Form 4: Cboe Global Markets Executive Stephanie Foley Reports Stock Transactions

Stephanie Foley, EVP and CHRO of Cboe Global Markets, reports the vesting and subsequent sale of restricted stock units, along with the acquisition of additional units.

Summary

• Stephanie Foley, an executive at Cboe Global Markets, reported transactions involving Cboe Global Markets common stock on February 19, 2025.
• These transactions included the vesting of restricted stock units (RSUs) and the subsequent sale of shares to cover tax obligations.
• Foley acquired 43, 610, and 446 shares of common stock through the vesting of RSUs at a price of $210.25.
• Simultaneously, Foley disposed of 17, 235, and 190 shares to satisfy tax withholding requirements at the same price.
• Foley also acquired 1,784 restricted stock units that vest in three equal annual installments beginning on February 19, 2026.
• Following these transactions, Foley directly owns 1,478 shares of Cboe Global Markets common stock and 1,784 restricted stock units.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine filing related to stock transactions by an executive. The acquisition of new RSUs is a slightly positive signal.

Positives

• The acquisition of 1,784 restricted stock units indicates continued alignment of the executive's interests with the company's long-term performance.

Future Outlook

The executive's holdings of restricted stock units that vest in the future suggest an ongoing commitment to the company's performance.

Industry Context

Form 4 filings are a routine part of regulatory compliance for publicly traded companies, providing transparency into the trading activities of company insiders. These filings are closely watched by investors seeking insights into management's perspective on the company's stock.

Comparison to Industry Standards

• Executive compensation packages often include restricted stock units as a way to align management's interests with those of shareholders.
• The vesting schedules and terms of these RSUs are generally comparable to those offered by other companies in the financial services industry.
• Companies like Intercontinental Exchange (ICE) and Nasdaq, Inc. also utilize RSUs as part of their executive compensation plans.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they are part of the executive's compensation and do not represent a significant change in company operations.

Key Dates