S&P Global (NYSE: SPGI) exec logs stock award and tax withholding
Rhea-AI Filing Summary
S&P Global Inc. reported that David P. Ernsberger, President, S&P Global Energy, received a grant of 1,508 shares of common stock on achievement of a performance goal under a prior performance share unit award. On the same date, 709 shares were disposed of to satisfy tax withholding obligations under the company’s 2019 Stock Incentive Plan at a price of $418.27 per share. Following these transactions, he directly holds 4,947 common shares, plus restricted stock units representing 89 and 207 shares from earlier grants that continue to vest over a three-year schedule.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 799 shares
Net Buy
4 txns
Insider
Ernsberger David P
Role
President, S&P Global Energy
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,508 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 709 | $418.27 | $297K |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Common Stock — 4,947 shares (Direct);
Restricted Stock Units — 296 shares (Direct)
Footnotes (5)
- F1. Represents acquisition of beneficial ownership due to the achievement of performance goal under performance share unit award.
- F2. Withholding of shares of Common Stock under the S&P Global Inc. 2019 Stock Incentive Plan withholding obligation in transaction exempt under and complying with Rule 16b-3.
- F3. Each restricted stock unit represents a contingent right to receive one share of SPGI common stock.
- F4. 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.
- F5. 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.
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