Form 4: CME Group Inc. Chief Information Officer Reports Stock Transactions
SEC Form 4
Sunil Cutinho, Chief Information Officer of CME Group Inc., reports the acquisition and disposal of company stock to cover tax obligations and through new acquisitions.
Summary
- On September 15, 2024, Sunil Cutinho, the Chief Information Officer of CME Group Inc., surrendered 1,546 shares of Class A Common Stock to fulfill tax withholding obligations at a price of $216.99 per share.
- Following this transaction, Mr. Cutinho directly owned 27,949 shares.
- On September 16, 2024, Mr. Cutinho acquired 3,604 shares of Class A Common Stock at a price of $218.53 per share.
- After this acquisition, Mr. Cutinho directly owned 31,553 shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions, with neutral sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to insider trading and is required by the SEC to ensure transparency in the market.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in ownership by a key executive.
Key Dates
| Date | Description |
|---|---|
| 09/15/2024 | Mr. Cutinho surrendered 1,546 shares to cover tax obligations. |
| 09/16/2024 | Mr. Cutinho acquired 3,604 shares of Class A Common Stock. |
| 09/17/2024 | Date of signature for the Form 4 filing. |
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