SPGIS&P GLOBAL INC.
8-K8.019.01

May 21, 2026

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SPGI 8-K — Smart Summary

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On May 20, 2026, S&P Global Inc.'s Board of Directors approved the separation of its Mobility division via a pro rata distribution of 100% of Mobility Global Inc. common stock to S&P Global shareholders, with an effective distribution date of July 1, 2026. Following the separation, Mobility Global will be an independent public company listed on the New York Stock Exchange under the ticker symbol 'MBGL.'

Item 8.01Other Events

Acquisition / Divestiture

  • Separation structure: pro rata distribution of 100% of outstanding shares of Mobility Global Inc. common stock to holders of S&P Global (NYSE: SPGI) common stock
  • Distribution ratio: one share of Mobility Global common stock for every share of S&P Global common stock held at the close of business on the record date of June 15, 2026
  • Distribution effective date: 12:01 a.m. New York City time on July 1, 2026
  • Following the separation, S&P Global will retain no ownership interest in Mobility Global
  • Fractional shares will not be distributed; fractional entitlements will be sold in the open market and shareholders will receive a cash payment based on their pro rata portion of net cash proceeds
  • Conditions include: Mobility Global's Form 10 registration statement declared effective by the SEC, and no Board determination that proceeding is inadvisable

Other

  • 'When-issued' trading of Mobility Global common stock expected to commence on or about June 26, 2026 under the symbol 'MBGL WI,' continuing through June 30, 2026
  • 'Regular-way' trading of Mobility Global common stock expected to begin July 1, 2026 on the New York Stock Exchange under ticker 'MBGL'
  • From on or about June 26, 2026 through June 30, 2026, S&P Global shares may trade either with ('SPGI') or without ('SPGI WI') the right to receive Mobility Global shares
  • S&P Global expects to deliver an information statement to all shareholders entitled to receive the distribution prior to the distribution date
  • Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC are serving as financial advisors; Davis Polk & Wardwell LLP is serving as legal counsel to S&P Global
  • Mobility Global's portfolio includes CARFAX, automotiveMastermind, Polk Automotive Solutions, and Market Scan
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