Saha Saugata 4
4 · S&P Global Inc. · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
S&P Global (SPGI) President Saugata Saha Receives Award, Withholds Shares
What Happened
- Saugata Saha, President, Market Intelligence at S&P Global, received 7,551 shares on 2026-02-24 as the result of a performance-based award (PSU vesting). Those shares were reported as acquired at $0.00 (award).
- On the same date, 3,849 shares were withheld/disposed to satisfy tax withholding obligations at $418.27 per share, totaling $1,609,921. The withholding is reported under the plan’s withholding process, not an open-market sale.
Key Details
- Transaction date: 2026-02-24; Form 4 filed: 2026-02-26 (timely filing).
- Award: 7,551 shares acquired (performance share units vesting; reported acquisition price $0.00) — footnote F1.
- Withholding/disposition: 3,849 shares withheld at $418.27/share for $1,609,921 (tax withholding under the 2019 Stock Incentive Plan; footnote F2).
- Each Restricted Stock Unit = right to one share (F3). Prior RSU grants and vesting schedules are noted in the filing (F4, F5) but are separate from this transaction.
- Shares owned after the transactions are not specified in the summary provided.
Context
- This was a vesting of performance-based equity (PSUs/RSUs), triggering a tax withholding where the company retains shares to cover tax liabilities — a routine administrative step, not an open-market sale indicating a change in investment view.
- For retail investors: acquisitions from vesting show compensation conversion into equity; the withheld shares are a common practice to satisfy taxes and should not be read as an opportunistic sale.
Insider Transaction Report
Form 4
S&P Global Inc.SPGI
Saha Saugata
President, Market Intelligence
Transactions
- Award
Common Stock
[F1]2026-02-24+7,551→ 11,871 total - Tax Payment
Common Stock
[F2]2026-02-24$418.27/sh−3,849$1,609,921→ 8,022 total
Holdings
- 678
Restricted Stock Units
[F3][F4]Exercise: $0.00→ Common Stock (678 underlying) - 1,221
Restricted Stock Units
[F3][F5]Exercise: $0.00→ Common Stock (1,221 underlying)
Footnotes (5)
- [F1]Represents acquisition of beneficial ownership due to the achievement of performance goal under performance share unit award.
- [F2]Withholding of shares of Common Stock under the S&P Global Inc. 2019 Stock Incentive Plan withholding obligation in transaction exempt under and complying with Rule 16b-3.
- [F3]Each restricted stock unit represents a contingent right to receive one share of SPGI common stock.
- [F4]As previously reported, the reporting person was granted 1,990 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 1,822 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.
Signature
/s/ Judah Bareli, Attorney-in-Fact|2026-02-26