Bhathena Firdaus 4

What Happened

• Firdaus Bhathena, Executive Vice President, CTTO of S&P Global (SPGI), was awarded a total of 6,858 restricted stock units (RSUs) on 2026-05-01. The grant consists of 4,115 RSUs and 2,743 RSUs, each recorded as a derivative acquisition at $0.00 (no cash paid).
• These RSUs do not convert to shares until they vest. The filing shows no cash purchase or sale—this is a compensation award rather than a market transaction.

Key Details

• Transaction date: 2026-05-01; filing date (Form 4): 2026-05-05.
• Grants: 4,115 RSUs and 2,743 RSUs (total 6,858 RSUs); acquisition price reported as $0.00 (derivative award).
• Vesting: Each grant vests over three years — 33% on 05/01/2027, 33% on 05/01/2028 and 34% on 05/01/2029 (per footnotes).
• Shares owned after transaction: Not specified in this filing.
• Footnotes: F1 confirms each RSU equals a contingent right to one share; F2 and F3 detail the 3-year vesting schedules.
• Filing timeliness: Form lists the report date and transaction date; no indication in the filing text that this was a late report.

Context

• RSU grants are common executive compensation and are not the same as an open-market purchase (which can signal personal bullishness) or sale (which can signal liquidity needs).
• These are derivative awards that will convert into actual shares only upon vesting, subject to company terms and potential forfeiture conditions.