Form 4: Cboe Global Markets Director Alexander Matturri JR Reports Stock Award

Director Alexander Matturri JR reports acquisition of 937 shares of Cboe Global Markets, Inc. common stock through a restricted stock unit award.

Summary

• On May 16, 2024, Alexander Matturri JR, a director of Cboe Global Markets, Inc., acquired 937 shares of common stock through a restricted stock unit (RSU) award.
• The RSUs were granted under the company's Second Amended and Restated Long-Term Incentive Plan and meet the requirements of Rule 16b-3.
• Each RSU represents a contingent right to receive one share of Cboe Global Markets, Inc. common stock.
• The RSUs will vest on May 16, 2025, provided that Matturri remains in continuous service through that date.
• Matturri also disposed of 5,532 shares.
• Following the reported transaction, Matturri beneficially owns 5,532 shares of Cboe Global Markets, Inc.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of stock transactions by a company insider. The RSU grant is a positive sign of aligning management interests with shareholders, but it's not a major event.

Positives

• The grant of restricted stock units aligns the director's interests with the long-term performance of the company.
• The vesting requirement encourages continued service and commitment from the director.

Future Outlook

The director's continued service is tied to the vesting of the restricted stock units, suggesting an ongoing commitment to the company.

Industry Context

Form 4 filings are standard disclosures for corporate insiders, providing transparency into their transactions in the company's stock. This filing indicates a director's acquisition of shares through a compensation plan, which is a common practice in publicly traded companies.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider activity.
• The RSU grant aligns the director's interests with those of the shareholders.

Key Dates