Form 4: Cboe Director Parisi Receives Stock Award

Cboe Global Markets, Inc. reports that Director James E. Parisi was granted restricted stock units under the company's Long-Term Incentive Plan.

Summary

• James E. Parisi, a Director at Cboe Global Markets, Inc., was granted 530 restricted stock units (RSUs) on May 14, 2026.
• These RSUs are part of the Company's Third Amended and Restated Long-Term Incentive Plan.
• The RSUs will vest on May 14, 2027, contingent upon Mr. Parisi's continuous service through that date.
• Following this award, Mr. Parisi beneficially owns 9,969 shares of Cboe Global Markets, Inc. common stock directly.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a standard stock award grant to a director, which is typical compensation and not indicative of significant company performance changes.

Positives

• Director James E. Parisi received a stock award, indicating continued investment and alignment with the company's long-term success.
• The award is structured under a long-term incentive plan, designed to retain key personnel and align their interests with shareholders.

Risks

• The vesting of the RSUs is contingent on continuous service, meaning Mr. Parisi could forfeit the award if he leaves the company before May 14, 2027.

Future Outlook

The restricted stock units granted to James E. Parisi will vest on May 14, 2027, provided he remains in continuous service with the company.

Industry Context

StockSavvy.ai notes that the granting of restricted stock units to directors is a common practice in the financial services and exchange industry to incentivize long-term performance and retention.

Stakeholder Impact

• Shareholders: The award aligns director incentives with long-term company performance, potentially benefiting shareholders if the company's value increases.
• Employees: The use of long-term incentive plans can contribute to a culture of retention and performance across the organization.

Next Steps

• James E. Parisi will continue his service through May 14, 2027, to ensure the vesting of his restricted stock units.

Key Dates

Keywords

Cboe Global Markets, CBOE, Form 4, Insider Trading, Stock Award, Restricted Stock Units, Long-Term Incentive Plan, Director Compensation, Beneficial Ownership