Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-07-02

Cboe Global Markets (CBOE)

Fiscal year 2025 executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

$18,347,037
Craig Donohue total, FY2025
67th
CEO pay percentile vs peers
102:1
CEO-to-median pay ratio
92.36%
Say-on-pay support, latest vote
Companies that benchmark against CBOE
6 companies name CBOE as a compensation peer

Each company listed discloses CBOE in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named CBOE in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Craig Donohue$846,970$0$14,742,574$0$2,553,699$0$203,795$18,347,037
Chief Executive Officer and President
Fredric Tomczyk500,00009,350,02801,513,7050302,45111,666,184
Former Chief Executive Officer
David Howson366,95105,499,75000155,8426,022,543
Former Executive Vice President, Global President
Christopher Isaacson650,00002,661,14701,803,7500170,1005,284,997
Executive Vice President, Chief Operating Officer
Jill Griebenow500,00002,645,95201,202,5000116,7824,465,234
Executive Vice President, Chief Financial Officer
Catherine Clay395,83302,537,68300106,8723,040,388
Former Executive Vice President, Head of Global Derivatives
Patrick Sexton450,00001,398,7470999,000082,9222,930,669
Executive Vice President, General Counsel and Corporate Secretary
Timothy Lipscomb456,5830794,3260823,967095,3142,170,190
Executive Vice President, Chief Technology Officer

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Craig Donohue$18,347,037
Fredric Tomczyk11,666,184
David Howson6,022,5436,506,6694,956,256−484,126
Christopher Isaacson5,284,9974,074,256
Jill Griebenow4,465,234
Catherine Clay3,040,3882,334,6422,411,259+705,746
Patrick Sexton2,930,6692,593,9722,175,303+336,697
Timothy Lipscomb2,170,190

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Janet P. FroetscherDirector2026-05-14A530$0$0CommonForm 4 ↗
Ivan K. FongDirector2026-05-14A53000CommonForm 4 ↗
Jill R. GoodmanDirector2026-05-14A53000CommonForm 4 ↗
James E. ParisiDirector2026-05-14A53000CommonForm 4 ↗
Fredric J. TomczykDirector2026-05-14A53000CommonForm 4 ↗
Roderick A. PalmoreDirector2026-05-14A53000CommonForm 4 ↗
Cecilia H. MaoDirector2026-05-14A53000CommonForm 4 ↗
Erin A. MansfieldDirector2026-05-14A53000CommonForm 4 ↗
Jennifer J. McPeekDirector2026-05-14A53000CommonForm 4 ↗
William M. Farrow IIIDirector2026-05-14A53000CommonForm 4 ↗
Edward J. FitzpatrickDirector2026-05-14A53000CommonForm 4 ↗
Janet P. FroetscherDirector2026-05-18D1,223358437,944CommonForm 4 ↗
Dividend-equivalent accruals2026-05-191661 insider, 1 accrual row
Fredric J. TomczykDirector2026-07-01D33724883,482CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

View all 14 transactions
InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Janet P. FroetscherDirector2026-05-14A530$0$0CommonForm 4 ↗
Ivan K. FongDirector2026-05-14A53000CommonForm 4 ↗
Jill R. GoodmanDirector2026-05-14A53000CommonForm 4 ↗
James E. ParisiDirector2026-05-14A53000CommonForm 4 ↗
Fredric J. TomczykDirector2026-05-14A53000CommonForm 4 ↗
Roderick A. PalmoreDirector2026-05-14A53000CommonForm 4 ↗
Cecilia H. MaoDirector2026-05-14A53000CommonForm 4 ↗
Erin A. MansfieldDirector2026-05-14A53000CommonForm 4 ↗
Jennifer J. McPeekDirector2026-05-14A53000CommonForm 4 ↗
William M. Farrow IIIDirector2026-05-14A53000CommonForm 4 ↗
Edward J. FitzpatrickDirector2026-05-14A53000CommonForm 4 ↗
Janet P. FroetscherDirector2026-05-18D1,223358437,944CommonForm 4 ↗
Allen WilkinsonSVP, CHIEF ACCOUNTING OFFICER2026-05-19A16600Derivative, Class A CommonForm 4 ↗
Fredric J. TomczykDirector2026-07-01D33724883,482CommonForm 4 ↗
03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Timothy LipscombRSU2025-02-191,249$262,602
Craig DonohueRSU2025-05-0712,8081,569,159
Craig DonohueRSU2025-05-0714,0483,290,463
Fredric TomczykRSU2025-02-1944,4719,350,028
Patrick SextonPRSU1,398,747
Timothy LipscombRSU2025-02-191,250187,263
Timothy LipscombRSU2025-07-1537645,526
Craig DonohueRSU2025-05-0714,0481,721,077
Craig DonohueRSU2025-05-0712,8082,461,762
Craig DonohueRSU2025-05-0712,8083,000,018
Jill GriebenowRSU2025-02-195,590633,427
Timothy LipscombRSU2025-07-1537669,327
Timothy LipscombRSU2025-02-191,250141,643
Jill GriebenowRSU2025-02-195,5891,175,087
Christopher IsaacsonPRSU2,661,147
Craig DonohueRSU2025-05-0714,0482,700,096
Jill GriebenowRSU2025-02-195,590837,438
Timothy LipscombRSU2025-07-1537687,965
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Timothy Lipscomb$794,326$0$00.0%
Craig Donohue14,742,575000.0%
Fredric Tomczyk9,350,028000.0%
Jill Griebenow2,645,952000.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Catherine ClayPSU37,926$9,519,426
Jill GriebenowRSU432108,432
Jill GriebenowRSU1,345337,595
Patrick SextonRSU25163,001
David HowsonPSU30,3437,616,093
Timothy LipscombRSU37694,376
Patrick SextonRSU2,640662,640
Jill GriebenowRSU2,022507,522
Patrick SextonRSU25263,252
Craig DonohuePSU1,184297,184
Patrick SextonRSU670168,170
Timothy LipscombRSU53,72413,484,724
Jill GriebenowRSU670168,170
Fredric TomczykRSU14,8183,719,318
Craig DonohueRSU14,0483,526,048
Jill GriebenowRSU5,5891,402,839
Christopher IsaacsonRSU3,348840,348
Jill GriebenowRSU3,304829,304
Christopher IsaacsonRSU2,488624,488
Patrick SextonRSU1,804452,804
Timothy LipscombRSU796199,796
Jill GriebenowRSU653163,903
Craig DonohueRSU12,8083,214,808
Jill GriebenowRSU5,5901,403,090
Fredric TomczykRSU32,8968,256,896
Christopher IsaacsonRSU7,7561,946,756
Christopher IsaacsonRSU5,0221,260,522
Christopher IsaacsonRSU4,4591,119,209
Christopher IsaacsonRSU4,4601,119,460
Jill GriebenowRSU4,9561,243,956
Catherine ClayRSU2,503628,253
Patrick SextonRSU3,042763,542
Patrick SextonRSU2,706679,206
Patrick SextonRSU1,821457,071
Christopher IsaacsonRSU940235,940
Christopher IsaacsonRSU1,340336,340
Timothy LipscombRSU1,250313,750
Timothy LipscombRSU1,249313,499
Timothy LipscombRSU1,090273,590
Catherine ClayRSU23959,989
Patrick SextonRSU976244,976
Catherine ClayRSU863216,613
05

Incentive-plan design — the Compensation Discussion & Analysis

Our executive compensation program is designed to attract and retain talented and dedicated executives who are instrumental in our achievement of key strategic business objectives. To meet these objectives, the Compensation and Human Capital Committee designed and implemented a program that links a substantial portion of executive compensation to the achievement of pre-set corporate and individual performance goals.

CEO STI target (% of salary)150%
CEO LTI target (% of salary)
Independent consultantMeridian
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-1478,374,6386,486,027627,00792.36%Passed
20252025-05-0676,990,3844,832,201560,33394.09%Passed
20242024-05-1665,969,46712,171,768348,65884.42%Passed
20232023-05-1175,502,9845,267,413407,81693.48%Passed
20222022-05-1276,049,8804,802,177367,25294.06%Passed
20212021-05-1373,306,2846,580,660900,08991.76%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-05-1492.36%a
20252025-05-0694.09%b
20242024-05-1684.42%c

a. Voting standard not stated in the filing.

b. Approved under the standard stated in the filing — “Abstentions and broker non-votes will not be considered a vote cast either for or against any of the matters being presented in this proxy statement and will not impact the voting results.”.

c. Voting standard not stated in the filing.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)102 : 1
CEO total compensation
Median employee compensation
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
William M. Farrow, IIIIndependent · Board Chair · Audit · Executive · Finance and Strategy · Nominating and Governance$283,126$170,090$0$0$10,000$463,216
William M. Farrow IIIIndependent · Board Chair · Audit · Executive · Finance and Strategy · Nominating and Governance283,126170,090010,000463,216
James E. ParisiIndependent · Audit (Chair) · Compensation and Human Capital · Executive165,000170,090020,000355,090
Alexander J. Matturri, JrIndependent · Audit · Executive · Finance and Strategy (Chair) · Not standing for re-election163,313170,09000333,403
Alexander J. Matturri JrIndependent · Audit · Executive · Finance and Strategy (Chair) · Not standing for re-election163,313170,0900333,403
Roderick A. PalmoreIndependent · Compensation and Human Capital · Nominating and Governance · Executive · Finance and Strategy150,500170,09005,000325,590
Janet P. FroetscherIndependent · Compensation and Human Capital (Chair) · Risk · Executive138,266170,090015,000323,356
Erin A. MansfieldIndependent · Risk (Chair) · Audit · Nominating and Governance · Executive133,335170,090010,000313,425
Edward J. FitzpatrickIndependent · Finance and Strategy · Nominating and Governance · Risk126,313170,090010,000306,403
Ivan K. FongIndependent · Risk118,500170,090015,000303,590
Jill R. GoodmanIndependent · Compensation and Human Capital · Audit · Executive · Finance and Strategy · Nominating and Governance130,500170,0900300,590
Cecilia H. MaoIndependent · Compensation and Human Capital · Finance and Strategy118,500170,090010,000298,590
Jennifer J. McPeekIndependent · Nominating and Governance (Chair) · Finance and Strategy · Audit114,000170,0900284,090
Fredric J. TomczykEmployee director · Executive · Departed during FY00000
Craig S. DonohueEmployee director · Executive · Newly elected00000
09

Board fee structure and ownership guideline

Annual cash retainer$90,000
Annual equity retainer$170,000
Per board meeting fee$1,500
Committee chair fees (audit / comp / nom-gov)
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$2,087,792
Equity awards (grant-date value)$2,211,170
All other compensation$105,000
Total cost of the board$4,403,962

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

10a

Peer reciprocity

Of the companies Cboe Global Markets names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Cboe Global Markets.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
1MSCI Inc.2025Henry A. Fernandez$1,000,000$4,380,024$25,220,304$1,346,950$33,320,590
2Nasdaq, Inc.2025Adena Friedman1,359,61617,491,32106,086,50925,014,550
3Equifax Inc.2025Mark Begor1,500,00014,993,1103,420,1302,737,63423,420,134
4CME Group Inc.2025Terrence Duffy2,000,00013,319,86007,128,83123,394,854
5Intercontinental Exchange, Inc.2025Jeffrey Sprecher1,395,83316,666,55304,050,00022,133,386
6Stifel Financial Corp.2025Ronald Kruszewski200,0008,880,0000018,908,297
7Cboe Global Markets2025Craig Donohue846,97014,742,57402,553,69918,347,037
8Broadridge Financial Solutions, Inc.2025Timothy Gokey1,076,6676,459,2156,953,4851,552,70517,188,658
9TransUnion2025Christopher Cartwright1,058,25012,665,1492,852,44716,731,398
10Virtu Financial, Inc.2025Aaron Simons850,0006,246,62501,065,25016,727,125
11Akamai Technologies, Inc.2025Tom Leighton115,954,1710015,954,172
12LPL Financial Holdings Inc.2025Richard Steinmeier900,00010,045,54203,591,00014,574,496
13Verisk Analytics, Inc.2025Lee Shavel1,000,0008,800,0862,199,8811,500,00013,540,847
14SEI Investments Company2025Ryan Hicke850,0002,150,0326,599,9422,200,00011,819,204
15Fortinet, Inc.2025Ken Xie597,00010,155,1020705,93711,458,039
16FactSet Research Systems Inc.2025F. Philip Snow775,0003,750,1623,750,0931,171,3769,460,930
17MarketAxess Holdings Inc.2025Christopher Concannon750,0003,599,8811,208,6461,525,0007,101,027
18Jack Henry & Associates, Inc.2025Gregory Adelson750,0005,306,7490938,9067,016,992
19Euronet Worldwide, Inc.2025Michael Brown925,000001,850,0002,786,575
Deutsche Borse AGnot in coverage universe
London Stock Exchange Group plcnot in coverage universe

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Cboe Global Marketsnot disclosedRSU 50 · PSU 50YesMeridian
Akamai Technologies, Inc.151.3%RSU 80 · PSU 20Yes — Relative TSR PerformanceCompensia
Broadridge Financial Solutions, Inc.96%Options 50 · PSU 50NoFW Cook
CME Group Inc.not disclosedPSU 50 · RSU 50Yes — TSR relative to the S&P 500Meridian Compensation Partners, LLC
Deutsche Borse AGnot disclosednot disclosednot disclosednot disclosed
Equifax Inc.152.1%PSU 60 · Options 20 · RSU 20Yes — Relative TSRFrederic W. Cook & Co., Inc.
Euronet Worldwide, Inc.200%PSU 100NoFW Cook
FactSet Research Systems Inc.101%Options 50 · PSU 50NoMeridian Compensation Partners
Fortinet, Inc.103%RSU 50 · PSU 50YesCompensia, Inc.
Intercontinental Exchange, Inc.108%PSU 70 · RSU 30Yes — Company 3-Year TSR relative to S&P 500 3-Year TSRCompensation Advisory Partners (CAP)
Jack Henry & Associates, Inc.not disclosedPSU 60 · RSU 40NoMeridian Compensation Partners, LLC
London Stock Exchange Group plcnot disclosednot disclosednot disclosednot disclosed
LPL Financial Holdings Inc.133%PSU 70 · RSU 30Yes — TSR relative to Comparator GroupCompensation Consultant
MarketAxess Holdings Inc.86%PSU 50 · RSU 25 · Options 25NoFW Cook
MSCI Inc.96.21%PSO 70 · PSU 30Yes — Absolute TSR CAGRSemler Brossy
Nasdaq, Inc.not disclosednot disclosednot disclosednot disclosed
SEI Investments Company110%not disclosednot disclosedSemler Brossy Consulting Group, LLC
Stifel Financial Corp.not disclosednot disclosedNoCompensation Advisory Partners LLC
TransUnion154.0%RSU 50 · PSU 50Yes — Relative TSRFW Cook
Verisk Analytics, Inc.100%PSU 60 · RSU 20 · Options 20Yes — Relative TSR versus S&P 500 Index constituentsFW Cook
Virtu Financial, Inc.200%RSU 100Nonot disclosed

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 01, Craig DonohueDEF 14A2026-04-020001628280-26-022939Section “2025 Summary Compensation Table” · page 61. As printed: 18,347,037. Filing ↗machine: r2 · c14 · span 1788944–1788954
2Section 01, Fredric TomczykDEF 14A2026-04-020001628280-26-022939Section “2025 Summary Compensation Table” · page 61. As printed: 11,666,184. Filing ↗machine: r17 · c14 · span 1855553–1855563
3Section 01, David HowsonDEF 14A2026-04-020001628280-26-022939Section “2025 Summary Compensation Table” · page 61. As printed: 6,022,543. Filing ↗machine: r20 · c14 · span 1871924–1871933
4Section 01, Christopher IsaacsonDEF 14A2026-04-020001628280-26-022939Section “2025 Summary Compensation Table” · page 61. As printed: 5,284,997. Filing ↗machine: r8 · c14 · span 1813919–1813928
5Section 01, Jill GriebenowDEF 14A2026-04-020001628280-26-022939Section “2025 Summary Compensation Table” · page 61. As printed: 4,465,234. Filing ↗machine: r5 · c14 · span 1797177–1797186
6Section 01, Catherine ClayDEF 14A2026-04-020001628280-26-022939Section “2025 Summary Compensation Table” · page 61. As printed: 3,040,388. Filing ↗machine: r23 · c14 · span 1888238–1888247
7Section 01, Patrick SextonDEF 14A2026-04-020001628280-26-022939Section “2025 Summary Compensation Table” · page 61. As printed: 2,930,669. Filing ↗machine: r11 · c14 · span 1830267–1830276
8Section 01, Timothy LipscombDEF 14A2026-04-020001628280-26-022939Section “2025 Summary Compensation Table” · page 61. As printed: 2,170,190. Filing ↗machine: r14 · c14 · span 1847242–1847251
9Section 03, Timothy Lipscomb RSUDEF 14A2026-04-020001628280-26-022939Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t123 · r34 · c18 · span 2195495–2195502
10Section 03, Craig Donohue RSUDEF 14A2026-04-020001628280-26-022939Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t123 · r7 · c18 · span 2021766–2021775
11Section 03, Craig Donohue RSUDEF 14A2026-04-020001628280-26-022939Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t123 · r9 · c18 · span 2034987–2034996
12Section 03, Fredric Tomczyk RSUDEF 14A2026-04-020001628280-26-022939Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t123 · r37 · c18 · span 2215092–2215101
13Section 03, Patrick Sexton PRSUDEF 14A2026-04-020001628280-26-022939Section “Summary Compensation Table” · grants of plan-based awards table. Filing ↗machine: t118 · r11 · c8 · span 1827919–1827928
14Section 03, Timothy Lipscomb RSUDEF 14A2026-04-020001628280-26-022939Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t123 · r31 · c18 · span 2177347–2177354
15Section 03, Timothy Lipscomb RSUDEF 14A2026-04-020001628280-26-022939Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t123 · r32 · c18 · span 2183364–2183370
16Section 03, Craig Donohue RSUDEF 14A2026-04-020001628280-26-022939Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t123 · r5 · c18 · span 2009242–2009251
17Section 03, Craig Donohue RSUDEF 14A2026-04-020001628280-26-022939Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t123 · r8 · c18 · span 2028028–2028037
18Section 03, Craig Donohue RSUDEF 14A2026-04-020001628280-26-022939Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t123 · r10 · c18 · span 2041946–2041955
19Section 03, Jill Griebenow RSUDEF 14A2026-04-020001628280-26-022939Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t123 · r12 · c18 · span 2055395–2055402
20Section 03, Timothy Lipscomb RSUDEF 14A2026-04-020001628280-26-022939Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t123 · r33 · c18 · span 2189380–2189386
21Section 03, Timothy Lipscomb RSUDEF 14A2026-04-020001628280-26-022939Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t123 · r30 · c18 · span 2171389–2171396
22Section 03, Jill Griebenow RSUDEF 14A2026-04-020001628280-26-022939Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t123 · r14 · c18 · span 2068272–2068281
23Section 03, Christopher Isaacson PRSUDEF 14A2026-04-020001628280-26-022939Section “Summary Compensation Table” · grants of plan-based awards table. Filing ↗machine: t118 · r8 · c8 · span 1811709–1811718
24Section 03, Craig Donohue RSUDEF 14A2026-04-020001628280-26-022939Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t123 · r6 · c18 · span 2015504–2015513
25Section 03, Jill Griebenow RSUDEF 14A2026-04-020001628280-26-022939Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t123 · r13 · c18 · span 2061832–2061839
26Section 03, Timothy Lipscomb RSUDEF 14A2026-04-020001628280-26-022939Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t123 · r35 · c18 · span 2201872–2201878
27Section 07, pay ratioDEF 14A2026-04-020001628280-26-022939Section “CEO Pay Ratio”. As printed: 102 : 1. Filing ↗machine: span 2827474–2827477
28Section 08, William M. Farrow, IIIDEF 14A2026-04-020001628280-26-022939Section “Director Compensation”. As printed: 463,216. Filing ↗machine: t49 · r2 · c8 · span 743252–743259
29Section 08, William M. Farrow IIIDEF 14A2026-04-020001628280-26-022939Section “Director Compensation”. As printed: 463,216. Filing ↗machine: t49 · r2 · c8 · span 743252–743259
30Section 08, James E. ParisiDEF 14A2026-04-020001628280-26-022939Section “Director Compensation”. As printed: 355,090. Filing ↗machine: t49 · r12 · c8 · span 778880–778887
31Section 08, Alexander J. Matturri, JrDEF 14A2026-04-020001628280-26-022939Section “Director Compensation”. As printed: 333,403. Filing ↗machine: t49 · r9 · c8 · span 768183–768190
32Section 08, Alexander J. Matturri JrDEF 14A2026-04-020001628280-26-022939Section “Director Compensation”. As printed: 333,403. Filing ↗machine: t49 · r9 · c8 · span 768183–768190
33Section 08, Roderick A. PalmoreDEF 14A2026-04-020001628280-26-022939Section “Director Compensation”. As printed: 325,590. Filing ↗machine: t49 · r11 · c8 · span 775329–775336
34Section 08, Janet P. FroetscherDEF 14A2026-04-020001628280-26-022939Section “Director Compensation”. As printed: 323,356. Filing ↗machine: t49 · r5 · c8 · span 753920–753927
35Section 08, Erin A. MansfieldDEF 14A2026-04-020001628280-26-022939Section “Director Compensation”. As printed: 313,425. Filing ↗machine: t49 · r7 · c8 · span 761041–761048
36Section 08, Edward J. FitzpatrickDEF 14A2026-04-020001628280-26-022939Section “Director Compensation”. As printed: 306,403. Filing ↗machine: t49 · r3 · c8 · span 746801–746808
37Section 08, Ivan K. FongDEF 14A2026-04-020001628280-26-022939Section “Director Compensation”. As printed: 303,590. Filing ↗machine: t49 · r4 · c8 · span 750373–750380
38Section 08, Jill R. GoodmanDEF 14A2026-04-020001628280-26-022939Section “Director Compensation”. As printed: 300,590. Filing ↗machine: t49 · r6 · c8 · span 757499–757506
39Section 08, Cecilia H. MaoDEF 14A2026-04-020001628280-26-022939Section “Director Compensation”. As printed: 298,590. Filing ↗machine: t49 · r8 · c8 · span 764623–764630
40Section 08, Jennifer J. McPeekDEF 14A2026-04-020001628280-26-022939Section “Director Compensation”. As printed: 284,090. Filing ↗machine: t49 · r10 · c8 · span 771764–771771
41Section 08, Fredric J. TomczykDEF 14A2026-04-020001628280-26-022939Section “Director Compensation”. As printed: 0. Filing ↗
42Section 08, Craig S. DonohueDEF 14A2026-04-020001628280-26-022939Section “Director Compensation”. As printed: 0. Filing ↗
43Section 02, Janet P. Froetscher 2026-05-14Form 42026-05-180001493848-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, Ivan K. Fong 2026-05-14Form 42026-05-180001342238-26-000001Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, Jill R. Goodman 2026-05-14Form 42026-05-180001551825-26-000001Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, James E. Parisi 2026-05-14Form 42026-05-180001307171-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, Fredric J. Tomczyk 2026-05-14Form 42026-05-180001350921-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
48Section 02, Roderick A. Palmore 2026-05-14Form 42026-05-180001218964-26-000001Insider equity transaction reported since the proxy statement. Filing ↗
49Section 02, Cecilia H. Mao 2026-05-14Form 42026-05-180002009173-26-000001Insider equity transaction reported since the proxy statement. Filing ↗
50Section 02, Erin A. Mansfield 2026-05-14Form 42026-05-180002010072-26-000001Insider equity transaction reported since the proxy statement. Filing ↗
51Section 02, Jennifer J. McPeek 2026-05-14Form 42026-05-180001582601-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
52Section 02, William M. Farrow III 2026-05-14Form 42026-05-180001341362-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
53Section 02, Edward J. Fitzpatrick 2026-05-14Form 42026-05-180001454029-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
54Section 02, Janet P. Froetscher 2026-05-18Form 42026-05-200001493848-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
55Section 02, Allen Wilkinson 2026-05-19Form 42026-05-210002010162-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
56Section 02, Fredric J. Tomczyk 2026-07-01Form 42026-07-020001350921-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
57Section 06, 2026 voteForm 8-K2026-05-180001104659-26-063250Item 5.07 · say-on-pay result. As reported: 92.36% (votes for as printed: 78,374,638). Filing ↗
58Section 06, 2025 voteForm 8-K2025-05-070001104659-25-045577Item 5.07 · say-on-pay result. As reported: 94.09% (votes for as printed: 76,990,384). Filing ↗
59Section 06, 2024 voteForm 8-K2024-05-200001558370-24-008477Item 5.07 · say-on-pay result. As reported: 84.42% (votes for as printed: 65,969,467). Filing ↗
60Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
61Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
62Section 09b board cost (computed)ComputedcomputedCash 2,087,792 + equity 2,211,170 + all other 105,000 = 4,403,962, summed across the director compensation table rows.machine: formula: Σ = 4,403,962
63MSCI Inc., Section 10b CEO totalDEF 14A2026-03-110001408198-26-000023CEO total compensation as printed in MSCI Inc.'s own proxy. As printed: 33,320,590. Filing ↗machine: r2 · c24 · span 1659848–1659858
64Nasdaq, Inc., Section 10b CEO totalDEF 14A2026-04-240001628280-26-027245CEO total compensation as printed in Nasdaq, Inc.'s own proxy. As printed: 25,014,550. Filing ↗machine: r3 · c7 · span 2441886–2441897
65Equifax Inc., Section 10b CEO totalDEF 14A2026-03-270001193125-26-127556CEO total compensation as printed in Equifax Inc.'s own proxy. As printed: 23,420,134. Filing ↗machine: r2 · c44 · span 1228991–1229001
66CME Group Inc., Section 10b CEO totalDEF 14A2026-03-230001628280-26-020500CEO total compensation as printed in CME Group Inc.'s own proxy. As printed: 23,394,854. Filing ↗machine: span 1417602–1417612
67Intercontinental Exchange, Inc., Section 10b CEO totalDEF 14A2026-03-310001193125-26-134700CEO total compensation as printed in Intercontinental Exchange, Inc.'s own proxy. As printed: 22,133,386. Filing ↗machine: t89 · r5 · c16 · span 1344962–1344972
68Stifel Financial Corp., Section 10b CEO totalDEF 14A2026-04-290001193125-26-191643CEO total compensation as printed in Stifel Financial Corp.'s own proxy. As printed: 18,908,297. Filing ↗machine: t238 · r3 · c23 · span 1013386–1013396
69Cboe Global Markets (subject), Section 10b CEO totalDEF 14A2026-04-020001628280-26-022939CEO total compensation as printed in Cboe Global Markets's own proxy. As printed: 18,347,037. Filing ↗machine: r2 · c14 · span 1788944–1788954
70Broadridge Financial Solutions, Inc., Section 10b CEO totalDEF 14A2025-10-020001140361-25-037069CEO total compensation as printed in Broadridge Financial Solutions, Inc.'s own proxy. As printed: 17,188,658. Filing ↗machine: r2 · c28 · span 1255591–1255602
71TransUnion, Section 10b CEO totalDEF 14A2026-03-240001193125-26-121876CEO total compensation as printed in TransUnion's own proxy. As printed: 16,731,398. Filing ↗machine: r3 · c34 · span 858177–858187
72Virtu Financial, Inc., Section 10b CEO totalDEF 14A2026-04-290001104659-26-051774CEO total compensation as printed in Virtu Financial, Inc.'s own proxy. As printed: 16,727,125. Filing ↗machine: span 454007–454017
73Akamai Technologies, Inc., Section 10b CEO totalDEF 14A2026-03-310001086222-26-000042CEO total compensation as printed in Akamai Technologies, Inc.'s own proxy. As printed: 15,954,172. Filing ↗machine: span 583218–583228
74LPL Financial Holdings Inc., Section 10b CEO totalDEF 14A2026-04-020001193125-26-140066CEO total compensation as printed in LPL Financial Holdings Inc.'s own proxy. As printed: 14,574,496. Filing ↗machine: t313 · r3 · c29 · span 1887460–1887470
75Verisk Analytics, Inc., Section 10b CEO totalDEF 14A2026-04-030001193125-26-141398CEO total compensation as printed in Verisk Analytics, Inc.'s own proxy. As printed: 13,540,847. Filing ↗machine: r3 · c28 · span 887453–887463
76SEI Investments Company, Section 10b CEO totalDEF 14A2026-04-150000350894-26-000021CEO total compensation as printed in SEI Investments Company's own proxy. As printed: 11,819,204. Filing ↗machine: r2 · c7 · span 1080241–1080251
77Fortinet, Inc., Section 10b CEO totalDEF 14A2026-04-290002077096-26-000106CEO total compensation as printed in Fortinet, Inc.'s own proxy. As printed: 11,458,039. Filing ↗machine: r4 · c14 · span 1588404–1588414
78FactSet Research Systems Inc., Section 10b CEO totalDEF 14A2025-10-270001628280-25-046442CEO total compensation as printed in FactSet Research Systems Inc.'s own proxy. As printed: 9,460,930. Filing ↗machine: span 790783–790792
79MarketAxess Holdings Inc., Section 10b CEO totalDEF 14A2026-04-290001193125-26-191601CEO total compensation as printed in MarketAxess Holdings Inc.'s own proxy. As printed: 7,101,027. Filing ↗machine: t49 · r4 · c22 · span 1439393–1439402
80Jack Henry & Associates, Inc., Section 10b CEO totalDEF 14A2025-10-020000779152-25-000079CEO total compensation as printed in Jack Henry & Associates, Inc.'s own proxy. As printed: 7,016,992. Filing ↗machine: r6 · c24 · span 564431–564440
81Euronet Worldwide, Inc., Section 10b CEO totalDEF 14A2026-04-130001554855-26-000595CEO total compensation as printed in Euronet Worldwide, Inc.'s own proxy. As printed: 2,786,575. Filing ↗machine: span 581086–581095
82Section 10a, TransUnion reciprocityDEF 14A0001193125-24-073865TransUnion's most recent proxy was read; its disclosed peer group does not include Cboe Global Markets. Filing ↗
83Section 10a, Stifel Financial Corp. reciprocityDEF 14A0001193125-26-191643Stifel Financial Corp.'s most recent proxy was read; its disclosed peer group does not include Cboe Global Markets. Filing ↗
84Section 10a, MarketAxess Holdings Inc. reciprocityDEF 14A0001193125-26-191601MarketAxess Holdings Inc. names Cboe Global Markets in its own disclosed peer group (read from its most recent proxy). Filing ↗
85Section 10a, Verisk Analytics, Inc. reciprocityDEF 14A0001193125-26-141398Verisk Analytics, Inc.'s most recent proxy was read; its disclosed peer group does not include Cboe Global Markets. Filing ↗
86Section 10a, Akamai Technologies, Inc. reciprocityDEF 14A0001086222-26-000042Akamai Technologies, Inc.'s most recent proxy was read; its disclosed peer group does not include Cboe Global Markets. Filing ↗
87Section 10a, CME Group Inc. reciprocityDEF 14A0001628280-26-020500CME Group Inc. names Cboe Global Markets in its own disclosed peer group (read from its most recent proxy). Filing ↗
88Section 10a, Fortinet, Inc. reciprocityDEF 14A0002077096-26-000106Fortinet, Inc.'s most recent proxy was read; its disclosed peer group does not include Cboe Global Markets. Filing ↗
89Section 10a, MSCI Inc. reciprocityDEF 14A0001408198-26-000023MSCI Inc. names Cboe Global Markets in its own disclosed peer group (read from its most recent proxy). Filing ↗
90Section 10a, LPL Financial Holdings Inc. reciprocityDEF 14A0001193125-26-140066LPL Financial Holdings Inc.'s most recent proxy was read; its disclosed peer group does not include Cboe Global Markets. Filing ↗