Mobility Global grants stock awards to CARFAX president
Mobility Global Inc. reported that Fredericks Scott, President of CARFAX, received two stock awards of its common stock on July 1, 2026.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
Mobility Global Inc. reported that Fredericks Scott, President of CARFAX, received two stock awards of its common stock on July 1, 2026. These awards were classified as grants or other acquisitions rather than open‑market purchases and carried a price of $0.00 per share.
The transactions reflect the conversion of existing S&P Global restricted stock units and performance-based RSUs into Mobility Global RSUs following S&P Global’s pro‑rata spin‑off of Mobility Global. One award covered 136,628 shares, and another covered 82,437 shares, both subject to multi‑year vesting schedules under Mobility Global’s 2026 Long Term Incentive Plan.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 82,437 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 136,628 | $0.00 | $0.00 |
Footnotes (5)
- F1. On July 1, 2026, 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").
- F2. 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").
- F3. 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) 5,445 are scheduled to vest in substantially equal installments on each of December 31, 2026 and December 31, 2027, (ii) 3,456 are scheduled to vest in full on December 31, 2026, and (iii) 73,536 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.
- F4. 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.
- F5. 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 actual performance levels through July 1, 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) 78,980 are scheduled to vest in full on December 31, 2026, and (ii) 57,648 are scheduled to vest in full on December 31, 2027, in each case, subject to the terms of each applicable S&P Global award agreement.
Key Figures
Key Terms
pro-rata spinoff distribution financial
restricted stock units financial
performance-based restricted stock units financial
Equity Award Conversion financial
2026 Long Term Incentive Plan financial
performance goals deemed achieved financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Mobility Global (MBGL) disclose for Fredericks Scott?
Were the Mobility Global (MBGL) transactions open-market buys or compensation grants?
What is the connection between Mobility Global (MBGL) grants and the S&P Global spin-off?
How do the Mobility Global (MBGL) RSU awards to Fredericks Scott vest?
AI-generated analysis. How Rhea-AI works. Not financial advice.