[Form 3] S&P Global Inc. Initial Statement of Beneficial Ownership

Rhea-AI Filing Summary

William W. Eager, President of S&P Global Mobility, filed an Initial Statement of Beneficial Ownership reporting direct ownership of 6,201.589 shares of S&P Global Inc. (SPGI) common stock and several restricted stock unit (RSU) awards that convert into common shares. The filing lists RSU positions underlying 254, 7,454, 152, 234, and 392 shares, all shown as direct ownership subject to vesting schedules.

The filing notes certain RSUs were converted from IHS Markit awards as part of the IHS Markit merger, with performance-vesting conditions on those converted awards having lapsed. It also details grant and vesting dates: an 11,124-RSU payout on 03/04/2025 tied to a 05/03/2022 performance award, and subsequent time-based vesting schedules for awards granted in 2023, 2024, and 2025, with vested shares delivered no later than January 31 following each vesting date. The report lists the triggering event date as 08/15/2025 and is signed by an attorney-in-fact on 08/19/2025.

Positive

• Direct ownership of 6,201.589 SPGI common shares is clearly disclosed, enhancing transparency
• Detailed vesting schedules and delivery timing for RSUs are provided, aiding governance and compliance tracking
• Conversion of IHS Markit RSUs is documented, clarifying post-merger award treatment

Negative

• Performance-vesting conditions on converted IHS Markit performance-based RSUs lapsed, reducing potential future upside from those awards

Insights

Financial Analyst

TL;DR: Routine Section 16 filing showing direct share ownership and multiple time-based RSU schedules, largely administrative in nature.

The filing documents direct beneficial ownership of 6,201.589 SPGI common shares and multiple RSU awards with explicit vesting schedules and historic conversion from IHS Markit awards. The material facts are administrative: grant sizes, vesting timetables, and the conversion note clarify compensation recognition and potential future share dilution as awards vest. The 11,124-RSU performance payout on 03/04/2025 is a discrete realized event; however, the filing contains no sale, purchase, or exercise transactions that would materially alter outstanding share counts today. Overall, the filing supplies clear transparency on an executive’s equity compensation but does not present new operating or financial performance information.

Corporate Governance Expert

TL;DR: Standard insider disclosure reflecting executive equity holdings and post-merger award treatment; informs governance and disclosure records.

The report confirms the reporting person’s role as an officer and details the conversion of IHS Markit RSUs following the merger, including lapse of certain performance-vesting conditions. The filing clearly states vesting schedules and delivery timing for vested shares, which is important for governance tracking of director/officer compensation and potential insider trading windows. No indications of amended ownership thresholds, related-party transactions, or governance disputes are present. This is a routine disclosure maintaining compliance with Section 16 requirements.

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Eager William W

(Last) (First) (Middle)

55 WATER STREET

(Street)

NEW YORK NY 10041

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
08/15/2025

3. Issuer Name and Ticker or Trading Symbol
S&P Global Inc. [ SPGI ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President, S&P Global Mobility

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	6,201.589	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units(1)	(2)	(2)	Common Stock	254	$0	D
Restricted Stock Units(1)	(3)	(3)	Common Stock	7,454	$0	D
Restricted Stock Units(1)	(4)	(4)	Common Stock	152	$0	D
Restricted Stock Units(1)	(5)	(5)	Common Stock	234	$0	D
Restricted Stock Units(1)	(6)	(6)	Common Stock	392	$0	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one share of SPGI common stock.

2. These restricted stock units were converted from restricted stock units in IHS Markit Ltd. ("IHS Markit") in connection with the IHS Markit merger, and have the same terms and conditions as those that applied immediately prior to the consummation of the merger, except that the performance-vesting conditions with respect to the restricted stock units that were converted from IHS Markit performance-based restricted stock units lapsed.

3. The reporting person acquired 11,124 restricted stock units on 03/04/2025 upon satisfaction of the performance criteria for a performance-based restricted stock unit award issued on 05/03/2022. The time-based restricted stock units in respect of the award vested 33% on 12/31/2024 and will vest 33% on 12/31/2025 and 34% on 12/31/2026. Vested shares for outstanding award tranches will be delivered to the reporting person no later than January 31 following the respective service-based vesting date.

4. The reporting person was granted 444 restricted stock units on 03/01/2023, subject to 3-year vesting. The restricted stock units vested 33% on 12/31/2023 and 33% on 12/31/2024 and the remaining 34% will vest on 12/31/2025. Vested shares will be delivered to the reporting person no later than January 31 following the respective vesting date.

5. The reporting person was granted 349 restricted stock units on 03/01/2024, subject to 3-year vesting. The restricted stock units vested 33% on 12/31/2024 and will vest 33% on 12/31/2025 and 34% on 12/31/2026. Vested shares will be delivered to the reporting person no later than January 31 following the respective vesting date.

6. The reporting person was granted 392 restricted stock units on 03/01/2025, subject to 3-year vesting. The restricted stock units will vest 33% on 12/31/2025, 33% on 12/31/2026 and 34% on 12/31/2027. Vested shares will be delivered to the reporting person no later than January 31 following the respective vesting date.

Remarks:

	/s/ Tasha Matharu, Attorney-in-Fact	08/19/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What SPGI holdings does William W. Eager report on the Form 3?

The filing reports 6,201.589 shares of SPGI common stock directly owned plus RSUs underlying 254, 7,454, 152, 234, and 392 shares.

When was the event requiring this Form 3 filed and who signed it?

The event date is 08/15/2025 and the Form 3 was signed by an attorney-in-fact on 08/19/2025.

Were any RSUs converted from IHS Markit awards?

Yes, certain restricted stock units were converted from IHS Markit Ltd. awards in connection with the IHS Markit merger, and performance-vesting conditions on those converted awards lapsed.

Did the filing report any exercised options, sales, or purchases?

No. The filing shows direct common shares and RSUs with vesting schedules; it does not report any option exercises, purchases, or sales.

When will vested RSU shares be delivered to the reporting person?

Vested shares for outstanding award tranches will be delivered no later than January 31 following the respective service-based vesting date.