S&P Global (SPGI) awards new RSU grants to S&P Dow Jones Indices CEO

Rhea-AI Filing Summary

Clay Catherine R reported acquisition or exercise transactions in this Form 4 filing.

S&P Global Inc. reported that Catherine R. Clay, CEO of S&P Dow Jones Indices, received two grants of restricted stock units on March 1, 2026. She was awarded 1,325 restricted stock units and a separate grant of 857 restricted stock units, each representing the right to receive one share of SPGI common stock.

Both grants are subject to a three-year vesting schedule, with 33% scheduled to vest on March 1, 2027, 33% on March 1, 2028, and 34% on March 1, 2029. These awards increase her direct equity-based compensation tied to S&P Global’s future performance.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Clay Catherine R

Role CEO, S&P Dow Jones Indices

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	1,325	$0.00	--
Grant/Award	Restricted Stock Units	857	$0.00	--

Holdings After Transaction: Restricted Stock Units — 1,325 shares (Direct)

Footnotes (1)

1. Each restricted stock unit represents a contingent right to receive one share of SPGI common stock. The reporting person was granted 1,325 restricted stock units on 03/01/2026, subject to 3-year vesting. The restricted stock units will vest 33% on 03/01/2027, 33% on 03/01/2028 and 34% on 03/01/2029. The reporting person was granted 857 restricted stock units on 03/01/2026, subject to 3-year vesting. The restricted stock units will vest 33% on 03/01/2027, 33% on 03/01/2028 and 34% on 03/01/2029.

Form 4 Insider Transactions: What Each Field Means →

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

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

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^*

Clay Catherine R

(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)
	CEO, S&P Dow Jones Indices

3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026

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

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	03/01/2026		A		1,325		(2)	(2)	Common Stock	1,325	$0	1,325	D
Restricted Stock Units(1)	$0	03/01/2026		A		857		(3)	(3)	Common Stock	857	$0	857	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one share of SPGI common stock.

2. The reporting person was granted 1,325 restricted stock units on 03/01/2026, subject to 3-year vesting. The restricted stock units will vest 33% on 03/01/2027, 33% on 03/01/2028 and 34% on 03/01/2029.

3. The reporting person was granted 857 restricted stock units on 03/01/2026, subject to 3-year vesting. The restricted stock units will vest 33% on 03/01/2027, 33% on 03/01/2028 and 34% on 03/01/2029.

Remarks:

	/s/ Judah Bareli, Attorney-in-Fact	03/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did S&P Global (SPGI) report for Catherine R. Clay?

S&P Global reported that Catherine R. Clay received two grants of restricted stock units. She was awarded 1,325 RSUs and a separate 857 RSU grant, each convertible into one SPGI share, as part of her equity-based compensation.

How many restricted stock units did SPGI grant to Catherine R. Clay?

Catherine R. Clay was granted 1,325 restricted stock units and a separate grant of 857 restricted stock units. Each unit represents a contingent right to receive one share of S&P Global common stock, increasing her direct equity incentives.

What is the vesting schedule for Catherine R. Clay’s SPGI restricted stock units?

Both restricted stock unit grants follow a three-year vesting schedule. They vest 33% on March 1, 2027, 33% on March 1, 2028, and 34% on March 1, 2029, aligning her compensation with S&P Global’s medium-term performance.

Do Catherine R. Clay’s SPGI RSU grants involve any cash transaction?

The RSU grants show a price per share of $0.0000, indicating they are non-cash equity awards. They represent contingent rights to receive SPGI common shares over time rather than immediate share purchases on the open market.

What does each restricted stock unit represent in the SPGI Form 4 filing?

Each restricted stock unit represents a contingent right to receive one share of S&P Global common stock. The units convert into shares only as they vest under the specified three-year schedule, tying value to continued service and company performance.