Form 4: CME Group Inc. Executive Jonathan L. Marcus Reports Share Surrender for Tax Obligations
SEC Form 4 Filing
Jonathan L. Marcus, Sr MD General Counsel of CME Group Inc., surrendered 269 shares of Common Stock Class A on March 15, 2025, to cover tax obligations upon vesting of restricted stock.
Summary
- On March 15, 2025, Jonathan L. Marcus, a Senior Managing Director and General Counsel at CME Group Inc., surrendered 269 shares of Common Stock Class A.
- The shares were surrendered to fulfill tax withholding obligations related to the vesting of restricted stock.
- The transaction occurred at a price of $258.68 per share.
- Following the transaction, Mr. Marcus beneficially owns 7,098 shares of CME Group Inc. Common Stock Class A.
Sentiment
Score: 5
Explanation: This is a neutral event related to tax obligations, with no significant positive or negative implications for the company's performance or outlook.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard tax-related share surrender, which is a common practice.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine tax-related share surrender.
Key Dates
| Date | Description |
|---|---|
| 03/15/2025 | Date of the transaction where Jonathan L. Marcus surrendered shares to cover tax obligations. |
| 03/18/2025 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.