LIPSCOMB TIMOTHY (EVP, Chief Technology Officer) exercised options at CBOE GLOBAL MARKETS, INC.

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 4 exercises

LIPSCOMB TIMOTHY

Filed: 2/23/2026ACC: 0002059190-26-000001

InsiderLIPSCOMB TIMOTHYCIK 2059190

→

IssuerCBOE GLOBAL MARKETS, INC.CIK 1374310

Officer· EVP, Chief Technology Officer

Since Feb 2026

+1.19K

Net shares

Net buyer

$246.1K

Total sold

Open market trades

0B · 0S

Total transactions

3.94K acquired · 2.74K disposed

Non-Derivative Transactions8

Common Stock

Direct

M · Option Exercise

+416.00

Price / share

$286.17

Trade value

$119.05K

% of position

25.7%

2/19/2026

1.62K→2.03K

Common Stock

Direct

F · Tax Withholding

−207.00

Price / share

$286.17

Trade value

$59.24K

% of position

10.2%

2/19/2026

2.03K→1.82K

Common Stock

Direct

M · Option Exercise

+125.00

Price / share

$286.17

Trade value

$35.77K

% of position

6.8%

2/19/2026

1.82K→1.95K

Common Stock

Direct

F · Tax Withholding

−57.00

Price / share

$286.17

Trade value

$16.31K

% of position

2.9%

2/19/2026

1.95K→1.89K

Common Stock

Direct

M · Option Exercise

+796.00

Price / share

$286.17

Trade value

$227.79K

% of position

42.0%

2/19/2026

1.89K→2.69K

Common Stock

Direct

F · Tax Withholding

−354.00

Price / share

$286.17

Trade value

$101.30K

% of position

13.2%

2/19/2026

2.69K→2.33K

Common Stock

Direct

M · Option Exercise

+545.00

Price / share

$286.17

Trade value

$155.96K

% of position

23.3%

2/19/2026

2.33K→2.88K

Common Stock

Direct

F · Tax Withholding

−242.00

Price / share

$286.17

Trade value

$69.25K

% of position

8.4%

2/19/2026

2.88K→2.64K

Total

Net shares

+1.02K

Net value

$292.47K

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	2/19/2026	M · Option Exercise	+416.00	$286.17	$119.05K	25.7%	1.62K	2.03K
Common Stock Direct	2/19/2026	F · Tax Withholding	−207.00	$286.17	$59.24K	10.2%	2.03K	1.82K
Common Stock Direct	2/19/2026	M · Option Exercise	+125.00	$286.17	$35.77K	6.8%	1.82K	1.95K
Common Stock Direct	2/19/2026	F · Tax Withholding	−57.00	$286.17	$16.31K	2.9%	1.95K	1.89K
Common Stock Direct	2/19/2026	M · Option Exercise	+796.00	$286.17	$227.79K	42.0%	1.89K	2.69K
Common Stock Direct	2/19/2026	F · Tax Withholding	−354.00	$286.17	$101.30K	13.2%	2.69K	2.33K
Common Stock Direct	2/19/2026	M · Option Exercise	+545.00	$286.17	$155.96K	23.3%	2.33K	2.88K
Common Stock Direct	2/19/2026	F · Tax Withholding	−242.00	$286.17	$69.25K	8.4%	2.88K	2.64K
Total			+1.02K		$292.47K

Derivative Transactions5

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

796.00 shares

−796.00

Strike price

Held after

0.00

Exercisable

—

2/19/2026

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

545.00 shares

−545.00

Strike price

Held after

545.00

Exercisable

—

2/19/2026

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

416.00 shares

−416.00

Strike price

Held after

833.00

Exercisable

—

2/19/2026

Restricted Stock Units

Direct

M · Option Exercise

Converts to

Common Stock

125.00 shares

−125.00

Strike price

Held after

251.00

Exercisable

—

2/19/2026

Restricted Stock Units

Direct

A · Award

Converts to

Common Stock

2.05K shares

+2.05K

Strike price

Held after

2.05K

Exercisable

—

2/19/2026

Security	Converts To	Date	Type	Shares	Exercisable	Held After
Restricted Stock Units Direct	Common Stock796.00 shares	2/19/2026	M · Option Exercise	−796.00	—	0.00
Restricted Stock Units Direct	Common Stock545.00 shares	2/19/2026	M · Option Exercise	−545.00	—	545.00
Restricted Stock Units Direct	Common Stock416.00 shares	2/19/2026	M · Option Exercise	−416.00	—	833.00
Restricted Stock Units Direct	Common Stock125.00 shares	2/19/2026	M · Option Exercise	−125.00	—	251.00
Restricted Stock Units Direct	Common Stock2.05K shares	2/19/2026	A · Award	+2.05K	—	2.05K