[Form 4] S&P Global Inc. Insider Trading Activity

Rhea-AI Filing Summary

Ganesan Girish, Executive Vice President and Chief People Officer of S&P Global Inc. (SPGI), reported transactions on 10/01/2025. The filing shows 181 shares acquired following vesting of restricted stock units and a concurrent sale of 73 shares, both recorded at a transaction price of $481.67. After these transactions, the reporting person is shown as beneficially owning 1,456 shares.

The disclosure explains the source awards: grants from 10/01/2023, 03/01/2023, 03/01/2024, and 03/01/2025 with multi‑year vesting schedules, and notes timing for delivery of vested shares (by January 31 following each vest date). The Form 4 was signed by an attorney‑in‑fact on 10/03/2025.

Positive

• 181 shares added to beneficial ownership via RSU vesting on 10/01/2025
• Vesting schedules for grants (10/01/2023, 03/01/2023, 03/01/2024, 03/01/2025) are documented with delivery timing by January 31 following vest dates

Negative

• Sale of 73 shares reported on 10/01/2025 at $481.67
• Post‑transaction beneficial ownership remains relatively small at 1,456 shares

Insights

Corporate Governance Analyst

Insider reported routine executive compensation vesting with a small concurrent sale.

The Form 4 shows conversion of vested restricted stock units into 181 shares and a sale of 73 shares at $481.67 on 10/01/2025, leaving 1,456 shares beneficially owned. This pattern — partial sale concurrent with vesting — is a common liquidity action for executives to cover taxes or diversify holdings.

The filing includes explicit vesting schedules for prior grants (grants dated 10/01/2023, 03/01/2023, 03/01/2024, and 03/01/2025), indicating remaining future vesting dates and delivery timing. No material event beyond standard compensation activity is disclosed.

Compensation & HR Specialist

Multiple RSU grants are on staggered vesting schedules; vested shares were delivered per plan.

The explanation details that RSUs typically vest over three years with specific 33%/33%/34% tranches and that vested shares are delivered by the following January 31. The reported 181 shares reflect the vested portion of an earlier grant; other tranches remain scheduled to vest on stated future dates.

This confirms the company is executing standard equity‑based compensation awards for the reporting officer with defined delivery timing.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

1. Name and Address of Reporting Person^*

Ganesan Girish

(Last) (First) (Middle)

55 WATER STREET

(Street)

NEW YORK NY 10041

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
S&P Global Inc. [ SPGI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Chief People Officer

3. Date of Earliest Transaction (Month/Day/Year)
10/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	10/01/2025		M		181	A	$481.67	1,456	D
Common Stock	10/01/2025		F		73	D	$481.67	1,383	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units(1)	$0	10/01/2025		M			181	(2)	(2)	Common Stock	181	$0	186	D
Restricted Stock Units(1)	$0							(3)	(3)	Common Stock	98		98	D
Restricted Stock Units(1)	$0							(4)	(4)	Common Stock	152		152	D
Restricted Stock Units(1)	$0							(5)	(5)	Common Stock	448		448	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one share of SPGI common stock.

2. As previously reported, the reporting person was granted 547 restricted stock units on 10/01/2023, subject to 3-year vesting. The restricted stock units vested 33% on 10/01/2024 and 33% on 10/01/2025 and the remaining 34% will vest on 10/01/2026.

3. As previously reported, the reporting person was granted 288 restricted stock units on 03/01/2023, subject to 3-year vesting. The restricted stock units vested 33% on 12/31/2023 and 33% on 12/31/2024 and the remaining 34% will vest on 12/31/2025. Vested shares will be delivered to the reporting person no later than January 31 following the respective vesting date.

4. As previously reported, the reporting person was granted 226 restricted stock units on 03/01/2024, subject to 3-year vesting. The restricted stock units vested 33% on 12/31/2024 and will vest 33% on 12/31/2025 and 34% on 12/31/2026. Vested shares will be delivered to the reporting person no later than January 31 following the respective vesting date.

5. As previously reported, the reporting person was granted 448 restricted stock units on 03/01/2025, subject to 3-year vesting. The restricted stock units will vest 33% on 12/31/2025, 33% on 12/31/2026 and 34% on 12/31/2027. Vested shares will be delivered to the reporting person no later than January 31 following the respective vesting date.

Remarks:

	/s/ Tasha Matharu, Attorney-in-Fact	10/03/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What did SPGI insider Ganesan Girish report on Form 4?

The filing reports acquisition of 181 shares from RSU vesting and a sale of 73 shares, both dated 10/01/2025, at a recorded price of $481.67.

How many SPGI shares does Ganesan Girish beneficially own after the transactions?

After the reported transactions, the Form 4 lists 1,456 shares beneficially owned.

What awards produced the vested shares reported on the Form 4?

The filing references RSU grants dated 10/01/2023, 03/01/2023, 03/01/2024, and 03/01/2025 with typical three‑year vesting (33%/33%/34%).

When will remaining restricted stock units vest or be delivered?

Remaining tranches are scheduled to vest on the dates noted in the filing (e.g., 12/31/2025, 10/01/2026, etc.) and vested shares will be delivered no later than the following January 31 as disclosed.

Who signed the Form 4 and when?

The Form 4 was signed by an attorney‑in‑fact, Tasha Matharu, on 10/03/2025.