Mobility Global grants director 20,172 and 11,095 RSUs
Mobility Global Inc. director Joseph R. Hinrichs received two RSU awards tied to the 2026 Spin-Off and board service, plus common shares via a pro-rata spinoff distribution.
Rhea-AI Filing Summary
Mobility Global Inc. (symbol: MBGL) is the issuer of record for a Form 4 filing submitted to the SEC. Hinrichs Joseph R reported acquisition or exercise transactions in this Form 4 filing.
Mobility Global Inc. (MBGL) reported that director Joseph R. Hinrichs received two equity awards of common stock on September 1, 2026. He was granted 20,172 restricted stock units as a special Spin-Off-related award under the 2026 Long Term Incentive Plan and 11,095 restricted stock units as his annual board grant. The Spin-Off footnote also shows 57 common shares held indirectly through The Joseph R. Hinrichs Living Trust. No Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 31,267 shares
Grant/Award
3 txns
Insider
Hinrichs Joseph R
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1, F2 | 20,172 | $0.00 | $0.00 |
| Grant/Award | Common Stock F3, F2 | 11,095 | $0.00 | $0.00 |
| holding | Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 31,351 shares (Direct);
Common Stock — 57 shares (Indirect, Held in The Joseph R. Hinrichs Living Trust UAD 11/20/2009, Joseph Hinrichs TTEE)
Footnotes (3)
- F1. Represents a special grant of restricted stock units ("RSUs") made to the Reporting Person in connection with the Issuer's Spin-Off (defined in footnote 2) pursuant to the Issuer's 2026 Long Term Incentive Plan (the "2026 Plan"). These RSUs will vest in full on the third anniversary of the date of grant, subject to the terms and conditions of the award agreement.
- F2. 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"). The amount of securities herein includes shares of Issuer common stock received by the Reporting Person in connection with the Spin-Off in respect of shares of S&P Global common stock held by the Reporting Person as of the Record Date.
- F3. Represents an annual grant of RSUs made to the Reporting Person in respect of his service on the Issuer's board of directors pursuant to the 2026 Plan. These RSUs will vest on July 1, 2027, subject to the terms and conditions of the award agreement.
Key Figures
Special Spin-Off RSU grant: 20,172 shares
Annual director RSU grant: 11,095 shares
Indirect common shares held: 57 shares
+2 more
5 metrics
Special Spin-Off RSU grant
20,172 shares
Restricted stock units granted September 1, 2026, vesting on third anniversary, subject to award terms
Annual director RSU grant
11,095 shares
Restricted stock units granted September 1, 2026, vesting July 1, 2027, subject to award terms
Indirect common shares held
57 shares
Mobility Global Inc. common stock held in The Joseph R. Hinrichs Living Trust after Spin-Off
Spin-Off completion date
July 1, 2026
Date S&P Global Inc. completed pro-rata spinoff distribution of Mobility Global Inc. common stock
Spin-Off record date
June 15, 2026
Record date for holders of S&P Global common stock eligible for the Spin-Off distribution
Key Terms
restricted stock units, Spin-Off, pro-rata spinoff distribution, 2026 Long Term Incentive Plan, +1 more
5 terms
restricted stock units financial
"Represents a special grant of restricted stock units ("RSUs") made to the Reporting Person"
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.
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.
pro-rata spinoff distribution financial
"completed a pro-rata spinoff distribution ("Spin-Off") of all of its shares"
2026 Long Term Incentive Plan financial
"pursuant to the Issuer's 2026 Long Term Incentive Plan (the "2026 Plan")"
Record Date regulatory
"to the holders of record of S&P Global's common stock on June 15, 2026 (the "Record Date")"
The record date is the specific day when a company determines which shareholders are eligible to receive a dividend or participate in an upcoming vote. It’s like a cutoff date; if you own the stock on that day, you get the benefits or voting rights. This date matters because it decides who qualifies for certain company benefits.
FAQ
What insider equity awards did MBGL director Joseph R. Hinrichs receive on September 1, 2026?
He received two awards of Mobility Global Inc. common stock: a special Spin-Off-related grant of 20,172 restricted stock units (RSUs) and an annual director grant of 11,095 RSUs, both under the company’s 2026 Long Term Incentive Plan.
How do the new RSU awards for MBGL’s Hinrichs vest?
The 20,172 Spin-Off RSUs vest in full on the third anniversary of the September 1, 2026 grant date, subject to the award terms. The 11,095 annual director RSUs vest on July 1, 2027, also subject to the applicable award agreement.
Were Hinrichs’s MBGL transactions made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates no Rule 10b5-1 trading plan for these transactions. The reported acquisitions are equity grants and Spin-Off-related share distributions, not open-market purchases or sales under a pre-arranged trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
