Cboe (CBOE) EVP Heidi Fischer Receives RSU Award

What Happened
Heidi Fischer, Executive Vice President, Equities and Spot Markets at Cboe Global Markets (CBOE), received two awards of restricted stock units (RSUs) on August 19, 2026: 1,781 RSUs and 1,119 RSUs (total 2,900 RSUs). Each award was granted at $0.00 (derivative award), meaning these are contingent RSUs rather than an open-market purchase or sale. The RSUs represent a right to receive common stock upon vesting.

Key Details

• Transaction date: 2026-08-19; Form 4 filed 2026-08-21 (within the two-business-day Form 4 filing window).
• Awards: 1,781 RSUs and 1,119 RSUs; grant price reported $0.00. Total granted = 2,900 RSUs.
• Shares owned after the transaction: not provided in the supplied data.
• Footnotes from the filing: F1 — each RSU equals one share on payout; F2 — a portion vests in three equal annual installments on Feb 19, 2027, 2028, and 2029; F3 — a portion vests on Aug 19, 2029.
• Transaction code: A = award/grant (derivative instrument).

Context
RSUs are deferred compensation that convert into actual shares only when they vest; they do not represent an immediate purchase or sale and therefore are not a direct market-confidence signal. The filing shows grant/timing and vesting terms but not immediate cash value—actual value will depend on CBOE’s share price at vesting.