S&P Global Mobility chief reshapes RSUs in spin-off

S&P Global Inc. President, S&P Global Mobility, William W. Eager reported equity award adjustments on July 1, 2026.

Rhea-AI Filing Summary

S&P Global Inc. President, S&P Global Mobility, William W. Eager reported equity award adjustments on July 1, 2026. The filing shows several dispositions of restricted stock units and performance stock units back to the issuer and two new performance stock unit grants of 4,917 and 13,286 units, each representing rights to SPGI common shares.

Footnotes explain that, under an Employee Matters Agreement with Mobility Global Inc., existing RSUs and PSUs were converted into restricted stock units of Mobility Global based on a stated concentration ratio and measured at actual or target performance. These are compensation- and separation-related derivative transactions, not open-market stock trades.

Insights

Equity compensation analyst

Routine spin-off related award reshuffle; no open-market trading signal.

William W. Eager, President, S&P Global Mobility, reported multiple derivative transactions in restricted stock units (RSUs) and performance stock units (PSUs) tied to S&P Global Inc. common stock on July 1, 2026. Code D entries reflect returns of awards to the issuer, while code A entries are new grants.

Footnotes link these moves to an Employee Matters Agreement between S&P Global and Mobility Global Inc., under which existing RSUs and PSUs were converted into Mobility Global restricted stock units using a defined concentration ratio and specified performance measurement (actual or target). This indicates an administrative realignment of compensation around a planned distribution rather than discretionary buying or selling.

There are no open‑market purchases or sales, and the transactions involve only derivative awards. From an investment perspective, this looks like standard equity compensation treatment in a separation context, with neutral impact on the broader S&P Global thesis based on the information provided here.

Insider Trade Summary

9 transactions reported

Mixed 9 txns

Insider Eager William W

Role President, S&P Global Mobility

Type	Security	Shares	Price	Value
Grant/Award	Performance Stock Units	13,286	$0.00	$0.00
Grant/Award	Performance Stock Units	4,917	$0.00	$0.00
Disposition	Performance Stock Units	13,286	$0.00	$0.00
Disposition	Performance Stock Units	4,917	$0.00	$0.00
Disposition	Restricted Stock Units	2,107	$0.00	$0.00
Disposition	Restricted Stock Units	3,784	$0.00	$0.00
Disposition	Restricted Stock Units	119	$0.00	$0.00
Disposition	Restricted Stock Units	263	$0.00	$0.00
Disposition	Restricted Stock Units	3,569	$0.00	$0.00

Holdings After Transaction: Performance Stock Units — 0 contracts (Direct); Restricted Stock Units — 0 contracts (Direct)

Footnotes (4)

1. F1. Each restricted stock unit ("RSU") or performance share unit ("PSU") represents a contingent right to receive one share of SPGI common stock.
2. F2. Pursuant to the Employee Matters Agreement, dated as of June 30, 2026 (the "EMA"), by and between the Issuer and Mobility Global Inc. ("Mobility Global"), effective as of immediately prior to the Distribution (as defined in the Separation Agreement), on July 1, 2026, each PSU was converted into a restricted stock unit of Mobility Global ("Mobility RSU") based on the concentration ratio set forth therein (the "Concentration Ratio"), and measured at actual performance.
3. F3. Pursuant to the EMA, on July 1, 2026, each PSU was converted into a Mobility RSU based on the Concentration Ratio, and measured at target performance.
4. F4. Pursuant to the EMA, on July 1, 2026, each RSU was converted into a Mobility RSU based on the Concentration Ratio.

Key Figures

RSU disposition: 3,569 units Additional RSU dispositions: 3,784 units PSU grant: 4,917 units +3 more

6 metrics

RSU disposition 3,569 units Restricted Stock Units disposed to issuer on July 1, 2026

Additional RSU dispositions 3,784 units Restricted Stock Units disposed to issuer on July 1, 2026

PSU grant 4,917 units Performance Stock Units granted on July 1, 2026

PSU grant 13,286 units Performance Stock Units granted on July 1, 2026

Derivative transactions count 9 transactions Total derivative entries reported in this Form 4

Net buy/sell direction Neutral transactionSummary netBuySellDirection

Key Terms

Restricted Stock Units, Performance Stock Units, Employee Matters Agreement, Distribution, +1 more

5 terms

Restricted Stock Units financial

"Each restricted stock unit ("RSU") represents a contingent right to receive one share of SPGI 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 Stock Units financial

"Each performance share unit ("PSU") represents a contingent right to receive one share of SPGI common stock."

Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.

Employee Matters Agreement regulatory

"Pursuant to the Employee Matters Agreement, dated as of June 30, 2026, by and between the Issuer and Mobility Global Inc."

Distribution financial

"Effective as of immediately prior to the Distribution, each PSU was converted into a restricted stock unit of Mobility Global."

A distribution is a payment or transfer of value from a company, fund, or trust to its shareholders or unit holders, commonly made in cash, additional shares, or other assets. Investors care because distributions provide income, reflect how much cash a business or fund can return to owners, can influence yield and taxable income, and often affect the share price much like a store handing out a portion of its profits to customers.

Concentration Ratio financial

"Each PSU was converted into a Mobility RSU based on the concentration ratio set forth therein and measured at performance."

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did S&P Global (SPGI) executive William W. Eager report in this Form 4?

William W. Eager reported multiple changes in restricted stock units and performance stock units on July 1, 2026. Awards were both disposed back to S&P Global and newly granted, all tied to derivative equity compensation rather than open-market stock purchases or sales.

Were there any open-market stock trades by the S&P Global (SPGI) insider?

No, the Form 4 shows only derivative transactions in RSUs and PSUs, not open-market trades. The dispositions are to the issuer, and the acquisitions are grants or awards, meaning no direct buying or selling of SPGI common stock on the open market.

How many performance stock units did the S&P Global (SPGI) executive receive?

The filing reports two new performance stock unit grants: 4,917 units and 13,286 units. Each unit represents a contingent right to receive one share of S&P Global common stock, subject to the terms and performance conditions of the applicable award agreements.

What is the role of the Employee Matters Agreement in these SPGI transactions?

An Employee Matters Agreement between S&P Global and Mobility Global governs these award changes. It provides that existing RSUs and PSUs were converted into Mobility Global restricted stock units using a concentration ratio and performance metrics, aligning compensation with the planned Mobility Global distribution.

How were S&P Global (SPGI) RSUs and PSUs affected by the Mobility Global spin-related arrangements?

Footnotes state that each PSU and RSU representing SPGI common stock was converted into a Mobility Global restricted stock unit. The conversion used a defined concentration ratio and, for PSUs, considered actual or target performance, effectively shifting equity incentives to Mobility Global.

Does this SPGI Form 4 filing indicate a significant change in insider ownership?

The filing shows award dispositions and new grants, but only for derivative securities, not direct shareholdings. It mainly reflects a restructuring of RSUs and PSUs under the Mobility Global separation arrangements, rather than a large discretionary change in common stock ownership.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/06/2026 - 05:25 PM Learn about SEC filing dates

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

X

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^*

Eager William W

(Last) (First) (Middle)

55 WATER STREET

(Street)

NEW YORK NEW YORK 10041

(City) (State) (Zip)

UNITED STATES

(Country)

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 Mobility

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2026

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

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

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

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

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
Performance Stock Units(1)	(2)	07/01/2026		A		13,286		(2)	(2)	Common Stock	13,286	(2)	13,286	D
Performance Stock Units(1)	(3)	07/01/2026		A		4,917		(3)	(3)	Common Stock	4,917	(3)	4,917	D
Performance Stock Units(1)	(2)	07/01/2026		D			13,286	(2)	(2)	Common Stock	13,286	(2)	0	D
Performance Stock Units(1)	(3)	07/01/2026		D			4,917	(3)	(3)	Common Stock	4,917	(3)	0	D
Restricted Stock Units(1)	(4)	07/01/2026		D			2,107	(4)	(4)	Common Stock	2,107	(4)	0	D
Restricted Stock Units(1)	(4)	07/01/2026		D			3,784	(4)	(4)	Common Stock	3,784	(4)	0	D
Restricted Stock Units(1)	(4)	07/01/2026		D			119	(4)	(4)	Common Stock	119	(4)	0	D
Restricted Stock Units(1)	(4)	07/01/2026		D			263	(4)	(4)	Common Stock	263	(4)	0	D
Restricted Stock Units(1)	(4)	07/01/2026		D			3,569	(4)	(4)	Common Stock	3,569	(4)	0	D

Explanation of Responses:

1. Each restricted stock unit ("RSU") or performance share unit ("PSU") represents a contingent right to receive one share of SPGI common stock.

2. Pursuant to the Employee Matters Agreement, dated as of June 30, 2026 (the "EMA"), by and between the Issuer and Mobility Global Inc. ("Mobility Global"), effective as of immediately prior to the Distribution (as defined in the Separation Agreement), on July 1, 2026, each PSU was converted into a restricted stock unit of Mobility Global ("Mobility RSU") based on the concentration ratio set forth therein (the "Concentration Ratio"), and measured at actual performance.

3. Pursuant to the EMA, on July 1, 2026, each PSU was converted into a Mobility RSU based on the Concentration Ratio, and measured at target performance.

4. Pursuant to the EMA, on July 1, 2026, each RSU was converted into a Mobility RSU based on the Concentration Ratio.

	/s/ Judah Bareli, Attorney-in-Fact	07/06/2026
	** 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.
* Form 4: SEC 1474 (03-26)