Foley Stephanie 4
4 · Cboe Global Markets, Inc. · Filed Feb 17, 2026
Research Summary
AI-generated summary of this filing
Cboe (CBOE) EVP/CHRO Stephanie Foley Receives PSU Award; Shares Withheld
What Happened
- Stephanie Foley, EVP and Chief Human Resources Officer at Cboe Global Markets, had performance-based restricted stock units (PSUs) vest on Feb 12, 2026. A total of 264 shares were issued to her at $0.00 (award/issuance).
- To cover tax withholding related to the vesting and associated dividend-equivalent settlement, 114 shares were withheld/disposed at $270.60 per share, totaling approximately $30,848. Net increase to her holdings from these transactions was 150 shares (264 issued − 114 withheld).
Key Details
- Transaction date: February 12, 2026. Filing date: February 17, 2026 (filed one business day late for a Form 4 reporting deadline).
- Prices recorded: awards issued at $0.00 (non‑cash award); withheld shares recorded at $270.60/share.
- Shares acquired: 264 (PSU vesting). Shares disposed/withheld: 114 (tax withholding). Net change: +150 shares.
- Footnotes:
- F1: Vesting of PSUs awarded Nov 19, 2023; payout based on performance for 2023–2025 as certified Feb 12, 2026.
- F2: Shares withheld to satisfy tax withholding on PSU vesting.
- F3: Settlement of dividend equivalent rights tied to the vested PSUs.
- F4: Shares withheld to satisfy taxes on the settled dividend equivalents.
- Shares owned after transaction: not specified in the provided excerpt of the filing.
Context
- This was a vesting/settlement event (award + tax-withholding), not an open-market sale or purchase. Withholding of shares to cover taxes is a routine administrative action and does not necessarily signal a personal decision to sell shares for investment reasons.
- Transaction codes: A = award/grant (PSU issuance); F = shares withheld/disposed to satisfy tax obligations (cashless withholding).
Insider Transaction Report
Form 4
Foley Stephanie
EVP, CHRO
Transactions
- Award
Common Stock
[F1]2026-02-12+128→ 2,795 total - Tax Payment
Common Stock
[F2]2026-02-12$270.60/sh−55$14,883→ 2,740 total - Award
Common Stock
[F1]2026-02-12+128→ 2,868 total - Tax Payment
Common Stock
[F2]2026-02-12$270.60/sh−55$14,883→ 2,813 total - Award
Common Stock
[F3]2026-02-12+4→ 2,817 total - Tax Payment
Common Stock
[F4]2026-02-12$270.60/sh−2$541→ 2,815 total - Award
Common Stock
[F3]2026-02-12+4→ 2,819 total - Tax Payment
Common Stock
[F4]2026-02-12$270.60/sh−2$541→ 2,817 total
Footnotes (4)
- [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 November 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 November 19, 2023 and the issuance of the underlying shares of the Issuer's common stock.
- [F3]Settlement of dividend equivalent rights in connection with the vesting of underlying PSUs that were awarded to the Reporting Person on November 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.
- [F4]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