Form 4: Cboe Global Markets CEO Fredric Tomczyk Reports Stock Transactions
SEC Form 4 Filing
Cboe Global Markets CEO Fredric Tomczyk reports the vesting of restricted stock units and subsequent sale of shares to cover tax obligations.
Summary
- On October 12, 2024, Fredric J Tomczyk, CEO of Cboe Global Markets, Inc., reported transactions involving Cboe Global Markets common stock.
- Tomczyk vested 14,817 restricted stock units, each representing a contingent right to receive one share of Cboe Global Markets common stock.
- Simultaneously, Tomczyk disposed of 6,392 shares of common stock to cover tax obligations related to the vesting of the restricted stock units.
- The price per share for both the vesting and disposal was $206.
- Following these transactions, Tomczyk directly owns 22,024 shares of Cboe Global Markets common stock and 29,635 restricted stock units.
Sentiment
Score: 5
Explanation: This is a neutral report of stock transactions, with no inherent positive or negative implications for the company's performance.
Industry Context
This filing is a routine disclosure of stock transactions by a company executive, which is common practice for publicly traded companies. It provides transparency to investors regarding insider activity.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding executive compensation and stock ownership.
Key Dates
| Date | Description |
|---|---|
| 10/12/2024 | Date of earliest transaction: vesting of restricted stock units and disposal of shares. |
| 10/12/2024 | Vesting of restricted stock units began. |
| 10/16/2024 | Date of signature on the Form 4 filing. |
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