tax obligations). The filing shows both the RSU conversion and the withholding; no separate open-market sale or 10% owner activity is indicated.
Insider Transaction Report
- Exercise/Conversion
Common Stock
2026-02-12$397.20/sh+768$305,050→ 10,119 total - Tax Payment
Common Stock
2026-02-12$397.20/sh−277$110,024→ 9,842 total - Exercise/Conversion
Restricted Stock Units
[F1][F2]2026-02-12−768→ 792 totalExercise: $0.00→ Common Stock (768 underlying)
- 1,480
Restricted Stock Units
[F1][F3]Exercise: $0.00→ Common Stock (1,480 underlying) - 119
Restricted Stock Units
[F1][F4]Exercise: $0.00→ Common Stock (119 underlying) - 188
Restricted Stock Units
[F1][F5]Exercise: $0.00→ Common Stock (188 underlying)
Footnotes (5)
- [F1]Each restricted stock unit represents a contingent right to receive one share of SPGI common stock.
- [F2]As previously reported, the reporting person was granted 2,328 restricted stock units on 02/12/2024, subject to 3-year vesting. The restricted stock units vested 33% on 2/12/2025 and 33% on 02/12/2026 and the remaining 34% will vest on 02/12/2027.
- [F3]As previously reported, the reporting person was granted 4,350 restricted stock units on 04/01/2023, subject to 3-year vesting. The restricted stock units vested 33% on 04/01/2024 and 33% on 04/01/2025 and the remaining 34% will vest on 04/01/2026.
- [F4]As previously reported, the reporting person was granted 349 restricted stock units on 03/01/2024, subject to 3-year vesting. The restricted stock units vested 33% on 12/31/2024 and 33% on 12/31/2025 and the remaining 34% will vest on 12/31/2026. Vested shares will be delivered to the reporting person no later than January 31 following the respective vesting date.
- [F5]As previously reported, the reporting person was granted 280 restricted stock units on 03/01/2025, subject to 3-year vesting. The restricted stock units vested 33% on 12/31/2025 and will vest 33% on 12/31/2026 and 34% on 12/31/2027. Vested shares will be delivered to the reporting person no later than January 31 following the respective vesting date.