CME (CME) CIO Cutinho vests 8,256 shares, surrenders 3,658 for tax withholding
Rhea-AI Filing Summary
CME Group Inc. Chief Information Officer Sunil Cutinho reported routine equity compensation activity. On March 15, 2026, 8,256 shares of Class A common stock vested from a performance share award granted in 2022 under CME Group’s Omnibus Stock Plan at a reference price of $311.40 per share.
The vesting was based on the company’s total shareholder return relative to the S&P 500 over a three-year period from January 1, 2023 through December 31, 2025. To satisfy tax withholding obligations related to the award, 3,658 shares were surrendered back to the company at the same price, leaving Cutinho with 23,586 directly held shares after these transactions.
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Insights
Routine performance share vesting with tax withholding; no open‑market trading signal.
CME Group Chief Information Officer Sunil Cutinho received 8,256 Class A shares from a 2022 performance share grant, vesting on March 15, 2026. The award was tied to total shareholder return versus the S&P 500 over a three-year period ending December 31, 2025.
To cover tax obligations on this vesting, 3,658 shares were surrendered back to the company, a standard non-cash mechanism recorded with code F. After these entries, Cutinho directly holds 23,586 shares, indicating this filing reflects compensation and tax settlement rather than discretionary buying or selling.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock Class A | 8,256 | $311.40 | $2.57M |
| Tax Withholding | Common Stock Class A | 3,658 | $311.40 | $1.14M |
Footnotes (1)
- 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. Mr. Cutinho surrendered shares to the company in order to fulfill tax withholding obligations related to the receipt of the performance share award.
FAQ
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