Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-09-28

CME Group (CME)

CEO Terrence Duffy was paid $23,394,854 in fiscal year 2025, ↓ down 2.3% from fiscal year 2024, the 73rd percentile of its disclosed peer group (SEC filing 0001628280-26-020500 ↗): 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

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Sample answer — “What is the CEO’s total compensation?”
- Terrence Duffy (Chairman and Chief Executive Officer), FY2025 total compensation $23,394,854 (base salary $2,000,000) [exec_comp, SEC accession 0001628280-26-020500, filed 2026-03-23]

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CME's next annual pay disclosure, estimated March 23, 2027.est. Filing ↗

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 FY2024→2025
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.

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Companies that benchmark against CME
8 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.

01b

Executives — the named officers

One page per officer: the same table above, read for one person at a time — his own figure and every fiscal year the register holds.

ExecutiveRoleFY2025 total
Julie WinklerCCO$3,379,744
Lynne FitzpatrickPresident$4,752,142
Sunil CutinhoChief Information Officer$3,376,706
Terrence DuffyCEO$23,394,854
Derek SammannExecutive$3,390,974
01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2025 total
Bryan T. DurkinIndependent Director$269,252
Daniel G. KayeIndependent Director$301,252
Deborah J. LucasIndependent Director$291,252
Dennis A. SuskindIndependent Director$335,669
Elizabeth A. CookIndependent Director$270,252
Harold Ford Jr.Independent Director$264,252
Howard J. SiegelIndependent Director$301,252
Kathryn BeneshIndependent Director$276,252
Martin J. GepsmanIndependent Director$288,502
Patrick J. MulchroneIndependent Director$278,252
Patrick W. MaloneyIndependent Director$266,252
Phyllis M. LockettIndependent Director$313,252
Rahael SeifuIndependent Director$292,835
Robert J. TierneyIndependent Director$271,252
Timothy S. BitsbergerIndependent Director$316,252
William R. ShepardIndependent Director$311,252
William W. HobertIndependent Director$312,252
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. HobertDirector2026-05-01A20,320——CommonForm 4 ↗
William W. HobertDirector2026-05-01D20,320——CommonForm 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 ↗
Derek SammannSr MD Gl Hd Commodities Mkts2026-05-25A4,62900CommonForm 4 ↗
Derek SammannSr MD Gl Hd Commodities Mkts2026-05-25D4,62900CommonForm 4 ↗
Dennis A. SuskindDirector2026-06-25A645225145,125CommonForm 4 ↗
Rahael SeifuDirector2026-06-25A645225145,125CommonForm 4 ↗
Robert J. TierneyDirector2026-06-25A645225145,125CommonForm 4 ↗
Timothy S. BitsbergerDirector2026-06-25A645225145,125CommonForm 4 ↗
Charles P. CareyDirector2026-06-25A42222594,950CommonForm 4 ↗
Bryan T. DurkinDirector2026-06-25A645225145,125CommonForm 4 ↗
Harold Ford Jr.Director2026-06-25A42222594,950CommonForm 4 ↗
Harold Ford Jr.Director2026-06-25A645225145,125CommonForm 4 ↗
William W. HobertDirector2026-06-25A645225145,125CommonForm 4 ↗
Phyllis M. LockettDirector2026-06-25A645225145,125CommonForm 4 ↗
Kathryn BeneshDirector2026-06-25A645225145,125CommonForm 4 ↗
Charles P. CareyDirector2026-06-25A645225145,125CommonForm 4 ↗
Daniel G. KayeDirector2026-06-25A645225145,125CommonForm 4 ↗
Deborah J. LucasDirector2026-06-25A645225145,125CommonForm 4 ↗
Patrick J. MulchroneDirector2026-06-25A645225145,125CommonForm 4 ↗
William W. HobertDirector2026-06-25A42222594,950CommonForm 4 ↗
Howard J. SiegelDirector2026-06-25A42222594,950CommonForm 4 ↗
William R. ShepardDirector2026-06-25A14.322313,301CommonForm 4 ↗
William R. ShepardDirector2026-06-25A42222594,950CommonForm 4 ↗
Martin J. GepsmanDirector2026-06-25A645225145,125CommonForm 4 ↗
Elizabeth A. CookDirector2026-06-25A645225145,125CommonForm 4 ↗
Patrick W. MaloneyDirector2026-06-25A645225145,125CommonForm 4 ↗
Howard J. SiegelDirector2026-06-25A645225145,125CommonForm 4 ↗
William R. ShepardDirector2026-06-25A324.7823174,885CommonForm 4 ↗
William R. ShepardDirector2026-06-25A645225145,125CommonForm 4 ↗
William R. ShepardDirector2026-08-18A2,553.7800CommonForm 4 ↗
William R. ShepardDirector2026-08-18D2,553.7800CommonForm 4 ↗
Terrence DuffyDirector2026-09-10D628275172,719CommonForm 4 ↗
Terrence DuffyDirector2026-09-10D14,3722743,943,821CommonForm 4 ↗
Elizabeth A. CookDirector2026-09-14D500280140,055CommonForm 4 ↗
Sunil CutinhoChief Information Officer2026-09-15D36127599,307CommonForm 4 ↗
Sunil CutinhoChief Information Officer2026-09-15D373275102,609CommonForm 4 ↗
Sunil CutinhoChief Information Officer2026-09-15A2,864275787,858CommonForm 4 ↗
Michael G. DennisGlobal Head of Fixed Income2026-09-15A2,592275713,033CommonForm 4 ↗
Terrence DuffyDirector2026-09-15A21,8122756,000,263CommonForm 4 ↗
Lynne FitzpatrickPresident and CFO2026-09-15D457275125,716CommonForm 4 ↗
Lynne FitzpatrickPresident and CFO2026-09-15D27527575,650CommonForm 4 ↗
John Clifford MarcheseSr MD, General Counsel2026-09-15D5027513,755CommonForm 4 ↗
John Clifford MarcheseSr MD, General Counsel2026-09-15D5727515,680CommonForm 4 ↗
John Clifford MarcheseSr MD, General Counsel2026-09-15D4727512,929CommonForm 4 ↗
John Clifford MarcheseSr MD, General Counsel2026-09-15D4327511,829CommonForm 4 ↗
Timothy Francis McCourtSr MD Global Head Equity & FX2026-09-15D33827592,980CommonForm 4 ↗
Timothy Francis McCourtSr MD Global Head Equity & FX2026-09-15D33027590,780CommonForm 4 ↗
Timothy Francis McCourtSr MD Global Head Equity & FX2026-09-15D30227583,077CommonForm 4 ↗
Timothy Francis McCourtSr MD Global Head Equity & FX2026-09-15A2,592275713,033CommonForm 4 ↗
Derek SammannSr MD Gl Hd Commodities Mkts2026-09-15D32027588,029CommonForm 4 ↗
Derek SammannSr MD Gl Hd Commodities Mkts2026-09-15D36127599,307CommonForm 4 ↗
Derek SammannSr MD Gl Hd Commodities Mkts2026-09-15D373275102,609CommonForm 4 ↗
Derek SammannSr MD Gl Hd Commodities Mkts2026-09-15A2,864275787,858CommonForm 4 ↗
Suzanne SpragueCOO & Global Head of Clearing2026-09-15D32027588,029CommonForm 4 ↗
Suzanne SpragueCOO & Global Head of Clearing2026-09-15D27527575,650CommonForm 4 ↗
Suzanne SpragueCOO & Global Head of Clearing2026-09-15D24927568,497CommonForm 4 ↗
Suzanne SpragueCOO & Global Head of Clearing2026-09-15A2,864275787,858CommonForm 4 ↗
Jack J. TobinMD Chief Accounting Officer2026-09-15D20527556,393CommonForm 4 ↗
Jack J. TobinMD Chief Accounting Officer2026-09-15D4727512,929CommonForm 4 ↗
Jack J. TobinMD Chief Accounting Officer2026-09-15D4427512,104CommonForm 4 ↗
Jack J. TobinMD Chief Accounting Officer2026-09-15A700275192,563CommonForm 4 ↗
Ken VromanChief Transformation Officer2026-09-15D27427575,375CommonForm 4 ↗
Ken VromanChief Transformation Officer2026-09-15D30927585,003CommonForm 4 ↗
Ken VromanChief Transformation Officer2026-09-15D32027588,029CommonForm 4 ↗
Ken VromanChief Transformation Officer2026-09-15A2,592275713,033CommonForm 4 ↗
Julie WinklerSr MD Chief Commercial Officer2026-09-15D32027588,029CommonForm 4 ↗
John Clifford MarcheseSr MD, General Counsel2026-09-15A784275215,671CommonForm 4 ↗
Sunil CutinhoChief Information Officer2026-09-15D32027588,029CommonForm 4 ↗
Lynne FitzpatrickPresident and CFO2026-09-15D24927568,497CommonForm 4 ↗
Lynne FitzpatrickPresident and CFO2026-09-15A4,0882751,124,568CommonForm 4 ↗
Julie WinklerSr MD Chief Commercial Officer2026-09-15D373275102,609CommonForm 4 ↗
Michael G. DennisGlobal Head of Fixed Income2026-09-15D27427575,375CommonForm 4 ↗
Julie WinklerSr MD Chief Commercial Officer2026-09-15A2,864275787,858CommonForm 4 ↗
Julie WinklerSr MD Chief Commercial Officer2026-09-15D36127599,307CommonForm 4 ↗
Sunil CutinhoChief Information Officer2026-09-16D35927297,813CommonForm 4 ↗
Lynne FitzpatrickPresident and CFO2026-09-16D35927297,813CommonForm 4 ↗
John Clifford MarcheseSr MD, General Counsel2026-09-16D4427211,988CommonForm 4 ↗
Timothy Francis McCourtSr MD Global Head Equity & FX2026-09-16D36427299,175CommonForm 4 ↗
Suzanne SpragueCOO & Global Head of Clearing2026-09-16D30827283,918CommonForm 4 ↗
Jack J. TobinMD Chief Accounting Officer2026-09-16D5127213,895CommonForm 4 ↗
Ken VromanChief Transformation Officer2026-09-16D30827283,918CommonForm 4 ↗
Julie WinklerSr MD Chief Commercial Officer2026-09-16D35927297,813CommonForm 4 ↗
Michael G. DennisGlobal Head of Fixed Income2026-09-16D27427274,654CommonForm 4 ↗
Derek SammannSr MD Gl Hd Commodities Mkts2026-09-16D35927297,813CommonForm 4 ↗
William R. ShepardDirector2026-09-25A292.5526978,626CommonForm 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
Lynne FitzpatrickRSU2025-09-15——4,348—$1,125,393
Derek SammannRSU2025-09-15——3,044—787,879
Julie WinklerRSU2025-09-15——3,044—787,879
Derek SammannPSU2025-12-317611,521—3,042549,720
Terrence DuffyPSU2025-12-315,79611,591—23,1824,189,219
Sunil CutinhoPSU2025-12-097611,521—3,042410,853
Lynne FitzpatrickPSU2025-12-311,0872,173—4,346785,366
Derek SammannPSU2025-12-097611,521—3,042410,853
Sunil CutinhoPSU2025-12-317611,521—3,042549,720
Julie WinklerPSU2025-12-317611,521—3,042549,720
Julie WinklerPSU2025-12-097611,521—3,042410,853
Terrence DuffyPSU2025-12-095,79611,591—23,1823,130,961
Lynne FitzpatrickPSU2025-12-091,0872,173—4,346586,971
Sunil CutinhoRSU2025-09-15——3,044—787,879
Terrence DuffyRSU2025-09-15——23,180—5,999,679
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Lynne Fitzpatrick$1,125,393$1,372,337$054.9%
Derek Sammann787,879960,573054.9%
Julie Winkler787,879960,573054.9%
Terrence Duffy5,999,6797,320,180055.0%
Sunil Cutinho787,879960,573054.9%

% 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 CutinhoRSU8,256—2,254,548
Sunil CutinhoRSU3,044—831,256
Julie WinklerRSU2,703—738,135
Sunil CutinhoRSU1,032—281,819
Lynne FitzpatrickRSU4,348—1,187,352
Lynne FitzpatrickRSU2,902—792,478
Lynne FitzpatrickRSU3,604—984,180
Sunil CutinhoRSU2,703—738,135
Julie WinklerRSU3,044—831,256
Julie WinklerRSU1,032—281,819
Lynne FitzpatrickRSU2,703—738,135
Sunil CutinhoRSU3,604—984,180
Julie WinklerRSU1,904—519,944
Julie WinklerRSU3,808—1,039,889
Sunil CutinhoRSU3,808—1,039,889
Julie WinklerRSU8,256—2,254,548
Terrence DuffyRSU27,456—7,497,684
Sunil CutinhoPSU3,042—830,709
Sunil CutinhoRSU1,904—519,944
Julie WinklerRSU3,604—984,180
Lynne FitzpatrickRSU1,450—395,966
Lynne FitzpatrickRSU688—187,879
Lynne FitzpatrickRSU204—55,708
Julie WinklerRSU3,042—830,709
Terrence DuffyRSU29,010—7,922,051
Terrence DuffyRSU62,902—17,177,278
Terrence DuffyRSU23,182—6,330,541
Lynne FitzpatrickRSU4,346—1,186,806
Julie WinklerPSU3,042—830,709
Sunil CutinhoRSU3,042—830,709
Lynne FitzpatrickRSU5,504—1,503,032
Lynne FitzpatrickPSU4,346—1,186,806
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. BitsbergerIndependent171,000145,252——0316,252
Phyllis M. LockettIndependent168,000145,252——0313,252
William W. HobertIndependent72,259239,993——0312,252
William R. ShepardIndependent71,259239,993——0311,252
Howard J. SiegelIndependent61,259239,993——0301,252
Daniel G. KayeIndependent156,000145,252——0301,252
Rahael SeifuIndependent147,583145,252——0292,835
Deborah J. LucasIndependent146,000145,252——0291,252
Martin J. GepsmanIndependent143,250145,252——0288,502
Patrick J. MulchroneIndependent133,000145,252——0278,252
Kathryn BeneshIndependent131,000145,252——0276,252
Robert J. TierneyIndependent126,000145,252——0271,252
Elizabeth A. CookIndependent125,000145,252——0270,252
Bryan T. DurkinIndependent124,000145,252——0269,252
Patrick W. MaloneyIndependent121,000145,252——0266,252
Harold Ford Jr.Independent119,000145,252——0264,252
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$480,000
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
15Paychex Inc.2026John Gibson921,9236,328,5122,124,986881,44810,274,543
16Northern Trust Corp.2025Michael O'Grady1,000,0006,150,11102,730,00010,059,154

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.not disclosedPSU 50 · Options 25 · RSU 25Yes — TSRFW Cook
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%not disclosedYes — Relative TSRJohnson Associates, Inc.
Mastercard Inc.227%PSU 60 · RSU 20 · Options 20NoFW Cook
Moody's Corp.101%PSU 60 · RSU 20 · Options 20NoMeridian
Nasdaq Inc.149%not disclosedYes — TSR relative to S&P 500 companiesExequity
Northern Trust Corp.not disclosedPSU 65 · RSU 35NoMeridian Compensation Partners, LLC
Paychex Inc.not disclosedPSU 60 · Options 25 · RSU 15Yes — Relative TSRFrederic W. Cook & Co., Inc.
S&P Global Inc.108.68%PSU 70 · RSU 30NoPay Governance
T. Rowe Price Group Inc.not disclosedRSU 50 · PRSU 50NoJohnson Associates
The Charles Schwab Corp.116.5%PSU 60 · Options 40NoSemler Brossy Consulting Group LLC
Western Union Co.27%PSU 50 · RSU 30NoMeridian 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.

10d

Frequently asked questions

Who was the highest-paid executive at CME Group in fiscal 2025?
As disclosed, Terrence Duffy (Chairman and Chief Executive Officer) was the highest-paid executive at CME Group in fiscal 2025, with total compensation of $23,394,854.
How does CME Group's chief executive pay compare to its disclosed peer group?
As disclosed, Terrence Duffy's total compensation ranked at the 73rd percentile of CME Group's disclosed peer group.
What is CME Group's CEO-to-median employee pay ratio?
As disclosed, CME Group's CEO-to-median employee pay ratio was 140:1.
How did shareholders vote on CME Group's executive compensation?
As disclosed, 88% of shareholders supported CME Group's executive compensation in the latest say-on-pay vote.
How much does CME Group spend in total on board compensation for fiscal 2025?
As disclosed, CME Group reported total board compensation of $4,959,534 for fiscal 2025.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

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, Lynne Fitzpatrick RSUDEF 14A1900-01-010001628280-26-020500Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1504246–1504255
7Section 03, Derek Sammann RSUDEF 14A1900-01-010001628280-26-020500Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1512188–1512195
8Section 03, Julie Winkler RSUDEF 14A1900-01-010001628280-26-020500Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1520129–1520136
9Section 03, Derek Sammann PSUDEF 14A1900-01-010001628280-26-020500Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
10Section 03, Terrence Duffy PSUDEF 14A1900-01-010001628280-26-020500Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1492901–1492910
11Section 03, Sunil Cutinho PSUDEF 14A1900-01-010001628280-26-020500Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1526567–1526574
12Section 03, Lynne Fitzpatrick PSUDEF 14A1900-01-010001628280-26-020500Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
13Section 03, Derek Sammann PSUDEF 14A1900-01-010001628280-26-020500Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1510656–1510663
14Section 03, Sunil Cutinho PSUDEF 14A1900-01-010001628280-26-020500Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
15Section 03, Julie Winkler PSUDEF 14A1900-01-010001628280-26-020500Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
16Section 03, Julie Winkler PSUDEF 14A1900-01-010001628280-26-020500Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1518597–1518604
17Section 03, Terrence Duffy PSUDEF 14A1900-01-010001628280-26-020500Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1494789–1494798
18Section 03, Lynne Fitzpatrick PSUDEF 14A1900-01-010001628280-26-020500Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1502714–1502721
19Section 03, Sunil Cutinho RSUDEF 14A1900-01-010001628280-26-020500Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1528476–1528483
20Section 03, Terrence Duffy RSUDEF 14A1900-01-010001628280-26-020500Section “Executive Compensation” · grants of plan-based awards table. Filing ↗machine: span 1496324–1496333
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 2048879–2049197
23Section 08, Timothy S. BitsbergerDEF 14A2026-03-230001628280-26-020500Section “Director Compensation”. As printed: 316,252. Filing ↗machine: t325 · r4 · c11 · span 2011294–2011612
24Section 08, Phyllis M. LockettDEF 14A2026-03-230001628280-26-020500Section “Director Compensation”. As printed: 313,252. Filing ↗machine: t325 · r14 · c11 · span 2032333–2032651
25Section 08, William W. HobertDEF 14A2026-03-230001628280-26-020500Section “Director Compensation”. As printed: 312,252. Filing ↗machine: t325 · r12 · c11 · span 2028249–2028567
26Section 08, William R. ShepardDEF 14A2026-03-230001628280-26-020500Section “Director Compensation”. As printed: 311,252. Filing ↗machine: t325 · r20 · c11 · span 2044795–2045113
27Section 08, Howard J. SiegelDEF 14A2026-03-230001628280-26-020500Section “Director Compensation”. As printed: 301,252. Filing ↗machine: t325 · r21 · c11 · span 2046836–2047154
28Section 08, Daniel G. KayeDEF 14A2026-03-230001628280-26-020500Section “Director Compensation”. As printed: 301,252. Filing ↗machine: t325 · r13 · c11 · span 2030289–2030607
29Section 08, Rahael SeifuDEF 14A2026-03-230001628280-26-020500Section “Director Compensation”. As printed: 292,835. Filing ↗machine: t325 · r19 · c11 · span 2042752–2043070
30Section 08, Deborah J. LucasDEF 14A2026-03-230001628280-26-020500Section “Director Compensation”. As printed: 291,252. Filing ↗machine: t325 · r15 · c11 · span 2034375–2034693
31Section 08, Martin J. GepsmanDEF 14A2026-03-230001628280-26-020500Section “Director Compensation”. As printed: 288,502. Filing ↗machine: t325 · r9 · c11 · span 2021709–2022027
32Section 08, Patrick J. MulchroneDEF 14A2026-03-230001628280-26-020500Section “Director Compensation”. As printed: 278,252. Filing ↗machine: t325 · r17 · c11 · span 2038467–2038785
33Section 08, Kathryn BeneshDEF 14A2026-03-230001628280-26-020500Section “Director Compensation”. As printed: 276,252. Filing ↗machine: t325 · r3 · c15 · span 2009487–2009623
34Section 08, Robert J. TierneyDEF 14A2026-03-230001628280-26-020500Section “Director Compensation”. As printed: 271,252. Filing ↗machine: t325 · r23 · c11 · span 2051242–2051624
35Section 08, Elizabeth A. CookDEF 14A2026-03-230001628280-26-020500Section “Director Compensation”. As printed: 270,252. Filing ↗machine: t325 · r6 · c11 · span 2015584–2015902
36Section 08, Bryan T. DurkinDEF 14A2026-03-230001628280-26-020500Section “Director Compensation”. As printed: 269,252. Filing ↗machine: t325 · r7 · c11 · span 2017625–2017943
37Section 08, Patrick W. MaloneyDEF 14A2026-03-230001628280-26-020500Section “Director Compensation”. As printed: 266,252. Filing ↗machine: t325 · r16 · c11 · span 2036420–2036738
38Section 08, Harold Ford Jr.DEF 14A2026-03-230001628280-26-020500Section “Director Compensation”. As printed: 264,252. Filing ↗machine: t325 · r8 · c11 · span 2019666–2019984
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, Terrence Duffy 2026-05-15Form 42026-05-180001212809-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, Terrence Duffy 2026-05-15Form 42026-05-180001212809-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, Hilda Harris Piell 2026-05-18Form 42026-05-190001156375-26-000029Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, Derek Sammann 2026-05-25Form 42026-09-170001475318-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, Derek Sammann 2026-05-25Form 42026-09-170001475318-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
48Section 02, Dennis A. Suskind 2026-06-25Form 42026-06-290001361519-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
49Section 02, Rahael Seifu 2026-06-25Form 42026-06-290001812194-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
50Section 02, Robert J. Tierney 2026-06-25Form 42026-06-290001776581-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
51Section 02, Timothy S. Bitsberger 2026-06-25Form 42026-06-290001434852-26-000003Insider 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, Bryan T. Durkin 2026-06-25Form 42026-06-290001341363-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
54Section 02, Harold Ford Jr. 2026-06-25Form 42026-06-290001156375-26-000037Insider equity transaction reported since the proxy statement. Filing ↗
55Section 02, Harold Ford Jr. 2026-06-25Form 42026-06-290001156375-26-000037Insider equity transaction reported since the proxy statement. Filing ↗
56Section 02, William W. Hobert 2026-06-25Form 42026-06-290001643402-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
57Section 02, Phyllis M. Lockett 2026-06-25Form 42026-06-290001776684-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
58Section 02, Kathryn Benesh 2026-06-25Form 42026-06-290001976318-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
59Section 02, Charles P. Carey 2026-06-25Form 42026-06-290001341358-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
60Section 02, Daniel G. Kaye 2026-06-25Form 42026-06-290001556974-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
61Section 02, Deborah J. Lucas 2026-06-25Form 42026-06-290001329150-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
62Section 02, Patrick J. Mulchrone 2026-06-25Form 42026-06-290001812174-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
63Section 02, William W. Hobert 2026-06-25Form 42026-06-290001643402-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
64Section 02, Howard J. Siegel 2026-06-25Form 42026-06-290001212853-26-000003Insider 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, William R. Shepard 2026-06-25Form 42026-06-290001212852-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
67Section 02, Martin J. Gepsman 2026-06-25Form 42026-06-290001212813-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
68Section 02, Elizabeth A. Cook 2026-06-25Form 42026-06-290001643475-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
69Section 02, Patrick W. Maloney 2026-06-25Form 42026-06-290001812087-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
70Section 02, Howard J. Siegel 2026-06-25Form 42026-06-290001212853-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
71Section 02, William R. Shepard 2026-06-25Form 42026-06-290001212852-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
72Section 02, William R. Shepard 2026-06-25Form 42026-06-290001212852-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
73Section 02, William R. Shepard 2026-08-18Form 42026-09-280001212852-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
74Section 02, William R. Shepard 2026-08-18Form 42026-09-280001212852-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
75Section 02, Terrence Duffy 2026-09-10Form 42026-09-110001212809-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
76Section 02, Terrence Duffy 2026-09-10Form 42026-09-110001212809-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
77Section 02, Elizabeth A. Cook 2026-09-14Form 42026-09-140001156375-26-000054Insider equity transaction reported since the proxy statement. Filing ↗
78Section 02, Sunil Cutinho 2026-09-15Form 42026-09-170001619400-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
79Section 02, Sunil Cutinho 2026-09-15Form 42026-09-170001619400-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
80Section 02, Sunil Cutinho 2026-09-15Form 42026-09-170001619400-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
81Section 02, Michael G. Dennis 2026-09-15Form 42026-09-170001811883-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
82Section 02, Terrence Duffy 2026-09-15Form 42026-09-170001212809-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
83Section 02, Lynne Fitzpatrick 2026-09-15Form 42026-09-170001915955-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
84Section 02, Lynne Fitzpatrick 2026-09-15Form 42026-09-170001915955-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
85Section 02, John Clifford Marchese 2026-09-15Form 42026-09-170002153052-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
86Section 02, John Clifford Marchese 2026-09-15Form 42026-09-170002153052-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
87Section 02, John Clifford Marchese 2026-09-15Form 42026-09-170002153052-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
88Section 02, John Clifford Marchese 2026-09-15Form 42026-09-170002153052-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
89Section 02, Timothy Francis McCourt 2026-09-15Form 42026-09-170001917308-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
90Section 02, Timothy Francis McCourt 2026-09-15Form 42026-09-170001917308-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
91Section 02, Timothy Francis McCourt 2026-09-15Form 42026-09-170001917308-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
92Section 02, Timothy Francis McCourt 2026-09-15Form 42026-09-170001917308-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
93Section 02, Derek Sammann 2026-09-15Form 42026-09-170001475318-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
94Section 02, Derek Sammann 2026-09-15Form 42026-09-170001475318-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
95Section 02, Derek Sammann 2026-09-15Form 42026-09-170001475318-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
96Section 02, Derek Sammann 2026-09-15Form 42026-09-170001475318-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
97Section 02, Suzanne Sprague 2026-09-15Form 42026-09-170001914409-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
98Section 02, Suzanne Sprague 2026-09-15Form 42026-09-170001914409-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
99Section 02, Suzanne Sprague 2026-09-15Form 42026-09-170001914409-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
100Section 02, Suzanne Sprague 2026-09-15Form 42026-09-170001914409-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
101Section 02, Jack J. Tobin 2026-09-15Form 42026-09-170001638430-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
102Section 02, Jack J. Tobin 2026-09-15Form 42026-09-170001638430-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
103Section 02, Jack J. Tobin 2026-09-15Form 42026-09-170001638430-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
104Section 02, Jack J. Tobin 2026-09-15Form 42026-09-170001638430-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
105Section 02, Ken Vroman 2026-09-15Form 42026-09-170001429863-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
106Section 02, Ken Vroman 2026-09-15Form 42026-09-170001429863-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
107Section 02, Ken Vroman 2026-09-15Form 42026-09-170001429863-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
108Section 02, Ken Vroman 2026-09-15Form 42026-09-170001429863-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
109Section 02, Julie Winkler 2026-09-15Form 42026-09-170001692514-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
110Section 02, John Clifford Marchese 2026-09-15Form 42026-09-170002153052-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
111Section 02, Sunil Cutinho 2026-09-15Form 42026-09-170001619400-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
112Section 02, Lynne Fitzpatrick 2026-09-15Form 42026-09-170001915955-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
113Section 02, Lynne Fitzpatrick 2026-09-15Form 42026-09-170001915955-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
114Section 02, Julie Winkler 2026-09-15Form 42026-09-170001692514-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
115Section 02, Michael G. Dennis 2026-09-15Form 42026-09-170001811883-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
116Section 02, Julie Winkler 2026-09-15Form 42026-09-170001692514-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
117Section 02, Julie Winkler 2026-09-15Form 42026-09-170001692514-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
118Section 02, Sunil Cutinho 2026-09-16Form 42026-09-170001619400-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
119Section 02, Lynne Fitzpatrick 2026-09-16Form 42026-09-170001915955-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
120Section 02, John Clifford Marchese 2026-09-16Form 42026-09-170002153052-26-000002Insider equity transaction reported since the proxy statement. Filing ↗
121Section 02, Timothy Francis McCourt 2026-09-16Form 42026-09-170001917308-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
122Section 02, Suzanne Sprague 2026-09-16Form 42026-09-170001914409-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
123Section 02, Jack J. Tobin 2026-09-16Form 42026-09-170001638430-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
124Section 02, Ken Vroman 2026-09-16Form 42026-09-170001429863-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
125Section 02, Julie Winkler 2026-09-16Form 42026-09-170001692514-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
126Section 02, Michael G. Dennis 2026-09-16Form 42026-09-170001811883-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
127Section 02, Derek Sammann 2026-09-16Form 42026-09-170001475318-26-000003Insider equity transaction reported since the proxy statement. Filing ↗
128Section 02, William R. Shepard 2026-09-25Form 42026-09-280001212852-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
129Section 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 ↗
130Section 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 ↗
131Section 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 ↗
132Section 01 trend, Δ column (computed)Computed——Δ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
133Section 03b vehicle mix (computed)Computed——RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
134Section 09b board cost (computed)Computed——Cash 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
135Fiserv 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
136Mastercard 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
137Nasdaq 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
138Equifax 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
139CME 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
140Intercontinental 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
141The 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
142CBOE 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
143Moody'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
144T. 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
145Franklin 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
146Invesco 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
147S&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
148Western 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 ↗
149Paychex Inc., Section 10b CEO totalDEF 14A2026-09-040001193125-26-382805CEO total compensation as printed in Paychex Inc.'s own proxy. As printed: 10,274,543. Filing ↗machine: span 947961–947971
150Northern 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
151Section 10a, Western Union Co. reciprocityDEF 14A—0001206774-26-000167Western Union Co.'s most recent proxy was read; its disclosed peer group does not include CME Group. Filing ↗
152Section 10a, Paychex Inc. reciprocityDEF 14A—0001193125-26-382805Paychex Inc.'s most recent proxy was read; its disclosed peer group does not include CME Group. Filing ↗
153Section 10a, S&P Global Inc. reciprocityDEF 14A—0001104659-26-037380S&P Global Inc. names CME Group in its own disclosed peer group (read from its most recent proxy). Filing ↗
154Section 10a, Invesco Ltd. reciprocityDEF 14A—0001193125-26-140019Invesco Ltd.'s most recent proxy was read; its disclosed peer group does not include CME Group. Filing ↗
155Section 10a, The Charles Schwab Corp. reciprocityDEF 14A—0001193125-26-142826The Charles Schwab Corp.'s most recent proxy was read; its disclosed peer group does not include CME Group. Filing ↗
156Section 10a, Northern Trust Corp. reciprocityDEF 14A—0000073124-26-000022Northern Trust Corp.'s most recent proxy was read; its disclosed peer group does not include CME Group. Filing ↗
157Section 10a, Franklin Resources Inc. reciprocityDEF 14A—0001140361-25-046314Franklin Resources Inc.'s most recent proxy was read; its disclosed peer group does not include CME Group. Filing ↗
158Section 10a, CBOE Global Markets Inc. reciprocityDEF 14A—0001628280-26-022939CBOE Global Markets Inc. names CME Group in its own disclosed peer group (read from its most recent proxy). Filing ↗
159Section 10a, Mastercard Inc. reciprocityDEF 14A—0001141391-26-000021Mastercard Inc.'s most recent proxy was read; its disclosed peer group does not include CME Group. Filing ↗
160Section 10a, Fiserv Inc. reciprocityDEF 14A—0001140361-26-013003Fiserv Inc.'s most recent proxy was read; its disclosed peer group does not include CME Group. Filing ↗
161Section 10a, Moody's Corp. reciprocityDEF 14A—0001059556-26-000019Moody's Corp. names CME Group in its own disclosed peer group (read from its most recent proxy). Filing ↗
162Section 10a, Nasdaq Inc. reciprocityDEF 14A—0001628280-26-027245Nasdaq Inc. names CME Group in its own disclosed peer group (read from its most recent proxy). Filing ↗
163Section 10a, T. Rowe Price Group Inc. reciprocityDEF 14A—0001104659-26-028876T. Rowe Price Group Inc.'s most recent proxy was read; its disclosed peer group does not include CME Group. Filing ↗

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