Le Pallec Yann 4
4 · S&P Global Inc. · Filed Feb 26, 2026
Research Summary
AI-generated summary of this filing
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
S&P Global Inc.SPGI
Le Pallec Yann
President, S&P Global Ratings
Transactions
- Award
Common Stock
[F1]2026-02-24+1,698→ 3,761 total - Tax Payment
Common Stock
[F2]2026-02-24$418.27/sh−902$377,280→ 2,859 total
Holdings
- 126
Restricted Stock Units
[F3][F4]Exercise: $0.00→ Common Stock (126 underlying) - 677
Restricted Stock Units
[F3][F5]Exercise: $0.00→ Common Stock (677 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 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