S&P Global (SPGI) EVP discloses RSU vesting and tax share withholding

Rhea-AI Filing Summary

S&P Global Inc. reported insider equity activity for its EVP and Chief People Officer on 12/31/2025. The filing shows multiple restricted stock unit (RSU) conversions into common stock and related share withholding for taxes at a price of $522.59 per share. After these transactions, the officer continued to hold S&P Global common stock directly.

The RSU awards were granted in 2023, 2024, and 2025 with three-year vesting schedules, generally vesting in 33% or 34% annual installments. Vested shares are scheduled to be delivered to the executive no later than January 31 following each vesting date.

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^*

Ganesan Girish

(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 People 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		98	A	$522.59	1,481	D
Common Stock	12/31/2025		F		45	D	$522.59	1,436	D
Common Stock	12/31/2025		M		74	A	$522.59	1,510	D
Common Stock	12/31/2025		F		34	D	$522.59	1,476	D
Common Stock	12/31/2025		M		147	A	$522.59	1,623	D
Common Stock	12/31/2025		F		68	D	$522.59	1,555	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			98	(2)	(2)	Common Stock	98	$0	0	D
Restricted Stock Units(1)	$0	12/31/2025		M			74	(3)	(3)	Common Stock	74	$0	78	D
Restricted Stock Units(1)	$0	12/31/2025		M			147	(4)	(4)	Common Stock	147	$0	301	D
Restricted Stock Units(1)	$0							(5)	(5)	Common Stock	186		186	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 288 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 226 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 448 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.

5. As previously reported, the reporting person was granted 547 restricted stock units on 10/01/2023, subject to 3-year vesting. The restricted stock units vested 33% on 10/01/2024 and 33% on 10/1/2025 and the remaining 34% will vest on 10/01/2026.

Remarks:

	/s/ Tasha Matharu, Attorney-in-Fact	01/05/2026
	** Signature of Reporting Person	Date
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FAQ

What insider transaction did S&P Global (SPGI) disclose in this filing?

The filing reports that the EVP and Chief People Officer of S&P Global Inc. had several restricted stock units convert into common stock on 12/31/2025, along with share withholding for taxes.

Which S&P Global executive is involved and what is their role?

The reporting person is an officer of S&P Global Inc. serving as EVP, Chief People Officer, as indicated in the relationship section.

What price per share was used for the S&P Global stock transactions?

The common stock transactions reported in the filing, including RSU conversions and share withholding, were recorded at a price of $522.59 per share.

How do the S&P Global (SPGI) restricted stock units vest for this executive?

Multiple RSU grants from 03/01/2023, 03/01/2024, 03/01/2025 and 10/01/2023 vest over three years, with installments of 33% and a final 34% on specified future vesting dates.

When are vested S&P Global RSU shares delivered to the executive?

For the RSU grants described, vested shares are to be delivered to the reporting person no later than January 31 following each respective vesting date.

Does this S&P Global insider filing include tax withholding transactions?

Yes. The Form 4 shows transactions coded as F, which represent shares of S&P Global common stock withheld on 12/31/2025 to satisfy tax obligations upon RSU vesting.