S&P Global (NYSE: SPGI) legal chief gets stock award, withholds shares for taxes
Filing Impact
Filing Sentiment
Form Type
4
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
4 transactions reported
Mixed
4 txns
Insider
Kemps Steven J
Role
EVP, Chief Legal Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 7,551 | $0.00 | -- |
| Tax Withholding | Common Stock | 2,939 | $418.27 | $1.23M |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Common Stock — 16,080 shares (Direct);
Restricted Stock Units — 606 shares (Direct)
Footnotes (1)
- Represents acquisition of beneficial ownership due to the achievement of performance goal under performance share unit award. 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. Each restricted stock unit represents a contingent right to receive one share of SPGI common stock. 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. 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.
FAQ
What did S&P Global (SPGI) executive Steven J. Kemps report on this Form 4?
Steven J. Kemps reported a stock grant and a tax-withholding share disposition. He acquired 7,551 S&P Global common shares via a performance-based award and had 2,939 shares withheld at $418.27 each to satisfy tax obligations under the company’s 2019 stock incentive plan.
What restricted stock unit (RSU) positions does Steven J. Kemps report at S&P Global?
Steven J. Kemps reports RSU holdings representing contingent rights to receive S&P Global common stock. After the transactions, he held 606 RSUs from a 2024 grant and 1,071 RSUs from a 2025 grant, each subject to multi-year vesting schedules ending in 2026 and 2027 respectively.
What role does Steven J. Kemps hold at S&P Global (SPGI) in connection with this Form 4?
Steven J. Kemps serves as Executive Vice President and Chief Legal Officer at S&P Global. The Form 4 details changes in his direct equity holdings, including a performance-based stock award and tax-related share withholding under the company’s stock incentive programs.