Form 4: CME Group Inc. Executive Jonathan L. Marcus Reports Share Transaction
SEC Form 4 Filing
Jonathan L. Marcus, Sr MD General Counsel of CME Group Inc., reports the surrender of 282 shares to cover tax obligations on vested restricted stock.
Summary
- On March 15, 2024, Jonathan L. Marcus, Sr MD General Counsel of CME Group Inc., surrendered 282 shares of Common Stock Class A to the company.
- The shares were surrendered to fulfill tax withholding obligations upon the vesting of restricted stock.
- The price per share was $217.5.
- Following the transaction, Mr. Marcus beneficially owns 4,894 shares of CME Group Inc.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine transaction. It doesn't indicate positive or negative sentiment about the company's performance.
Industry Context
Form 4 filings are standard practice for reporting transactions by company insiders, providing transparency to the market regarding their trading activities.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/15/2024 | Date of the share surrender transaction. |
| 03/19/2024 | Date of the signature on the Form 4 filing. |
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