Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-06-29

CME Group (CME)

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.

$23,394,854
Terrence Duffy total, FY2025
73rd
CEO pay percentile vs peers
140:1
CEO-to-median pay ratio
88%
Say-on-pay support, latest vote
Companies that benchmark against CME
7 companies name CME as a compensation peer

Each company listed discloses CME 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 CME 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
Terrence Duffy$2,000,000$0$13,319,860$0$7,128,831$56,690$889,473$23,394,854
Chairman and Chief Executive Officer
Lynne Fitzpatrick750,00002,497,72901,336,65642,047125,7104,752,142
President and Chief Financial Officer
Derek Sammann525,00001,748,4510935,65958,865122,9993,390,974
Global Head of Commodities Markets
Julie Winkler525,00001,748,4510935,65959,368111,2663,379,744
Chief Commercial Officer
Sunil Cutinho525,00001,748,4510935,65956,331111,2653,376,706
Chief Information 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
Terrence Duffy$23,394,854$23,945,589$23,468,000−550,735
Lynne Fitzpatrick4,752,1423,443,2652,559,740+1,308,877
Derek Sammann3,390,9743,433,5043,412,041−42,530
Julie Winkler3,379,7443,415,106−35,362
Sunil Cutinho3,376,7063,411,2373,395,035−34,531

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
William R. ShepardDirector2026-03-26A1,407.78$297$418,646CommonForm 4 ↗
William R. ShepardDirector2026-03-26A62.0629718,455CommonForm 4 ↗
William W. HobertDirector2026-05-01A645225145,125CommonForm 4 ↗
William W. HobertDirector2026-05-01A42222594,950CommonForm 4 ↗
William W. HobertDirector2026-05-01A20,320CommonForm 4 ↗
William W. HobertDirector2026-05-01D20,320CommonForm 4 ↗
Terrence DuffyDirector2026-05-15D9,0043002,697,418CommonForm 4 ↗
Terrence DuffyDirector2026-05-15D25,9962987,750,447CommonForm 4 ↗
Hilda Harris PiellSr MD & Chief HR Officer2026-05-18D5,7533051,752,536CommonForm 4 ↗
William R. ShepardDirector2026-06-25A324.7823174,885CommonForm 4 ↗
Howard J. SiegelDirector2026-06-25A645225145,125CommonForm 4 ↗
Deborah J. LucasDirector2026-06-25A645225145,125CommonForm 4 ↗
Robert J. TierneyDirector2026-06-25A645225145,125CommonForm 4 ↗
Charles P. CareyDirector2026-06-25A42222594,950CommonForm 4 ↗
Charles P. CareyDirector2026-06-25A645225145,125CommonForm 4 ↗
Kathryn BeneshDirector2026-06-25A645225145,125CommonForm 4 ↗
Martin J. GepsmanDirector2026-06-25A645225145,125CommonForm 4 ↗
Rahael SeifuDirector2026-06-25A645225145,125CommonForm 4 ↗
Howard J. SiegelDirector2026-06-25A42222594,950CommonForm 4 ↗
Daniel G. KayeDirector2026-06-25A645225145,125CommonForm 4 ↗
Harold Ford Jr.Director2026-06-25A645225145,125CommonForm 4 ↗
Harold Ford Jr.Director2026-06-25A42222594,950CommonForm 4 ↗
Timothy S. BitsbergerDirector2026-06-25A645225145,125CommonForm 4 ↗
Elizabeth A. CookDirector2026-06-25A645225145,125CommonForm 4 ↗
William R. ShepardDirector2026-06-25A42222594,950CommonForm 4 ↗
Bryan T. DurkinDirector2026-06-25A645225145,125CommonForm 4 ↗
William R. ShepardDirector2026-06-25A645225145,125CommonForm 4 ↗
Dennis A. SuskindDirector2026-06-25A645225145,125CommonForm 4 ↗
Phyllis M. LockettDirector2026-06-25A645225145,125CommonForm 4 ↗
Patrick W. MaloneyDirector2026-06-25A645225145,125CommonForm 4 ↗
Patrick J. MulchroneDirector2026-06-25A645225145,125CommonForm 4 ↗
William R. ShepardDirector2026-06-25A14.322313,301CommonForm 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.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Julie WinklerPSU2025-12-311,5213,042$549,720
Lynne FitzpatrickPSU2025-12-312,1734,346785,366
Terrence DuffyPSU2025-12-0911,59123,1823,130,961
Lynne FitzpatrickPSU2025-12-092,1734,346586,971
Lynne FitzpatrickRSA2025-09-154,3481,125,393
Sunil CutinhoPSU2025-12-311,5213,042549,720
Julie WinklerPSU2025-12-091,5213,042410,853
Terrence DuffyRSA2025-09-1523,1805,999,679
Derek SammannRSA2025-09-153,044787,879
Sunil CutinhoRSA2025-09-153,044787,879
Derek SammannPSU2025-12-091,5213,042410,853
Sunil CutinhoPSU2025-12-091,5213,042410,853
Derek SammannPSU2025-12-311,5213,042549,720
Terrence DuffyPSU2025-12-3111,59123,1824,189,219
Julie WinklerRSA2025-09-153,044787,879
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Julie Winkler$0$960,573$0100.0%
Lynne Fitzpatrick01,372,3370100.0%
Terrence Duffy07,320,1800100.0%
Sunil Cutinho0960,5730100.0%
Derek Sammann0960,5730100.0%

% 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
Terrence DuffyPSU23,182$6,330,541
Sunil CutinhoRSU8,2562,254,548
Sunil CutinhoRSU3,044831,256
Julie WinklerRSU2,703738,135
Sunil CutinhoRSU1,032281,819
Lynne FitzpatrickRSU4,3481,187,352
Lynne FitzpatrickRSU2,902792,478
Lynne FitzpatrickRSU3,604984,180
Sunil CutinhoRSU2,703738,135
Julie WinklerRSU3,044831,256
Julie WinklerRSU1,032281,819
Lynne FitzpatrickRSU2,703738,135
Sunil CutinhoRSU3,604984,180
Julie WinklerRSU1,904519,944
Julie WinklerRSU3,8081,039,889
Sunil CutinhoRSU3,8081,039,889
Julie WinklerRSU8,2562,254,548
Terrence DuffyRSU27,4567,497,684
Sunil CutinhoPSU3,042830,709
Sunil CutinhoRSU1,904519,944
Julie WinklerRSU3,604984,180
Lynne FitzpatrickRSU1,450395,966
Lynne FitzpatrickRSU688187,879
Lynne FitzpatrickRSU20455,708
Julie WinklerRSU3,042830,709
Terrence DuffyRSU29,0107,922,051
Terrence DuffyRSU62,90217,177,278
Terrence DuffyRSU23,1826,330,541
Lynne FitzpatrickRSU4,3461,186,806
Julie WinklerPSU3,042830,709
Sunil CutinhoRSU3,042830,709
Lynne FitzpatrickRSU5,5041,503,032
Lynne FitzpatrickPSU4,3461,186,806
05

Incentive-plan design — the Compensation Discussion & Analysis

We broadly target compensation opportunities at the median (50th percentile) of the market, in total and for each component of pay for target performance levels. However, we believe that benchmarking does not provide a complete basis for establishing compensation. Therefore, we do not use the market statistics rigidly, nor do we apply any specific formula to the data.

CEO STI target (% of salary)200%
CEO LTI target (% of salary)
Independent consultantMeridian Compensation Partners, LLC
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-05-14259,576,11234,530,288854,31988%Passed
20252025-05-08251,216,94636,031,154551,18987.29%Passed
20242024-05-09253,068,32337,272,265362,70787.05%Passed
20232023-05-0491,525,185192,824,961959,53232.08%Failed
20222022-05-0464,176,239211,462,766660,02223.28%Failed
20212021-05-05246,577,86825,639,3501,152,27590.58%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
20262026-05-1488%a
20252025-05-0887.29%b
20242024-05-0987.05%c

a. Approved under the standard stated in the filing — “Abstentions will have the same effect as a vote "against" an item.”.

b. Approved under the standard stated in the filing — “Abstentions will have the same effect as a vote "against" an item.”.

c. Approved under the standard stated in the filing — “Abstentions will have the same effect as a vote "against" an item.”.

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)140 : 1
CEO total compensation$23,394,854
Median employee compensation$167,162
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Dennis A. SuskindIndependent$190,417$145,252$0$335,669
Timothy S. BitsbergerIndependent171,000145,2520316,252
Phyllis M. LockettIndependent168,000145,2520313,252
William W. HobertIndependent72,259239,9930312,252
William R. ShepardIndependent71,259239,9930311,252
Daniel G. KayeIndependent156,000145,2520301,252
Howard J. SiegelIndependent61,259239,9930301,252
Rahael SeifuIndependent147,583145,2520292,835
Deborah J. LucasIndependent146,000145,2520291,252
Martin J. GepsmanIndependent143,250145,2520288,502
Patrick J. MulchroneIndependent133,000145,2520278,252
Kathryn BeneshIndependent131,000145,2520276,252
Robert J. TierneyIndependent126,000145,2520271,252
Elizabeth A. CookIndependent125,000145,2520270,252
Bryan T. DurkinIndependent124,000145,2520269,252
Patrick W. MaloneyIndependent121,000145,2520266,252
Harold Ford Jr.Independent119,000145,2520264,252
09

Board fee structure and ownership guideline

Annual cash retainer$95,000
Annual equity retainer$145,000
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$2,206,027
Equity awards (grant-date value)$2,753,507
All other compensation$0
Total cost of the board$4,959,534

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 CME Group 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 CME Group.

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
1Fiserv Inc.2025Michael Lyons$1,214,236$55,881,279$0$0$70,341,992
2Mastercard Inc.2025Michael Miebach1,375,00020,711,4564,950,0097,957,95035,422,518
3Nasdaq Inc.2025Adena Friedman1,359,61617,491,32106,086,50925,014,550
4Equifax Inc.2025Mark Begor1,500,00014,993,1103,420,1302,737,63423,420,134
5CME Group2025Terrence Duffy2,000,00013,319,86007,128,83123,394,854
6Intercontinental Exchange Inc.2025Jeffrey Sprecher1,395,83316,666,55304,050,00022,133,386
7The Charles Schwab Corp.2025Richard Wurster1,248,4687,612,5535,075,0194,727,41618,755,222
8CBOE Global Markets Inc.2025Craig Donohue846,97014,742,57402,553,69918,347,037
9Moody's Corp.2025Robert Fauber1,100,00011,359,9032,840,0802,226,00018,082,565
10T. Rowe Price Group Inc.2025Robert Sharps350,0008,401,68908,401,50017,245,792
11Franklin Resources Inc.2025Jennifer Johnson750,0008,959,77106,925,00016,844,816
12Invesco Ltd.2025Andrew Schlossberg750,00010,084,90305,321,25016,299,849
13S&P Global Inc.2025Martina Cheung1,000,0008,978,04102,445,30012,831,062
14Western Union Co.2025Devin B. McGranahan1,000,0007,122,6001,900,000478,80010,697,800
15Northern Trust Corp.2025Michael O'Grady1,000,0006,150,11102,730,00010,059,154
16Paychex Inc.2025John Gibson900,0005,183,3931,749,999957,3758,807,411

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
CME Groupnot disclosedPSU 50 · RSU 50Yes — TSR relative to the S&P 500Meridian Compensation Partners, LLC
CBOE Global Markets Inc.not disclosedRSU 50 · PSU 50YesMeridian
Equifax Inc.152.1%PSU 60 · Options 20 · RSU 20Yes — Relative TSRFrederic W. Cook & Co., Inc.
Fiserv Inc.not disclosedPSU 60 · RSU 40NoPay Governance, LLC
Franklin Resources Inc.1847%PSU 100YesSemler Brossy Consulting Group
Intercontinental Exchange Inc.108%PSU 70 · RSU 30Yes — Company 3-Year TSR relative to S&P 500 3-Year TSRCompensation Advisory Partners (CAP)
Invesco Ltd.129%PSU 60 · RSU 40Yes — Relative TSRJohnson Associates
Mastercard Inc.227%PSU 60 · RSU 20 · Options 20NoFW Cook
Moody's Corp.101%PSU 60 · RSU 20 · Options 20NoMeridian Compensation Partners
Nasdaq Inc.not disclosednot disclosednot disclosednot disclosed
Northern Trust Corp.not disclosednot disclosednot disclosednot disclosed
Paychex Inc.86.4%PRSU 60Yes — Relative total shareholder return (rTSR)Frederic W. Cook & Co., Inc. (FW Cook)
S&P Global Inc.108.68%PSU 70 · RSU 30NoPay Governance
T. Rowe Price Group Inc.not disclosedRSU 50 · PRSU 50not disclosednot disclosed
The Charles Schwab Corp.116.5%PSU 60 · Options 40NoSemler Brossy
Western Union Co.27%PSU 60 · RSU 20 · Options 20NoMeridian Compensation Partners, LLC

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, Terrence DuffyDEF 14A2026-03-230001628280-26-020500Section “2025 Summary Compensation Table”. As printed: 23,394,854. Filing ↗machine: span 1417602–1417612
2Section 01, Lynne FitzpatrickDEF 14A2026-03-230001628280-26-020500Section “2025 Summary Compensation Table”. As printed: 4,752,142. Filing ↗machine: r6 · c24 · span 1425043–1425052
3Section 01, Derek SammannDEF 14A2026-03-230001628280-26-020500Section “2025 Summary Compensation Table”. As printed: 3,390,974. Filing ↗machine: r9 · c24 · span 1432340–1432349
4Section 01, Julie WinklerDEF 14A2026-03-230001628280-26-020500Section “2025 Summary Compensation Table”. As printed: 3,379,744. Filing ↗machine: r12 · c24 · span 1439905–1439914
5Section 01, Sunil CutinhoDEF 14A2026-03-230001628280-26-020500Section “2025 Summary Compensation Table”. As printed: 3,376,706. Filing ↗machine: r14 · c24 · span 1445103–1445112
6Section 03, Julie Winkler PSUDEF 14A0001628280-26-020500Section “PROXY STATEMENT TABLE OF CONTENTS COMPENSATION DISCUSSION &” · grants of plan-based awards table. Filing ↗machine: t264 · r8 · c4 · span 1357231–1357236
7Section 03, Lynne Fitzpatrick PSUDEF 14A2026-03-230001628280-26-020500Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t264 · r6 · c4 · span 1353995–1354000
8Section 03, Terrence Duffy PSUDEF 14A2026-03-230001628280-26-020500Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t264 · r5 · c4 · span 1352394–1352400
9Section 03, Lynne Fitzpatrick PSUDEF 14A2026-03-230001628280-26-020500Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t264 · r6 · c4 · span 1353995–1354000
10Section 03, Lynne Fitzpatrick RSADEF 14A2026-03-230001628280-26-020500Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t281 · r14 · c3 · span 1564724–1564729
11Section 03, Sunil Cutinho PSUDEF 14A0001628280-26-020500Section “PROXY STATEMENT TABLE OF CONTENTS COMPENSATION DISCUSSION &” · grants of plan-based awards table. Filing ↗machine: t264 · r9 · c4 · span 1358997–1359002
12Section 03, Julie Winkler PSUDEF 14A0001628280-26-020500Section “PROXY STATEMENT TABLE OF CONTENTS COMPENSATION DISCUSSION &” · grants of plan-based awards table. Filing ↗machine: t264 · r8 · c4 · span 1357231–1357236
13Section 03, Terrence Duffy RSADEF 14A2026-03-230001628280-26-020500Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗
14Section 03, Derek Sammann RSADEF 14A0001628280-26-020500Section “PROXY STATEMENT TABLE OF CONTENTS EXECUTIVE COMPENSATION” · grants of plan-based awards table. Filing ↗machine: t281 · r26 · c3 · span 1587749–1587754
15Section 03, Sunil Cutinho RSADEF 14A0001628280-26-020500Section “EXECUTIVE COMPENSATION TABLE OF CONTENTS &” · grants of plan-based awards table. Filing ↗machine: t284 · r18 · c3 · span 1643633–1643638
16Section 03, Derek Sammann PSUDEF 14A2026-03-230001628280-26-020500Section “PROXY STATEMENT TABLE OF CONTENTS COMPENSATION DISCUSSION &” · grants of plan-based awards table. Filing ↗machine: t264 · r7 · c4 · span 1355613–1355618
17Section 03, Sunil Cutinho PSUDEF 14A0001628280-26-020500Section “PROXY STATEMENT TABLE OF CONTENTS COMPENSATION DISCUSSION &” · grants of plan-based awards table. Filing ↗machine: t264 · r9 · c4 · span 1358997–1359002
18Section 03, Derek Sammann PSUDEF 14A2026-03-230001628280-26-020500Section “PROXY STATEMENT TABLE OF CONTENTS COMPENSATION DISCUSSION &” · grants of plan-based awards table. Filing ↗machine: t264 · r7 · c4 · span 1355613–1355618
19Section 03, Terrence Duffy PSUDEF 14A2026-03-230001628280-26-020500Section “Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t264 · r5 · c4 · span 1352394–1352400
20Section 03, Julie Winkler RSADEF 14A0001628280-26-020500Section “EXECUTIVE COMPENSATION TABLE OF CONTENTS &” · grants of plan-based awards table. Filing ↗machine: t284 · r7 · c3 · span 1622392–1622397
21Section 07, pay ratioDEF 14A2026-03-230001628280-26-020500Section “CEO Pay Ratio”. As printed: 140 : 1. Filing ↗machine: span 1840424–1840434
22Section 08, Dennis A. SuskindDEF 14A2026-03-230001628280-26-020500Section “Director Compensation”. As printed: 335,669. Filing ↗machine: t325 · r22 · c11 · span 2049177–2049184
23Section 08, Timothy S. BitsbergerDEF 14A2026-03-230001628280-26-020500Section “Director Compensation”. As printed: 316,252. Filing ↗machine: t325 · r4 · c11 · span 2011592–2011599
24Section 08, Phyllis M. LockettDEF 14A2026-03-230001628280-26-020500Section “Director Compensation”. As printed: 313,252. Filing ↗machine: t325 · r14 · c11 · span 2032631–2032638
25Section 08, William W. HobertDEF 14A2026-03-230001628280-26-020500Section “Director Compensation”. As printed: 312,252. Filing ↗machine: t325 · r12 · c11 · span 2028547–2028554
26Section 08, William R. ShepardDEF 14A2026-03-230001628280-26-020500Section “Director Compensation”. As printed: 311,252. Filing ↗machine: t325 · r20 · c11 · span 2045093–2045100
27Section 08, Daniel G. KayeDEF 14A2026-03-230001628280-26-020500Section “Director Compensation”. As printed: 301,252. Filing ↗machine: t325 · r13 · c11 · span 2030587–2030594
28Section 08, Howard J. SiegelDEF 14A2026-03-230001628280-26-020500Section “Director Compensation”. As printed: 301,252. Filing ↗machine: t325 · r21 · c11 · span 2047134–2047141
29Section 08, Rahael SeifuDEF 14A2026-03-230001628280-26-020500Section “Director Compensation”. As printed: 292,835. Filing ↗machine: t325 · r19 · c11 · span 2043050–2043057
30Section 08, Deborah J. LucasDEF 14A2026-03-230001628280-26-020500Section “Director Compensation”. As printed: 291,252. Filing ↗machine: t325 · r15 · c11 · span 2034673–2034680
31Section 08, Martin J. GepsmanDEF 14A2026-03-230001628280-26-020500Section “Director Compensation”. As printed: 288,502. Filing ↗machine: t325 · r9 · c11 · span 2022007–2022014
32Section 08, Patrick J. MulchroneDEF 14A2026-03-230001628280-26-020500Section “Director Compensation”. As printed: 278,252. Filing ↗machine: t325 · r17 · c11 · span 2038765–2038772
33Section 08, Kathryn BeneshDEF 14A2026-03-230001628280-26-020500Section “Director Compensation”. As printed: 276,252. Filing ↗machine: t325 · r3 · c15 · span 2009603–2009610
34Section 08, Robert J. TierneyDEF 14A2026-03-230001628280-26-020500Section “Director Compensation”. As printed: 271,252. Filing ↗machine: t325 · r23 · c11 · span 2051604–2051611
35Section 08, Elizabeth A. CookDEF 14A2026-03-230001628280-26-020500Section “Director Compensation”. As printed: 270,252. Filing ↗machine: t325 · r6 · c11 · span 2015882–2015889
36Section 08, Bryan T. DurkinDEF 14A2026-03-230001628280-26-020500Section “Director Compensation”. As printed: 269,252. Filing ↗machine: t325 · r7 · c11 · span 2017923–2017930
37Section 08, Patrick W. MaloneyDEF 14A2026-03-230001628280-26-020500Section “Director Compensation”. As printed: 266,252. Filing ↗machine: t325 · r16 · c11 · span 2036718–2036725
38Section 08, Harold Ford Jr.DEF 14A2026-03-230001628280-26-020500Section “Director Compensation”. As printed: 264,252. Filing ↗machine: t325 · r8 · c11 · span 2019964–2019971
39Section 02, William R. Shepard 2026-03-26Form 42026-03-300001628280-26-022028Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, William R. Shepard 2026-03-26Form 42026-03-300001628280-26-022028Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, William W. Hobert 2026-05-01Form 42026-06-290001643402-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, William W. Hobert 2026-05-01Form 42026-06-290001643402-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, William W. Hobert 2026-05-01Form 42026-06-290001643402-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, William W. Hobert 2026-05-01Form 42026-06-290001643402-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, Terrence Duffy 2026-05-15Form 42026-05-180001212809-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, Terrence Duffy 2026-05-15Form 42026-05-180001212809-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, Hilda Harris Piell 2026-05-18Form 42026-05-190001156375-26-000029Insider equity transaction reported since the proxy statement. Filing ↗
48Section 02, William R. Shepard 2026-06-25Form 42026-06-290001212852-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
49Section 02, Howard J. Siegel 2026-06-25Form 42026-06-290001212853-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
50Section 02, Deborah J. Lucas 2026-06-25Form 42026-06-290001329150-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
51Section 02, Robert J. Tierney 2026-06-25Form 42026-06-290001776581-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
52Section 02, Charles P. Carey 2026-06-25Form 42026-06-290001341358-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
53Section 02, Charles P. Carey 2026-06-25Form 42026-06-290001341358-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
54Section 02, Kathryn Benesh 2026-06-25Form 42026-06-290001976318-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
55Section 02, Martin J. Gepsman 2026-06-25Form 42026-06-290001212813-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
56Section 02, Rahael Seifu 2026-06-25Form 42026-06-290001812194-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
57Section 02, Howard J. Siegel 2026-06-25Form 42026-06-290001212853-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
58Section 02, Daniel G. Kaye 2026-06-25Form 42026-06-290001556974-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
59Section 02, Harold Ford Jr. 2026-06-25Form 42026-06-290001156375-26-000037Insider equity transaction reported since the proxy statement. Filing ↗
60Section 02, Harold Ford Jr. 2026-06-25Form 42026-06-290001156375-26-000037Insider equity transaction reported since the proxy statement. Filing ↗
61Section 02, Timothy S. Bitsberger 2026-06-25Form 42026-06-290001434852-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
62Section 02, Elizabeth A. Cook 2026-06-25Form 42026-06-290001643475-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
63Section 02, William R. Shepard 2026-06-25Form 42026-06-290001212852-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
64Section 02, Bryan T. Durkin 2026-06-25Form 42026-06-290001341363-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
65Section 02, William R. Shepard 2026-06-25Form 42026-06-290001212852-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
66Section 02, Dennis A. Suskind 2026-06-25Form 42026-06-290001361519-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
67Section 02, Phyllis M. Lockett 2026-06-25Form 42026-06-290001776684-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
68Section 02, Patrick W. Maloney 2026-06-25Form 42026-06-290001812087-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
69Section 02, Patrick J. Mulchrone 2026-06-25Form 42026-06-290001812174-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
70Section 02, William R. Shepard 2026-06-25Form 42026-06-290001212852-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
71Section 06, 2026 voteForm 8-K2026-05-190001156375-26-000028Item 5.07 · say-on-pay result. As reported: 88% (votes for as printed: 259,576,112). Filing ↗
72Section 06, 2025 voteForm 8-K2025-05-090001156375-25-000120Item 5.07 · say-on-pay result. As reported: 87.29% (votes for as printed: 251,216,946). Filing ↗
73Section 06, 2024 voteForm 8-K2024-05-130001193125-24-136767Item 5.07 · say-on-pay result. As reported: 87.05% (votes for as printed: 253,068,323). Filing ↗
74Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
75Section 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
76Section 09b board cost (computed)ComputedcomputedCash 2,206,027 + equity 2,753,507 + all other 0 = 4,959,534, summed across the director compensation table rows.machine: formula: Σ = 4,959,534
77Fiserv Inc., Section 10b CEO totalDEF 14A2026-04-020001140361-26-013003CEO total compensation as printed in Fiserv Inc.'s own proxy. As printed: 70,341,992. Filing ↗machine: t198 · r2 · c22 · span 1028715–1028725
78Mastercard Inc., Section 10b CEO totalDEF 14A2026-04-270001141391-26-000021CEO total compensation as printed in Mastercard Inc.'s own proxy. As printed: 35,422,518. Filing ↗machine: r3 · c54 · span 1446723–1446733
79Nasdaq 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
80Equifax 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
81CME Group (subject), Section 10b CEO totalDEF 14A2026-03-230001628280-26-020500CEO total compensation as printed in CME Group's own proxy. As printed: 23,394,854. Filing ↗machine: span 1417602–1417612
82Intercontinental 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
83The Charles Schwab Corp., Section 10b CEO totalDEF 14A2026-04-060001193125-26-142826CEO total compensation as printed in The Charles Schwab Corp.'s own proxy. As printed: 18,755,222. Filing ↗machine: span 943741–943751
84CBOE Global Markets Inc., Section 10b CEO totalDEF 14A2026-04-020001628280-26-022939CEO total compensation as printed in CBOE Global Markets Inc.'s own proxy. As printed: 18,347,037. Filing ↗machine: r2 · c14 · span 1788944–1788954
85Moody's Corp., Section 10b CEO totalDEF 14A2026-03-040001059556-26-000019CEO total compensation as printed in Moody's Corp.'s own proxy. As printed: 18,082,565. Filing ↗machine: r3 · c45 · span 978840–978850
86T. Rowe Price Group Inc., Section 10b CEO totalDEF 14A2026-03-170001104659-26-028876CEO total compensation as printed in T. Rowe Price Group Inc.'s own proxy. As printed: 17,245,792. Filing ↗machine: span 1474238–1474248
87Franklin Resources Inc., Section 10b CEO totalDEF 14A2025-12-220001140361-25-046314CEO total compensation as printed in Franklin Resources Inc.'s own proxy. As printed: 16,844,816. Filing ↗machine: r8 · c22 · span 1261002–1261012
88Invesco Ltd., Section 10b CEO totalDEF 14A2026-04-020001193125-26-140019CEO total compensation as printed in Invesco Ltd.'s own proxy. As printed: 16,299,849. Filing ↗machine: t223 · r2 · c27 · span 1030655–1030665
89S&P Global Inc., Section 10b CEO totalDEF 14A2026-03-310001104659-26-037380CEO total compensation as printed in S&P Global Inc.'s own proxy. As printed: 12,831,062. Filing ↗machine: span 1311049–1311059
90Western Union Co., Section 10b CEO totalDEF 14A2026-03-310001206774-26-000167CEO total compensation as printed in Western Union Co.'s own proxy. As printed: 10,697,800. Filing ↗
91Northern Trust Corp., Section 10b CEO totalDEF 14A2026-03-110000073124-26-000022CEO total compensation as printed in Northern Trust Corp.'s own proxy. As printed: 10,059,154. Filing ↗machine: r3 · c36 · span 1256395–1256406
92Paychex Inc., Section 10b CEO totalDEF 14A2025-08-290001193125-25-191789CEO total compensation as printed in Paychex Inc.'s own proxy. As printed: 8,807,411. Filing ↗machine: t241 · r4 · c34 · span 921660–921669
93Section 10a, T. Rowe Price Group Inc. reciprocityDEF 14A0001104659-26-028876T. Rowe Price Group Inc.'s most recent proxy was read; its disclosed peer group does not include CME Group. Filing ↗
94Section 10a, Moody's Corp. reciprocityDEF 14A0001059556-26-000019Moody's Corp. names CME Group in its own disclosed peer group (read from its most recent proxy). Filing ↗
95Section 10a, Western Union Co. reciprocityDEF 14A0001206774-26-000167Western Union Co.'s most recent proxy was read; its disclosed peer group does not include CME Group. Filing ↗
96Section 10a, Paychex Inc. reciprocityDEF 14A0001193125-25-191789Paychex Inc.'s most recent proxy was read; its disclosed peer group does not include CME Group. Filing ↗
97Section 10a, S&P Global Inc. reciprocityDEF 14A0001104659-26-037380S&P Global Inc. names CME Group in its own disclosed peer group (read from its most recent proxy). Filing ↗
98Section 10a, Invesco Ltd. reciprocityDEF 14A0001193125-26-140019Invesco Ltd.'s most recent proxy was read; its disclosed peer group does not include CME Group. Filing ↗
99Section 10a, CBOE Global Markets Inc. reciprocityDEF 14A0001628280-26-022939CBOE Global Markets Inc. names CME Group in its own disclosed peer group (read from its most recent proxy). Filing ↗
100Section 10a, The Charles Schwab Corp. reciprocityDEF 14A0001193125-26-142826The Charles Schwab Corp.'s most recent proxy was read; its disclosed peer group does not include CME Group. Filing ↗
101Section 10a, Fiserv Inc. reciprocityDEF 14A0001140361-26-013003Fiserv Inc.'s most recent proxy was read; its disclosed peer group does not include CME Group. Filing ↗
102Section 10a, Northern Trust Corp. reciprocityDEF 14A0000073124-26-000022Northern Trust Corp.'s most recent proxy was read; its disclosed peer group does not include CME Group. Filing ↗
103Section 10a, Mastercard Inc. reciprocityDEF 14A0001141391-26-000021Mastercard Inc.'s most recent proxy was read; its disclosed peer group does not include CME Group. Filing ↗
104Section 10a, Franklin Resources Inc. reciprocityDEF 14A0001140361-25-046314Franklin Resources Inc.'s most recent proxy was read; its disclosed peer group does not include CME Group. Filing ↗