Cboe director granted 530 RSUs in stock award

Froetscher Janet P reported acquisition or exercise transactions in this Form 4 filing.

Rhea-AI Filing Summary

Froetscher Janet P reported acquisition or exercise transactions in this Form 4 filing.

Cboe Global Markets, Inc. director Janet P. Froetscher reported a compensation-related equity grant. She received 530 shares of common stock in the form of restricted stock units at a stated price of $0.00 per share, reflecting a stock-based award rather than an open‑market purchase.

Each restricted stock unit represents one share of Cboe Global Markets common stock and is scheduled to vest on May 14, 2027, as long as she remains in continuous service through that date. After this grant, she reports owning 15,030 shares of common stock directly.

Insider Trade Summary

Grant/Award: 530 shares

Grant/Award 1 txn

Insider Froetscher Janet P

Role Director

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

Holdings After Transaction: Common Stock — 15,030 shares (Direct)

Footnotes (1)

1. F1. 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.

Key Figures

RSU grant size: 530 shares Grant price: $0.00 per share Post-grant holdings: 15,030 shares +1 more

4 metrics

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

Grant price $0.00 per share Indicates stock-based compensation, not open-market purchase

Post-grant holdings 15,030 shares Total common stock reported following the transaction

Vesting date May 14, 2027 RSUs vest if continuous service is maintained 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

"award 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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did CBOE director Janet P. Froetscher report in this Form 4 filing?

Janet P. Froetscher reported receiving a grant of 530 restricted stock units of Cboe Global Markets common stock. The award is stock-based compensation, not an open-market purchase, and increases her directly reported holdings to 15,030 shares after the transaction.

How many CBOE shares were granted to Janet P. Froetscher and at what price?

She was granted 530 shares of Cboe Global Markets common stock in the form of restricted stock units. The transaction shows a price of $0.00 per share, indicating a compensation grant rather than a cash purchase in the open market.

When do Janet P. Froetscher’s CBOE restricted stock units vest?

The 530 restricted stock units are scheduled to vest on May 14, 2027. Vesting is contingent on Froetscher remaining in continuous service with Cboe Global Markets through that date, as specified in the long-term incentive plan terms.

How many CBOE shares does Janet P. Froetscher own after this award?

Following the grant, Janet P. Froetscher reports ownership of 15,030 shares of Cboe Global Markets common stock. This total reflects her direct holdings as shown in the Form 4 after the restricted stock unit award was recorded.

What plan governs Janet P. Froetscher’s CBOE restricted stock unit grant?

The grant was made under Cboe Global Markets’ Third Amended and Restated Long-Term Incentive Plan. The filing notes that the award meets the requirements of SEC Rule 16b-3, which governs certain insider compensation-related equity transactions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/18/2026 - 03:30 PM Learn about SEC filing dates

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^*

Froetscher Janet P

(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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	05/14/2026		A		530	A	$0(1)	15,030	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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

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)