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S&P Global (SPGI) officer details 2025 RSU vesting on Form 4

Filing Impact
(High)
Filing Sentiment
(Positive)
Form Type
4

Rhea-AI Filing Summary

S&P Global Inc.'s president of S&P Global Energy filed a Form 4 reporting routine equity compensation activity. On December 31, 2025, multiple tranches of previously granted restricted stock units (RSUs) converted into common stock and some shares were withheld to cover obligations at a price of $522.59 per share.

The filing shows small acquisitions of common stock coded "M" as RSUs vested, and disposals coded "F" for share withholding, leaving the officer with a modest directly owned common stock position. The RSUs came from grants made on 03/01/2023, 03/01/2024, and 03/01/2025, each subject to three-year vesting schedules, with portions vesting in 2023, 2024, 2025 and additional vesting scheduled for 2026 and 2027.

Positive

  • None.

Negative

  • None.
Insider Ernsberger David P
Role President, S&P Global Energy
Type Security Shares Price Value
Exercise Restricted Stock Units 121 $0.00 --
Exercise Restricted Stock Units 86 $0.00 --
Exercise Restricted Stock Units 101 $0.00 --
Exercise Common Stock 121 $522.59 $63K
Tax Withholding Common Stock 57 $522.59 $30K
Exercise Common Stock 86 $522.59 $45K
Tax Withholding Common Stock 41 $522.59 $21K
Exercise Common Stock 101 $522.59 $53K
Tax Withholding Common Stock 48 $522.59 $25K
Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Common Stock — 4,107 shares (Direct)
Footnotes (1)
  1. Each restricted stock unit represents a contingent right to receive one share of SPGI common stock. As previously reported, the reporting person was granted 355 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% vested on 12/31/2025. Vested shares will be delivered to the reporting person no later than January 31 following the respective vesting date. As previously reported, the reporting person was granted 261 restricted stock units on 03/01/2024, subject to 3-year vesting. The restricted stock units vested 33% on 12/31/2024 and 33% on 12/31/2025 and the remaining 34% will vest on 12/31/2026. Vested shares will be delivered to the reporting person no later than January 31 following the respective vesting date. As previously reported, the reporting person was granted 308 restricted stock units on 03/01/2025, subject to 3-year vesting. The restricted stock units vested 33% on 12/31/2025 and will vest 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.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Ernsberger David P
(Last) (First) (Middle)
55 WATER STREET
(Street)
NEW YORK NY 100041
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
S&P Global Inc. [ SPGI ] 		5. 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 Energy
3. Date of Earliest Transaction (Month/Day/Year)
12/31/2025
4. 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 Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/31/2025 M 121 A $522.59 4,107 D
Common Stock 12/31/2025 F 57 D $522.59 4,050 D
Common Stock 12/31/2025 M 86 A $522.59 4,136 D
Common Stock 12/31/2025 F 41 D $522.59 4,095 D
Common Stock 12/31/2025 M 101 A $522.59 4,196 D
Common Stock 12/31/2025 F 48 D $522.59 4,148 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units(1) $0 12/31/2025 M 121 (2) (2) Common Stock 121 $0 0 D
Restricted Stock Units(1) $0 12/31/2025 M 86 (3) (3) Common Stock 86 $0 89 D
Restricted Stock Units(1) $0 12/31/2025 M 101 (4) (4) Common Stock 101 $0 207 D
Explanation of Responses:
1. Each restricted stock unit represents a contingent right to receive one share of SPGI common stock.
2. As previously reported, the reporting person was granted 355 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% vested on 12/31/2025. Vested shares will be delivered to the reporting person no later than January 31 following the respective vesting date.
3. As previously reported, the reporting person was granted 261 restricted stock units on 03/01/2024, subject to 3-year vesting. The restricted stock units vested 33% on 12/31/2024 and 33% on 12/31/2025 and the remaining 34% will vest on 12/31/2026. Vested shares will be delivered to the reporting person no later than January 31 following the respective vesting date.
4. As previously reported, the reporting person was granted 308 restricted stock units on 03/01/2025, subject to 3-year vesting. The restricted stock units vested 33% on 12/31/2025 and will vest 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 01/05/2026
** 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 4 (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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What did the SPGI Form 4 filing report for S&P Global Inc.?

The Form 4 reports that the president of S&P Global Energy had multiple tranches of previously awarded restricted stock units vest on December 31, 2025, which converted into shares of S&P Global Inc. common stock, with some of those shares withheld to cover obligations at a price of $522.59 per share.

Which insider is involved in this SPGI Form 4 transaction?

The reporting person is an officer of S&P Global Inc. serving as President, S&P Global Energy, and the filing reflects changes in that officer’s beneficial ownership of SPGI common stock and RSUs.

What type of securities are reported in this SPGI Form 4?

The filing covers common stock of S&P Global Inc. and restricted stock units (RSUs). Each RSU represents a contingent right to receive one share of SPGI common stock, subject to the vesting schedules described in the footnotes.

How are the SPGI restricted stock units scheduled to vest?

The Form 4 explains that RSU grants made on 03/01/2023, 03/01/2024, and 03/01/2025 each vest over three years, with portions vesting in 2023, 2024, 2025 and remaining portions scheduled to vest on 12/31/2026 and 12/31/2027, as applicable. Vested shares are to be delivered no later than January 31 following each vesting date.

What do the transaction codes M and F mean in this SPGI Form 4?

In the non-derivative table, transactions coded "M" reflect the conversion of vested RSUs into common stock, while transactions coded "F" reflect shares of common stock disposed of to cover obligations at a price of $522.59 per share.

Does this SPGI Form 4 indicate any remaining RSU awards after the 2025 vesting?

Yes. Table II shows that after the December 31, 2025 vesting events, the reporting person continues to beneficially own restricted stock units, with vesting scheduled to continue in 2026 and 2027 under the original grant terms.