S&P Global (NYSE: SPGI) EVP details RSU vesting and tax share sales

Rhea-AI Filing Summary

S&P Global Inc.'s EVP and Chief Legal Officer reported multiple equity transactions dated 12/31/2025. The filing shows several conversions of restricted stock units into common stock, coded as transaction type M, including 604, 587 and 527 shares at an indicated price of $522.59 per share. These reflect previously granted awards vesting over three-year schedules.

On the same date, the insider also reported share dispositions coded F, which typically indicate shares withheld to cover taxes, including 166, 143 and 129 shares at $522.59 per share. After these transactions, the reporting person directly owned 8,529 shares of S&P Global common stock.

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

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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^*

Kemps Steven J

(Last) (First) (Middle)

55 WATER STREET

(Street)

NEW YORK NY 10041

(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)
	EVP, Chief Legal Officer

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		604	A	$522.59	7,853	D
Common Stock	12/31/2025		F		166	D	$522.59	7,687	D
Common Stock	12/31/2025		M		587	A	$522.59	8,274	D
Common Stock	12/31/2025		F		143	D	$522.59	8,131	D
Common Stock	12/31/2025		M		527	A	$522.59	8,658	D
Common Stock	12/31/2025		F		129	D	$522.59	8,529	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			604	(2)	(2)	Common Stock	604	$0	0	D
Restricted Stock Units(1)	$0	12/31/2025		M			587	(3)	(3)	Common Stock	587	$0	606	D
Restricted Stock Units(1)	$0	12/31/2025		M			527	(4)	(4)	Common Stock	527	$0	1,071	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 1,776 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 1,780 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 1,598 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.
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FAQ

What insider activity did S&P Global (SPGI) report on 12/31/2025?

The EVP and Chief Legal Officer of S&P Global Inc. reported multiple transactions on 12/31/2025, including the conversion of restricted stock units into common stock and share dispositions related to those vestings.

How many S&P Global (SPGI) shares did the insider acquire through RSU vesting?

The filing reports RSU conversions coded M into 604, 587 and 527 shares of S&P Global common stock, each linked to previously granted restricted stock unit awards.

Were any S&P Global (SPGI) shares disposed of to cover taxes?

Yes. The insider reported share dispositions coded F of 166, 143 and 129 S&P Global shares at $522.59 per share, which the code indicates were related to tax withholding on the equity awards.

What is the vesting schedule of the reported S&P Global (SPGI) RSUs?

The filing explains that grants of 1,776, 1,780 and 1,598 restricted stock units vest over three years, with portions vesting on 12/31/2023, 12/31/2024, 12/31/2025, and future vesting scheduled on 12/31/2026 and 12/31/2027.

How many S&P Global (SPGI) shares does the insider own after these transactions?

Following the reported transactions on 12/31/2025, the EVP and Chief Legal Officer directly owned 8,529 shares of S&P Global common stock.

What does each restricted stock unit represent in this S&P Global (SPGI) filing?

Each restricted stock unit reported represents a contingent right to receive one share of SPGI common stock, delivered no later than January 31 following the applicable vesting date.