S&P Global’s chief legal officer sells $1.02 million in stock

On May 5, 2025, Steven J. Kemps, Executive Vice President and Chief Legal Officer of S&P Global Inc. (NYSE:SPGI), sold 2,000 shares of common stock. The shares were sold at a price of $508.82 each, amounting to a total transaction value of approximately $1.02 million. Following this sale, Kemps retains ownership of 7,249 shares in the company.

In addition to the sale, Kemps holds various restricted stock units (RSUs), which represent a contingent right to receive shares of S&P Global common stock. These RSUs are subject to a three-year vesting period, with specific vesting schedules outlined in previous grants. As of the report, Kemps holds RSUs that will vest in the coming years, further aligning his interests with the company’s long-term performance.

In other recent news, S&P Global has announced a quarterly cash dividend for the second quarter of 2025, declaring a payout of $0.96 per share for shareholders on record as of May 28, 2025. This dividend continues the company’s long-standing tradition of distributing and increasing dividends annually, with the current annualized rate standing at $3.84 per share. In related developments, S&P Global’s HCOB Eurozone Composite PMI Output Index revealed a slight decline to 50.4 in April from 50.9 in March, indicating a slower expansion in the eurozone economy. Spain’s services sector also experienced a slowdown, with the HCOB Spain Services PMI Business Activity Index dropping to 53.4 in April from 54.7 in March, although it remained above the growth threshold. Meanwhile, France’s services sector contracted for the eighth consecutive month, with the HCOB France Services PMI Index falling to 47.3 in April. Germany’s manufacturing sector showed signs of improvement, with the HCOB Germany Manufacturing PMI rising to 48.4 in April, marking the slowest contraction in over two and a half years. These developments reflect ongoing challenges and shifts in various sectors across Europe.

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