Ernsberger David P 4

What Happened

• David P. Ernsberger, President, S&P Global Energy, was granted 1,071 restricted stock units (RSUs) on March 1, 2026. The grant is recorded as a derivative award at $0.00 per share (no cash paid at grant). RSUs represent a contingent right to receive common shares of SPGI if vesting conditions are met.

Key Details

• Transaction date and filing: RSU grant dated 2026-03-01; Form 4 filed 2026-03-03 (timely).
• Grant size and price: 1,071 RSUs; acquisition price reported $0.00 (award).
• Vesting for this grant (per filing): 3-year vesting — 33% on 03/01/2027, 33% on 03/01/2028, 34% on 03/01/2029.
• Shares owned after transaction: Not specified in this filing.
• Related prior grants: 261 RSUs granted 03/01/2024 (remaining 34% vests 12/31/2026; vested shares delivered by Jan 31 after vesting) and 308 RSUs granted 03/01/2025 (33% vests 12/31/2026, 34% on 12/31/2027; delivery by Jan 31 following vesting).
• Transaction type code: A = Award/Grant (derivative). No 10b5-1 plan or tax-withholding sale is noted.

Context

• RSUs are a form of deferred compensation that convert to actual shares only after vesting; they do not involve an immediate purchase or sale of stock. Because this is an award grant, it is a non-cash compensation event rather than a market purchase that might signal insider buying.