Wilkinson Allen 4

What Happened

• Wilkinson Allen, SVP and Chief Accounting Officer of Cboe Global Markets (CBOE), exercised derivative awards on Feb 19, 2026 to acquire 242, 268 and 277 shares (total 787 shares) at an exercise price of $286.17 per share (total cash value of shares acquired ≈ $225,216). To cover exercise taxes/withholding, 121, 133 and 123 shares (total 377 shares) were surrendered/withheld (dispositions totaling ≈ $107,887). The filing also shows zero-dollar derivative conversion line items associated with those exercises and a separate grant/award of 664 restricted stock units (RSUs).
• This sequence is effectively a cashless (sell-to-cover) exercise: options/derivatives were converted into shares, and a portion was withheld/disposed to satisfy tax obligations. The net new shares delivered to Allen from the exercise were 410 shares (787 acquired less 377 withheld), plus the newly granted 664 RSUs (subject to vesting).

Key Details

• Transaction date: 2026-02-19; filing date: 2026-02-23 (filed within the Form 4 two-business-day window = timely).
• Exercise price and per-share value: $286.17; total gross value of exercised shares ≈ $225,216.
• Shares withheld for taxes/disposed: 377 shares (proceeds ≈ $107,887).
• Net shares received from exercise: 410 shares (787 acquired − 377 withheld).
• Grant: 664 RSUs awarded (no cash paid); RSUs are contingent rights to receive one share each and are subject to vesting.
• Footnotes: RSUs represent contingent rights to common stock and vest in three equal annual installments; the filing includes vesting schedules with start dates between Feb 19, 2024 and Feb 19, 2027.
• Shares owned after transaction: not specified in the information provided in this summary — see the Form 4 for Allen’s post-transaction holdings.

Context

• For retail investors: exercises plus withholding are common administrative actions to satisfy tax obligations and do not by themselves indicate a buy/sell market opinion. The withholding (code F) shows a sell-to-cover rather than an open-market sale for profit-taking.
• The RSU grant (code A) is a compensation award and vests over time (see footnotes). Such awards are compensation-related and subject to vesting schedules rather than immediate market purchases.
• All information above is drawn from the Form 4 filing (Accession No. 0002010162-26-000001). For precise holdings and raw filing text, consult the SEC filing.