Cboe director granted 530 restricted stock units
Cboe Global Markets director Fredric J. Tomczyk received an award of 530 shares of common stock in the form of restricted stock units.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
Cboe Global Markets director Fredric J. Tomczyk received an award of 530 shares of common stock in the form of restricted stock units. The grant carries no cash exercise price and was issued as equity compensation under the company’s long-term incentive plan. Each unit converts into one share if he remains in continuous service through the vesting date of May 14, 2027. Following this grant, Tomczyk directly holds a total of 35,968 shares of Cboe common stock.
Insider Trade Summary
Grant/Award: 530 shares
Grant/Award
1 txn
Insider
Tomczyk Fredric J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 530 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 35,968 shares (Direct)
Holdings Before and After:
Common Stock, 35,438 to 35,968 shares (Direct)
Footnotes (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 award size: 530 units
Grant price: $0.00 per unit
Total shares after grant: 35,968 shares
+2 more
5 metrics
RSU award size
530 units
Restricted stock units granted to director on May 14, 2026
Grant price
$0.00 per unit
Equity compensation, no cash exercise price
Total shares after grant
35,968 shares
Director’s direct Cboe common stock holdings post-transaction
Vesting date
May 14, 2027
RSUs convert to shares if service requirement is met
Transaction code
A (grant/award acquisition)
Indicates equity award, not open-market trade
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
"restricted stock unit 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
"award granted under the Company's Third Amended and Restated Long-Term Incentive Plan, 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 (CBOE) director Fredric J. Tomczyk report on this Form 4?
Fredric J. Tomczyk reported receiving 530 restricted stock units of Cboe common stock as an equity award. These units were granted at no cash cost and are part of his director compensation under the company’s long-term incentive plan.
When do Fredric J. Tomczyk’s newly granted Cboe restricted stock units vest?
The 530 restricted stock units granted to Fredric J. Tomczyk vest on May 14, 2027, if he remains in continuous service through that date. Upon vesting, each unit will convert into one share of Cboe Global Markets common stock.
Was Fredric J. Tomczyk’s Cboe equity transaction an open-market purchase or sale?
The transaction was not an open-market trade. It was a grant of 530 restricted stock units at a price of $0.00 per unit, issued as compensation under Cboe’s long-term incentive plan rather than a discretionary market purchase or sale.
Under what plan were the Cboe (CBOE) restricted stock units granted to Fredric J. Tomczyk?
The 530 restricted stock units were granted under Cboe Global Markets’ Third Amended and Restated Long-Term Incentive Plan. The award is designed to comply with Rule 16b-3 and provides Tomczyk with service-based equity compensation that vests in 2027.
AI-generated analysis. How Rhea-AI works. Not financial advice.
