Form 4: CME Group Executive's Routine Stock Transactions
Insider Transaction Report
CME Group Senior Managing Director Timothy McCourt reported stock acquisitions and dispositions related to restricted stock vesting and tax obligations.
Summary
- Timothy Francis McCourt, Senior Managing Director, Global Head Equity & FX at CME Group Inc., reported changes in his beneficial ownership of Class A Common Stock.
- On September 15, 2025, McCourt acquired 2,752 shares of Class A Common Stock at a price of $258.83 per share.
- Also on September 15, 2025, McCourt disposed of 754 shares of Class A Common Stock at $258.83 per share to satisfy tax withholding obligations upon the vesting of restricted stock.
- On September 16, 2025, McCourt disposed of an additional 379 shares of Class A Common Stock at $259.83 per share, also for tax withholding obligations related to restricted stock vesting.
- Following these transactions, McCourt's direct beneficial ownership of Class A Common Stock increased from 7,889 shares to 9,508 shares, representing a net increase of 1,619 shares.
Sentiment
Score: 6
Explanation: The executive's beneficial ownership increased by 1,619 shares after accounting for both the acquisition and tax-related dispositions, indicating continued investment in the company, which is a slightly positive signal.
Positives
- Timothy McCourt acquired 2,752 shares of CME Group Inc. Class A Common Stock on September 15, 2025, demonstrating continued equity participation by a senior executive.
- Overall beneficial ownership increased by 1,619 shares (from 7,889 to 9,508 shares) after all reported transactions, indicating a net increase in the executive's investment in the company.
Negatives
- A total of 1,133 shares of Class A Common Stock were disposed of (754 shares on September 15, 2025, and 379 shares on September 16, 2025) to cover tax withholding obligations, reducing the executive's direct shareholding from what it would have been without these dispositions.
Stakeholder Impact
- Shareholders: Minimal impact as these are routine insider transactions related to executive compensation and do not signal a significant change in company strategy or performance.
Key Dates
| Date | Description |
|---|---|
| 09/15/2025 | Date of restricted stock vesting, acquisition of 2,752 shares, and disposition of 754 shares for tax withholding. |
| 09/16/2025 | Date of disposition of 379 shares for tax withholding. |
| 09/17/2025 | Date the Form 4 was signed by Margaret Austin Wright for Timothy Francis McCourt. |
Recommendation
holdThe filing details routine insider transactions related to restricted stock vesting and tax withholding. While there was a net increase in the executive's beneficial ownership, these transactions are part of standard compensation practices and do not typically signal a change in the company's fundamental outlook or warrant a strong investment recommendation based solely on this filing.
Keywords
CME Group, CME, Form 4, Insider Transaction, Stock Transaction, Equity, Executive Compensation, Restricted Stock, Tax Withholding, Timothy McCourt
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