S&P Global Inc.·4

Feb 26, 4:05 PM ET

Le Pallec Yann 4

4 · S&P Global Inc. · Filed Feb 26, 2026

Research Summary

AI-generated summary of this filing

Updated

S&P Global President Yann Le Pallec Receives Award, Withholds Shares

What Happened

  • Yann Le Pallec, President of S&P Global Ratings, was credited with 1,698 shares on 2026-02-24 due to the achievement of a performance share award (transaction code A). To satisfy withholding obligations, 902 shares were withheld/disposed on the same date at $418.27 per share, yielding about $377,280 (transaction code F). The award shares were reported as acquired at $0.00 on the Form 4 (typical for vested awards).

Key Details

  • Transaction date: 2026-02-24; Form 4 filed 2026-02-26 (no late filing indicated).
  • Award: 1,698 shares granted/acquired (performance-share vesting, recorded at $0.00).
  • Withholding/disposition: 902 shares withheld/disposed at $418.27 each; total proceeds ≈ $377,280.
  • Shares owned after transaction: not disclosed in the provided filing.
  • Relevant footnotes:
    • F1: Acquisition due to achievement of performance goals under a performance share unit award.
    • F2: Withholding of shares under S&P Global’s 2019 Stock Incentive Plan to cover taxes (exempt transaction under Rule 16b-3).
    • F3: Each restricted stock unit (RSU) equals one share of common stock.
    • F4/F5: References to prior RSU grants (03/01/2024 and 03/01/2025) and their multi-year vesting schedules.

Context

  • These transactions reflect a vested/earned equity award (performance RSUs) and routine tax withholding rather than an open-market sale or independent purchase. Withholding of shares to cover tax is a common, administrative step and does not by itself imply a change in the insider’s view of the company.

Insider Transaction Report

Form 4
Period: 2026-02-24
Le Pallec Yann
President, S&P Global Ratings
Transactions
  • Award

    Common Stock

    [F1]
    2026-02-24+1,6983,761 total
  • Tax Payment

    Common Stock

    [F2]
    2026-02-24$418.27/sh902$377,2802,859 total
Holdings
  • Restricted Stock Units

    [F3][F4]
    Exercise: $0.00Common Stock (126 underlying)
    126
  • Restricted Stock Units

    [F3][F5]
    Exercise: $0.00Common Stock (677 underlying)
    677
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 366 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 1,009 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

Documents

5 files
  • 4
    wk-form4_1772139937.xmlPrimary

    FORM 4

  • EX-24
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