Spin-off grants Mobility Global (MBGL) CFO 271,206 new RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mobility Global Inc. reported that Chief Financial Officer Matthew Calderone acquired 271,206 shares of common stock in the form of restricted stock units at a price of $0.00 per share. These Mobility RSUs were issued on July 1, 2026 through an equity award conversion tied to S&P Global Inc.’s pro-rata spin-off of Mobility Global.
The grant reflects the conversion of prior S&P Global RSUs into Mobility Global RSUs under the companies’ Employee Matters Agreement and S&P Global equity incentive plans. Following this award, Calderone directly holds 271,206 Mobility Global shares in RSU form, subject to vesting from March 1, 2027 through March 1, 2029 under the issuer’s 2026 Long Term Incentive Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Calderone Matthew
Role
Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 271,206 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 271,206 shares (Direct)
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) 133,306 are scheduled to vest in substantially equal installments on each of March 1, 2027, March 1, 2028 and March 1, 2029, and (ii) 137,900 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.
Key Figures
RSUs granted: 271,206 shares
Grant price: $0.00 per share
Total direct holdings after transaction: 271,206 shares
+2 more
5 metrics
RSUs granted
271,206 shares
Mobility Global RSUs granted to CFO on July 1, 2026
Grant price
$0.00 per share
Price per share for RSU grant
Total direct holdings after transaction
271,206 shares
CFO direct ownership following RSU grant
First RSU block
133,306 RSUs
Scheduled to vest in equal installments on March 1, 2027, 2028, 2029
Second RSU block
137,900 RSUs
Scheduled to vest in equal installments on March 1, 2027, 2028, 2029
Key Terms
restricted stock units, performance-based restricted stock units, pro-rata spinoff distribution, Equity Award Conversion, +1 more
5 terms
restricted stock units financial
"certain restricted stock units and performance-based restricted stock units with respect to S&P Global common stock"
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 with respect to S&P Global common stock"
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.
pro-rata spinoff distribution financial
"completed a pro-rata spinoff distribution of all of its shares of Issuer common stock"
Equity Award Conversion financial
"such adjustment, the "Equity Award Conversion""
Long Term Incentive Plan financial
"The Mobility RSUs were 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 insider transaction did Mobility Global (MBGL) report for its CFO?
Mobility Global reported that CFO Matthew Calderone received 271,206 restricted stock units of common stock. The award came through an equity conversion related to S&P Global’s spin-off, rather than an open-market purchase or sale of shares.
How many Mobility Global (MBGL) RSUs did the CFO receive and at what price?
The CFO received 271,206 restricted stock units of Mobility Global common stock at a price of $0.00 per share. This reflects a compensation-related equity grant, not a cash transaction in the open market by the executive.
Why did Mobility Global (MBGL) grant RSUs to its CFO on July 1, 2026?
The RSUs were granted because S&P Global completed a pro-rata spin-off of Mobility Global and converted existing S&P Global RSUs into Mobility RSUs. The conversion followed an Employee Matters Agreement and anti-dilution provisions in S&P Global equity plans.
How do the new Mobility Global (MBGL) RSUs for the CFO vest over time?
The Mobility RSUs vest in installments between March 1, 2027 and March 1, 2029. Two blocks, 133,306 and 137,900 RSUs, each vest in substantially equal installments on March 1, 2027, 2028, and 2029, subject to the original award terms.
What is the CFO’s direct Mobility Global (MBGL) holding after this Form 4 transaction?
After the transaction, the CFO directly holds 271,206 shares in the form of restricted stock units. This total reflects the converted Mobility RSUs reported in the filing and is fully subject to the vesting schedule described for the underlying awards.
Is the Mobility Global (MBGL) CFO’s RSU grant part of a broader spin-off structure?
Yes. The grant arises from S&P Global’s pro-rata spin-off distribution of Mobility Global and an Equity Award Conversion. That conversion adjusted S&P Global RSUs and PSUs into Mobility RSUs based on relative volume-weighted average prices of both companies’ stock.