CME Group exec gets stock award, withholds for taxes
CME Group Inc. senior managing director Timothy Francis McCourt reported equity compensation activity involving Class A common stock.
Rhea-AI Filing Summary
CME Group Inc. senior managing director Timothy Francis McCourt reported equity compensation activity involving Class A common stock. He received a grant or award of 5,504 shares at a reference price of $311.40 per share tied to performance share vesting from a 2022 award. In related non-market transactions, he surrendered 2,810 shares and separately 94 shares back to the company to cover tax withholding obligations on the performance share award and restricted stock vesting. After these transactions, he holds 12,108 shares of CME Group Class A common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock Class A | 5,504 | $311.40 | $1.71M |
| Exercise Price or Tax Liability | Common Stock Class A | 2,810 | $311.40 | $875K |
| Exercise Price or Tax Liability | Common Stock Class A | 94 | $311.40 | $29K |
Footnotes (3)
- F1. Represents the vesting of performance shares granted in 2022 under CME Group's Omnibus Stock Plan. The number of shares was determined based on the company's achievement of total shareholder return relative to the S&P 500 measured over a three-year performance period from January 1, 2023 through December 31, 2025.
- F2. Mr. McCourt surrendered shares to the company in order to fulfill tax withholding obligations related to the receipt of the performance share award.
- F3. Mr. McCourt surrendered shares to the company to fulfill tax withholding obligations upon the vesting of restricted stock on 3/15/2026.
FAQ
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What did CME (CME) executive Timothy McCourt report in this Form 4?
Are Timothy McCourt’s CME (CME) tax-withholding transactions open-market sales?
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