Form 4: S&P Global Director Ian Paul Livingston Reports Acquisition of Phantom Stock Units

Director Ian Paul Livingston reports acquiring phantom stock units in S&P Global Inc. through the Director Deferred Stock Ownership Plan.

Summary

• Ian Paul Livingston, a director of S&P Global Inc., reported the acquisition of phantom stock units.
• The transaction occurred on January 2, 2025.
• Livingston acquired 732.09 phantom stock units under the S&P Global Director Deferred Stock Ownership Plan.
• These units are based on the closing price of SPGI common stock on the transaction date.
• The phantom stock units will be settled 100% in SPGI common stock when Livingston ceases to be a director.
• Following the transaction, Livingston directly owns 2,145.44 derivative securities.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, and neither positive nor negative sentiment is warranted.

Positives

• The acquisition of phantom stock units aligns the director's interests with the long-term performance of S&P Global.
• The Director Deferred Stock Ownership Plan provides a mechanism for directors to accumulate company stock.

Future Outlook

The phantom stock units will be settled 100% in SPGI common stock at such time as the reporting person ceases to be a director.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding director compensation and ownership.

Key Dates