Form 4: CME Group Executive Jack J. Tobin Reports Share Transactions
SEC Form 4 Filing
Jack J. Tobin, MD Chief Accounting Officer of CME Group Inc., reports acquisition and disposal of company stock related to a performance share award.
Summary
- On March 15, 2025, Jack J. Tobin, MD Chief Accounting Officer of CME Group Inc., reported transactions involving CME Group Class A Common Stock.
- Tobin acquired 308 shares at a price of $258.68 per share related to a performance share award (PSA) granted in September 2021.
- These shares were earned based on the company's total shareholder return relative to the S&P 500 over the period of 2022-2024.
- Tobin also disposed of 91 shares at $258.68 per share to cover tax withholding obligations related to the performance share award.
- Following these transactions, Tobin directly owns 23,739 shares of CME Group Class A Common Stock.
Sentiment
Score: 6
Explanation: Neutral sentiment as it reflects routine transactions related to executive compensation and tax obligations.
Positives
- The vesting of performance share awards indicates that the company met certain performance criteria related to shareholder return.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they reflect changes in executive stock ownership.
Key Dates
| Date | Description |
|---|---|
| September 2021 | Date of the performance share award grant. |
| 2022-2024 | Measurement period for total shareholder return relative to the S&P 500. |
| 03/15/2025 | Date of the reported transactions (acquisition and disposal of shares). |
| 03/18/2025 | Date of the signature on the Form 4 filing. |
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