Form 4: S&P Global Director Robert P. Kelly Reports Changes in Beneficial Ownership

Robert P. Kelly, a director of S&P Global Inc., filed a Form 4 disclosing changes in beneficial ownership, including the acquisition of phantom stock units and restricted stock units.

Summary

• On January 6, 2025, Robert P. Kelly, a director of S&P Global Inc., reported changes in his beneficial ownership of the company's securities.
• The report details the acquisition of 750.58 phantom stock units under the S&P Global Director Deferred Stock Ownership Plan, based on the closing price of SPGI common stock on January 2, 2025.
• These phantom stock units will be settled in SPGI common stock when Kelly ceases to be a director.
• The report also mentions the holding of 2,190.1 restricted stock units and 8,732 restricted stock units, which represent a vested right to receive one share of SPGI common stock each.
• The acquisition of restricted stock units is a result of the merger between IHS Markit and S&P Global Inc., where IHS Markit restricted stock units and deferred stock units were converted into equivalent SPGI units based on the exchange ratio.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Future Outlook

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

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company director, which is a common practice in publicly traded companies. It provides transparency to investors regarding the holdings of company insiders.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the holdings of a company director.

Key Dates