S&P Global (NYSE: SPGI) legal chief gets stock award, withholds shares for taxes
Rhea-AI Filing Summary
S&P Global EVP and Chief Legal Officer Steven J. Kemps reported equity-related changes in his holdings. On February 24, 2026, he acquired 7,551 shares of common stock at $0 per share through a grant tied to achieving a performance goal under a performance share unit award.
On the same date, 2,939 shares of common stock at $418.27 per share were withheld to cover tax obligations under the company’s 2019 stock incentive plan, a disposition coded as a tax-withholding transaction rather than an open-market sale. After these transactions, he directly owned 13,141 common shares. He also held restricted stock units representing contingent rights to receive 606 and 1,071 shares, linked to multi-year vesting schedules through 2026 and 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,551 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock | 2,939 | $418.27 | $1.23M |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
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 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.
- F5. 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.
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