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S&P Global (SPGI) president reports 7,551-share grant and tax withholding

Filing Impact
(Very High)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

S&P Global Inc. President, Market Intelligence, Saugata Saha reported equity compensation activity involving company common stock and restricted stock units. On February 24, 2026, he acquired 7,551 shares of common stock at $0.00 per share through a grant tied to achievement of a performance goal under a performance share unit award, increasing his direct common stock holdings. On the same date, 3,849 shares of common stock at $418.27 per share were disposed of to satisfy tax withholding obligations under the S&P Global Inc. 2019 Stock Incentive Plan in a transaction exempt under Rule 16b-3, leaving 8,022 shares of common stock owned directly following these transactions.

He also reported direct holdings of restricted stock units, each representing a contingent right to receive one share of SPGI common stock. One award of 1,990 restricted stock units granted on March 1, 2024 vests over three years: 33% vested on December 31, 2024, 33% on December 31, 2025, and the remaining 34% will vest on December 31, 2026, with vested shares delivered no later than January 31 following each vesting date. Another award of 1,822 restricted stock units granted on March 1, 2025 also vests over three years: 33% vested on December 31, 2025, and 33% and 34% will vest on December 31, 2026 and December 31, 2027, respectively, with delivery timing on the same basis.

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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
Estimated average burden
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*
Saha Saugata

(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)
President, Market Intelligence
3. Date of Earliest Transaction (Month/Day/Year)
02/24/2026
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
Common Stock 02/24/2026 A(1) 7,551 A $0 11,871 D
Common Stock 02/24/2026 F(2) 3,849 D $418.27 8,022 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(3) $0 (4) (4) Common Stock 678 678 D
Restricted Stock Units(3) $0 (5) (5) Common Stock 1,221 1,221 D
Explanation of Responses:
1. Represents acquisition of beneficial ownership due to the achievement of performance goal under performance share unit award.
2. 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.
3. Each restricted stock unit represents a contingent right to receive one share of SPGI common stock.
4. As previously reported, the reporting person was granted 1,990 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.
5. As previously reported, the reporting person was granted 1,822 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/ Judah Bareli, Attorney-in-Fact 02/26/2026
** 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 did S&P Global (SPGI) executive Saugata Saha report in this Form 4?

Saugata Saha reported a grant of 7,551 SPGI common shares from a performance-based award and a 3,849-share tax-withholding disposition. He also updated his restricted stock unit holdings and their multi-year vesting schedules tied to earlier equity awards.

How many S&P Global (SPGI) common shares does Saugata Saha own after these transactions?

Following the reported transactions, Saugata Saha directly owns 8,022 shares of SPGI common stock. This reflects a 7,551-share performance-based grant and the 3,849-share tax-withholding disposition executed on February 24, 2026 under the company’s 2019 Stock Incentive Plan.

What is the nature of the 7,551-share acquisition reported by S&P Global (SPGI)?

The 7,551-share acquisition is a grant resulting from achieving a performance goal under a performance share unit award. The shares were credited at $0.00 per share, reflecting equity compensation rather than an open-market purchase by Saugata Saha.

Why were 3,849 S&P Global (SPGI) shares disposed of in this Form 4?

The 3,849 SPGI shares were withheld to satisfy tax obligations related to equity awards, at a price of $418.27 per share. This tax-withholding disposition occurred under the 2019 Stock Incentive Plan and is exempt under Rule 16b-3, rather than being a discretionary market sale.

What are the key terms of Saugata Saha’s 1,990-share SPGI restricted stock unit grant?

The 1,990 restricted stock units were granted March 1, 2024 and vest over three years. Vesting is 33% on December 31, 2024, 33% on December 31, 2025, and 34% on December 31, 2026, with shares delivered by January 31 following each vesting date.

How do the 1,822 S&P Global (SPGI) restricted stock units granted in 2025 vest?

The 1,822 restricted stock units granted March 1, 2025 vest in three tranches: 33% vested on December 31, 2025, while 33% and 34% will vest on December 31, 2026 and December 31, 2027, with delivery by January 31 following each vesting date.
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