Cboe Global Markets Reports Officer/Director Changes, Comp Arrangements

TL;DR

**Cboe Global Markets just reported executive changes and new pay deals, watch for strategic shifts.**

AI Summary

Cboe Global Markets, Inc. filed an 8-K on February 9, 2024, reporting an event that occurred on February 5, 2024. The filing indicates changes related to the departure or election of directors or certain officers, as well as compensatory arrangements for certain officers. This matters to investors because changes in leadership and executive compensation can signal shifts in company strategy, financial health, or governance, potentially impacting future stock performance.

Why It Matters

Changes in executive leadership and compensation can influence a company's strategic direction and financial stability, directly affecting investor confidence and stock valuation.

Risk Assessment

Risk Level: low — This filing is primarily administrative, reporting standard corporate governance events without indicating immediate financial distress or major operational risks.

Analyst Insight

A smart investor would monitor Cboe Global Markets' subsequent filings and press releases for specific names and details regarding the executive changes and compensation, as these could influence future company performance and strategy.

Key Players & Entities

• Cboe Global Markets, Inc. (company) — the registrant filing the 8-K
• February 5, 2024 (date) — date of the earliest event reported
• February 9, 2024 (date) — date the 8-K was filed

Forward-Looking Statements

• Cboe Global Markets will provide more details on the specific officers or directors affected and their compensatory arrangements in future filings or press releases. (Cboe Global Markets, Inc.) — medium confidence, target: 2024-03-31

FAQ

From the Filing

0001104659-24-012659.txt : 20240209 0001104659-24-012659.hdr.sgml : 20240209 20240209091511 ACCESSION NUMBER: 0001104659-24-012659 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 14 CONFORMED PERIOD OF REPORT: 20240205 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240209 DATE AS OF CHANGE: 20240209 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Cboe Global Markets, Inc. CENTRAL INDEX KEY: 0001374310 STANDARD INDUSTRIAL CLASSIFICATION: SECURITY & COMMODITY BROKERS, DEALERS, EXCHANGES & SERVICES [6200] ORGANIZATION NAME: 02 Finance IRS NUMBER: 205446972 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-34774 FILM NUMBER: 24611726 BUSINESS ADDRESS: STREET 1: 433 WEST VAN BUREN STREET CITY: CHICAGO STATE: IL ZIP: 60607 BUSINESS PHONE: 312 786 7200 MAIL ADDRESS: STREET 1: 433 WEST VAN BUREN STREET CITY: CHICAGO STATE: IL ZIP: 60607 FORMER COMPANY: FORMER CONFORMED NAME: CBOE Holdings, Inc. DATE OF NAME CHANGE: 20060831 8-K 1 tm245567d1_8k.htm FORM 8-K false 0001374310 0001374310 2024-02-05 2024-02-05 iso4217:USD xbrli:shares iso4217:USD xbrli:shares       UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549       Form  8-K       CURRENT REPORT   Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934   Date of Report (Date of earliest event reported): February 5, 2024       Cboe Global Markets, Inc. (Exact name of registrant as specified in its charter)     Delaware (State or other jurisdiction of incorporation)   001-34774 20-5446972 (Commission File Number) (IRS Employer Identification No.)   433 West Van Buren Street Chicago , Illinois 60607 (Address and Zip Code of Principal Executive Offices)   Registrant's telephone number, including area code ( 312 ) 786-5600   Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ¨  Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ¨  Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ¨  Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ¨  Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))   Securities registered pursuant to Section 12(b) of the Act:   Title of each class:   Trading Symbol   Name of each exchange on which registered: Common Stock, par value of $0.01 per share   CBOE   CboeBZX   Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).   Emerging growth company ¨   If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.   ¨             Item 5.02   Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.   Departure of Director   On February 5, 2024, Joseph P. Ratterman notified Cboe Global Markets, Inc. (the “Company”) that he resigne