Mobility Global (MBGL) CEO receives large equity grants in spin-off
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mobility Global Inc. Chief Executive Officer William W. Eager reported equity awards connected to the separation from S&P Global. On July 1, 2026, he acquired 351,422 shares of common stock at $0.00 per share and separately acquired 190,008 shares at $0.00 per share, both classified as grants or other acquisitions.
Footnotes explain these represent Mobility restricted stock units created when S&P Global equity awards were converted at the time of a pro-rata spin-off. Following these transactions, his reported direct holdings rose to 556,296 shares and 204,874 shares in the respective lines, reflecting compensation-related equity rather than open‑market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Eager William W
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 190,008 | $0.00 | -- |
| Grant/Award | Common Stock | 351,422 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 204,874 shares (Direct, null)
Footnotes (1)
- On July 1, 2026, S&P Global Inc. ("S&P Global") completed a pro-rata spinoff distribution ("Spin-Off") of all of its shares of Issuer common stock to the holders of record of S&P Global's common stock on June 15, 2026 (the "Record Date"). In connection with the Spin-Off, pursuant to the terms of the Employee Matters Agreement, dated as of June 30, 2026, by and between S&P Global and the Issuer and the anti-dilution adjustment provisions under the applicable S&P Global equity incentive plans, certain restricted stock units and performance-based restricted stock units with respect to S&P Global common stock ("S&P Global RSUs" and "S&P Global PSUs", as applicable) were equitably adjusted and converted into restricted stock units with respect to Issuer common stock ("Mobility RSUs"), based on the quotient of (i) the one-day volume weighted average price ("VWAP") of S&P Global common stock on June 30, 2026 and (ii) the one-day VWAP of Issuer common stock on July 1, 2026 (such adjustment, the "Equity Award Conversion"). Represents the grant of Mobility RSUs upon the conversion of S&P Global RSUs held by the Reporting Person as of immediately prior to the Spin-Off pursuant to the Equity Award Conversion. The Mobility RSUs were granted pursuant to the Issuer's 2026 Long Term Incentive Plan (the "Mobility Plan") and are generally subject to the same terms and conditions as applied to the corresponding S&P Global RSUs. The Mobility RSUs are subject to vesting as follows: (i) 5,078 are scheduled to vest in substantially equal installments on each of December 31, 2026 and December 31, 2027, (ii) 2,298 are scheduled to vest in full on December 31, 2026, (iii) 73,053 are scheduled to vest full on each of December 31, 2026, (iv) 68,902 are scheduled to vest in full on August 15, 2028, and (v) 40,677 are scheduled to vest in substantially equal installments on each of March 1, 2027, March 1, 2028 and March 1, 2029, in each case, subject to the terms of each applicable S&P Global award agreement. Includes shares of Issuer common stock received in connection with the Spin-Off in respect of shares of S&P Global common stock held as of the Record Date. Represents the grant of Mobility RSUs upon the conversion of S&P Global PSUs held by the Reporting Person as of immediately prior to the Spin-Off pursuant to the Equity Award Conversion, with the applicable performance goals deemed achieved at (i) target performance levels with respect to S&P Global PSUs granted in 2026 and (ii) actual performance levels through July 1, 2026 with respect to S&P Global PSUs granted prior to 2026. The Mobility RSUs were granted pursuant to the Mobility Plan and are generally subject to the same terms and conditions as applied to the corresponding S&P Global PSUs (except that any performance conditions have been waived). The Mobility RSUs are subject to vesting as follows: (i) 124,233 are scheduled to vest in full on December 31, 2026, (ii) 132,263 are scheduled to vest in full on December 31, 2027, and (iii) 94,926 are scheduled to vest in full on December 31, 2028, in each case, subject to the terms of each applicable S&P Global award agreement.
Key Figures
Grant 1 shares: 351,422 shares
Grant 2 shares: 190,008 shares
Holdings after Grant 1: 556,296 shares
+5 more
8 metrics
Grant 1 shares
351,422 shares
Common Stock grant on July 1, 2026 at $0.00 per share
Grant 2 shares
190,008 shares
Common Stock grant on July 1, 2026 at $0.00 per share
Holdings after Grant 1
556,296 shares
Total common stock reported following first grant
Holdings after Grant 2
204,874 shares
Total common stock reported following second grant
RSUs vesting 2026 (time-based set)
73,053 shares
Mobility RSUs scheduled to vest in full on December 31, 2026
PSU-converted RSUs vesting 2026
124,233 shares
Mobility RSUs from PSUs vesting in full on December 31, 2026
PSU-converted RSUs vesting 2027
132,263 shares
Mobility RSUs from PSUs vesting in full on December 31, 2027
PSU-converted RSUs vesting 2028
94,926 shares
Mobility RSUs from PSUs vesting in full on December 31, 2028
Key Terms
Spin-Off, restricted stock units, performance-based restricted stock units, Equity Award Conversion, +1 more
5 terms
Spin-Off financial
"completed a pro-rata spinoff distribution ("Spin-Off") of all of its shares"
A spin-off happens when a company creates a new, independent business by separating part of itself, like splitting off a division into its own company. This often happens so the new company can focus better on its own goals or attract different investors. It matters because it can lead to more growth opportunities and clearer focus for both companies.
restricted stock units financial
"certain restricted stock units and performance-based restricted stock units"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
performance-based restricted stock units financial
"certain restricted stock units and performance-based restricted stock units"
Performance-based restricted stock units are a type of employee equity award that converts into company shares only if predefined financial or operational targets are met over a set period. Think of it like a bonus check that becomes stock only when specific goals are hit; it ties pay to results, aligning managers’ incentives with shareholders. Investors care because these awards affect future share count, executive incentives, and signal how management’s success will be measured and rewarded.
Equity Award Conversion financial
"such adjustment, the "Equity Award Conversion""
Long Term Incentive Plan financial
"granted pursuant to the Issuer's 2026 Long Term Incentive Plan"
A long term incentive plan is a company program that awards executives and key employees bonuses—often in stock, options, or cash—only if the business meets multi-year performance goals. It links management pay to company results—like tying a coach’s bonus to a team’s multi-season record—so investors monitor it for how leaders are motivated, potential share dilution, and signals about the company’s long-term priorities.
FAQ
What did MBGL CEO William W. Eager report in this Form 4?
William W. Eager reported equity awards in Mobility Global common stock. He received grants of 351,422 shares and 190,008 shares at $0.00 per share, reflecting compensation-related awards tied to the S&P Global spin-off and equity award conversion.
Were the MBGL CEO’s reported transactions open-market buys or sells?
The transactions were grants or award acquisitions, not market trades. Both entries use transaction code “A” at $0.00 per share, indicating equity compensation adjustments rather than discretionary buying or selling of Mobility Global stock on the open market.
How is the S&P Global spin-off connected to these MBGL awards?
The awards stem from a pro‑rata spin-off by S&P Global. Existing S&P Global RSUs and PSUs were equitably adjusted and converted into Mobility RSUs under an Employee Matters Agreement and an Equity Award Conversion based on one‑day VWAP prices for both companies.
What vesting schedule applies to the converted Mobility RSUs for MBGL’s CEO?
Converted Mobility RSUs vest in multiple tranches. Footnotes describe several groups scheduled to vest on December 31, 2026 and 2027, August 15, 2028, and March 1 of 2027, 2028 and 2029, generally following the original S&P Global award terms.
How many MBGL RSUs from former S&P Global PSUs were granted?
Footnotes state that RSUs from performance-based awards total 124,233 shares vesting December 31, 2026, 132,263 shares vesting December 31, 2027, and 94,926 shares vesting December 31, 2028, after performance goals were deemed achieved or measured through July 1, 2026.