Eager William W 4
Research Summary
AI-generated summary
S&P Global (SPGI) President William Eager Exercises Options
What Happened
William W. Eager, President of S&P Global Mobility, exercised/converted derivative awards on 2026-02-01. The filing shows an acquisition of 254 shares at an exercise price of $527.79 per share (total value reported $134,059). To cover tax withholding, 115 shares were surrendered/disposed at $527.79 each (value reported $60,696). The filing also reports a related conversion/disposition of 254 derivative units at $0 (administrative reporting of the derivative conversion).
Key Details
- Transaction date: 2026-02-01; Form 4 filed 2026-02-03 (timely filing).
- Reported entries:
- Exercise/conversion (M): 254 shares acquired @ $527.79 = $134,059.
- Tax withholding (F): 115 shares withheld/disposed @ $527.79 = $60,696.
- Conversion/disposition (M): 254 derivative units disposed @ $0 (no cash value reported).
- Shares owned after transaction: not specified in the filing.
- Notable footnotes: RSUs represent contingent rights to one share (F1); many units were converted from IHS Markit awards in the merger and follow prior vesting/ performance treatment (F2–F6). Several tranches have staggered vesting dates through 2028; vested shares are delivered no later than January 31 following the vesting date.
- No 10b5-1 plan or late filing indicated.
Context
- The pattern (exercise/conversion plus share withholding) is commonly an administrative/cashless-style settlement to satisfy tax obligations rather than an open-market sale. Tax-withholding disposals (code F) do not necessarily signal a sell decision about the remainder of the position.
- The filing documents conversion/vesting details tied to prior IHS Markit awards and standard time- and performance-based vesting schedules; these background notes explain why awards converted and the timing of deliveries.