Cboe Global Markets (CBOE) director receives 530 restricted stock units under incentive plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Parisi James E. reported acquisition or exercise transactions in this Form 4 filing.
Cboe Global Markets, Inc. director James E. Parisi reported receiving an equity award of 530 shares of common stock in the form of restricted stock units. The grant was made at no cash cost to him as part of the company’s Third Amended and Restated Long-Term Incentive Plan.
Each restricted stock unit represents a right to receive one share of Cboe Global Markets common stock that will vest on May 14, 2027, if he remains in continuous service through that date. Following this award, Parisi directly holds a total of 9,969 shares of common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Parisi James E.
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 530 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 9,969 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted stock units granted: 530 shares
Transaction price per share: $0.0000 per share
Holdings after transaction: 9,969 shares
+1 more
4 metrics
Restricted stock units granted
530 shares
Equity award of common stock on May 14, 2026
Transaction price per share
$0.0000 per share
Compensation grant, not an open-market purchase
Holdings after transaction
9,969 shares
Total direct common stock ownership following grant
RSU vesting date
May 14, 2027
Vesting contingent on 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.
FAQ
What insider transaction did Cboe Global Markets (CBOE) report for James E. Parisi?
Cboe Global Markets reported that director James E. Parisi received a grant of 530 restricted stock units of common stock. The award is part of the company’s long-term incentive plan and was recorded as an acquisition rather than a market purchase or sale.
What are the key terms of James E. Parisi’s restricted stock unit award from Cboe Global Markets (CBOE)?
The award consists of 530 restricted stock units, each convertible into one Cboe Global Markets common share. The units will vest on May 14, 2027, provided Parisi remains in continuous service with the company through that vesting date.
Was any cash paid for the CBOE restricted stock units granted to James E. Parisi?
No cash was paid for this grant. The Form 4 shows a transaction price per share of 0.0000, indicating the 530 restricted stock units were issued as a compensation award under Cboe Global Markets’ long-term incentive plan.
Under what plan were James E. Parisi’s CBOE restricted stock units granted?
The restricted stock units were granted under Cboe Global Markets’ Third Amended and Restated Long-Term Incentive Plan. The footnote states the award satisfies Rule 16b-3 requirements, which govern certain insider compensation-related transactions under U.S. securities regulations.