What is the nature of the 530-share award reported for Cboe (CBOE) director Erin Mansfield?

The 530-share award is a restricted stock unit grant, not an open-market purchase. Each restricted stock unit is a contingent right to receive one Cboe Global Markets common share upon vesting, granted under the company’s Third Amended and Restated Long-Term Incentive Plan.

Cboe Global Markets (CBOE) director awarded 530 restricted stock units vesting 2027

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Mansfield Erin reported acquisition or exercise transactions in this Form 4 filing.

Cboe Global Markets director Erin Mansfield received a grant of 530 restricted stock units of common stock. The award was granted at no cash cost under the company’s Third Amended and Restated Long-Term Incentive Plan and meets the requirements of Rule 16b-3.

Each restricted stock unit represents a right to receive one Cboe Global Markets share that will vest on May 14, 2027, if Mansfield remains in continuous service through that date. Following this grant, Mansfield directly holds 2,441 shares of Cboe Global Markets common stock.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Mansfield Erin

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	530	$0.00	--

Holdings After Transaction: Common Stock — 2,441 shares (Direct, null)

Footnotes (1)

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Key Figures

RSU grant size: 530 shares Grant price: $0.0000 per share Holdings after grant: 2,441 shares +1 more

4 metrics

RSU grant size 530 shares Restricted stock unit award on May 14, 2026

Grant price $0.0000 per share Equity compensation, no cash cost

Holdings after grant 2,441 shares Total common stock directly held after transaction

Vesting date May 14, 2027 RSUs vest if continuous service through this date

Key Terms

restricted stock unit, Long-Term Incentive Plan, Rule 16b-3

3 terms

restricted stock unit financial

"Represents a restricted stock unit award granted under the Company's Third Amended and Restated Long-Term Incentive Plan"

A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.

Long-Term Incentive Plan financial

"granted under the Company's Third Amended and Restated Long-Term Incentive Plan"

A long-term incentive plan is a company program that pays executives or employees with stock, options, or cash tied to multi-year performance goals, where the rewards become theirs only after meeting conditions over time. Think of it as a delayed bonus or retirement-style reward that aligns employees’ interests with shareholders by encouraging them to boost long-term value; investors watch these plans because they affect pay costs, share dilution and management incentives.

Rule 16b-3 regulatory

"which meets the requirements of Rule 16b-3"

Rule 16b-3 is a Securities and Exchange Commission regulation that exempts certain routine, pre-approved transactions by company insiders from automatic liability for short-term trading profits. It acts like a safe harbor: if an insider follows a formal plan or the board approves specific transactions in advance, profits from buying and selling company stock within six months are not automatically reclaimed. Investors care because the rule clarifies when insider trades are permissible and reduces uncertainty about potential clawbacks.

Form 4 Insider Transactions: What Each Field Means →

05/18/2026 - 03:30 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Mansfield Erin

(Last)

(First)

(Middle)

C/O CBOE GLOBAL MARKETS, INC.

433 WEST VAN BUREN STREET

(Street)

CHICAGO

ILLINOIS

60607

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Cboe Global Markets, Inc. [ CBOE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/14/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/14/2026		A		530	A	$0⁽¹⁾	2,441	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. Represents a restricted stock unit award granted under the Company's Third Amended and Restated Long-Term Incentive Plan, which meets the requirements of Rule 16b-3. Each restricted stock unit represents a contingent right to receive one share of Cboe Global Markets, Inc. common stock that will vest on May 14, 2027, provided that the filing person has remained in service continuously through such date.

	/s/ Patrick Sexton, Attorney-in-Fact	05/18/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did Cboe Global Markets (CBOE) report for Erin Mansfield?

Cboe Global Markets reported that director Erin Mansfield received a grant of 530 restricted stock units of common stock. These units were awarded at no cash cost as part of the company’s Third Amended and Restated Long-Term Incentive Plan, subject to future vesting conditions.

When do Erin Mansfield’s Cboe (CBOE) restricted stock units vest?

Erin Mansfield’s 530 restricted stock units are scheduled to vest on May 14, 2027. Vesting requires that she remain in continuous service with Cboe Global Markets through that date, at which time each unit converts into one share of common stock.

How many Cboe Global Markets (CBOE) shares does Erin Mansfield hold after this Form 4 transaction?

After the reported grant, Erin Mansfield directly holds 2,441 shares of Cboe Global Markets common stock. This total includes the effect of the 530 restricted stock units awarded in the transaction disclosed in the Form 4 filing for May 14, 2026.

Did Erin Mansfield pay a purchase price for the Cboe (CBOE) shares reported in this Form 4?

No cash purchase price was paid for the reported 530 restricted stock units. The transaction code indicates a grant or award, and the filing shows a transaction price per share of 0.0000, reflecting equity compensation rather than a market transaction.