Form 4: Cboe Global Markets Director, Roderick A. Palmore, Reports Acquisition of Restricted Stock Units

Director Roderick A. Palmore reports acquisition of restricted stock units in Cboe Global Markets, Inc.

Summary

• On May 16, 2024, Roderick A. Palmore, a director of Cboe Global Markets, Inc., acquired 937 shares of common stock through a restricted stock unit award.
• The acquisition was made under the company's Second Amended and Restated Long-Term Incentive Plan and meets the requirements of Rule 16b-3.
• These restricted stock units represent a contingent right to receive one share of Cboe Global Markets, Inc. common stock each, vesting on May 16, 2025, contingent upon continuous service.
• Following the transaction, Palmore beneficially owns 26,471 shares of Cboe Global Markets, Inc. common stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices and aligns director interests with the company's long-term performance.

Positives

• The acquisition of restricted stock units aligns the director's interests with the long-term performance of the company.
• The vesting requirement of continuous service encourages the director's continued commitment to Cboe Global Markets, Inc.

Future Outlook

The restricted stock units will vest on May 16, 2025, contingent upon continuous service.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the holdings of company directors and their alignment with shareholder interests.

Stakeholder Impact

• The acquisition of restricted stock units by a director can positively influence shareholder confidence by aligning management's interests with those of the shareholders.

Key Dates