SPGI 8-K
S&P Global Inc. (SPGI)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 7.01 Regulation FD Disclosure
On May 7, 2026, S&P Global Inc. (“S&P Global”) issued a press release announcing the filing of a registration statement on Form 10 (“Form 10”) with the Securities and Exchange Commission by Mobility Global Inc. (“Mobility Global”) in connection with S&P Global’s previously announced separation of its Mobility division into an independent, public company. A copy of the press release is furnished hereto as Exhibit 99.1.
The information contained in this Item 7.01, including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed filed for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of Section 18. Furthermore, the information contained in this report shall not be deemed to be incorporated by reference into any registration statement or other document filed pursuant to the Securities Act of 1933, as amended.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits.
| Exhibit No. | Description | |
| 99.1 | Press Release issued by S&P Global Inc., dated May 7, 2026, announcing the filing of a registration statement on Form 10 by Mobility Global. | |
| 104 | Cover Page Interactive Data File (embedded within the Inline XBRL document). |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| Dated: May 7, 2026 | S&P Global Inc. | |
| By: | /s/ Judah Bareli | |
| Judah Bareli | ||
| Vice President, Associate General Counsel & Corporate Secretary | ||
Exhibit 99.1
S&P Global Announces Public Filing of
Form 10 Registration Statement for Planned Separation of Mobility Global
NEW YORK, May 7, 2026 - S&P Global Inc. (NYSE: SPGI) announced today the public filing of a Form 10 registration statement (“Form 10”) with the U.S. Securities and Exchange Commission in connection with its previously announced separation of its Mobility division into an independent, public company, Mobility Global Inc. (“Mobility Global”).
The filing provides detailed information on Mobility Global’s business, strategy and historical financial results.
Bill Eager, President of S&P Global Mobility and Chief Executive Officer of Mobility Global, said, “Mobility Global is the world’s standard for automotive data and intelligence. OEMs, suppliers, dealers and consumers rely on our portfolio of category-defining brands including CARFAX, Polk and automotiveMastermind. As we prepare to launch as an independent public company, we are energized by the runway ahead to deliver on our mission: provide trusted information that helps billions of people build, sell and own vehicles with more confidence.”
S&P Global expects to complete the separation of its Mobility division in mid-2026, subject to the satisfaction of customary legal and regulatory requirements and approvals, including final approval by the S&P Global Board of Directors and the Form 10 registration statement being declared effective by the U.S. Securities and Exchange Commission.
The Form 10 registration statement is available at www.sec.gov under “Mobility Global Inc.”
About S&P Global
S&P Global (NYSE: SPGI) enables businesses, governments, and individuals with trusted data, expertise and technology to make decisions with conviction. We are Advancing Essential Intelligence through world-leading benchmarks, data, and insights that customers need in order to plan confidently, act decisively, and thrive in a rapidly changing global landscape.
From helping our customers assess new investments across the capital and commodities markets to navigating the energy expansion, acceleration of artificial intelligence, and evolution of public and private markets, we enable the world’s leading organizations to unlock opportunities, solve challenges, and plan for tomorrow – today. Learn more at www.spglobal.com.
Investor Relations: https://investor.spglobal.com
About Mobility Global
Mobility Global is the world’s standard for mobility intelligence, providing critical data and analytics across the full vehicle lifecycle. Its portfolio of trusted brands and products includes CARFAX, automotiveMastermind, Polk Automotive Solutions, and Market Scan, supporting the world’s major automakers, suppliers, dealer groups, media, financial institutions, and consumers with data, forecast, insights, technology, and innovation. Additional information about the planned separation is available at https://investor.spglobal.com.
Contacts:
S&P Global Investor Relations:
Mark Grant
Senior Vice President, Investor Relations and Treasurer
Tel: +1 (347) 640-1521
Media:
Christina Twomey
Chief Communications Officer, S&P Global
Tel: +1 (646) 407-3001
[email protected]
Mobility Global Investor Relations:
Tejal Engman
Managing Director, Investor Relations
[email protected]
Media:
[email protected]
Forward-Looking Statements
This press release contains “forward-looking statements,” as defined in the Private Securities Litigation Reform Act of 1995. These statements, which express management’s current views concerning future events, trends, contingencies or results, appear at various places in this press release and use words like “anticipate,” “assume,” “believe,” “continue,” “estimate,” “expect,” “forecast,” “future,” “intend,” “plan,” “potential,” “predict,” “project,” “strategy,” “target” and similar terms, and future or conditional tense verbs like “could,” “may,” “might,” “should,” “will” and “would.” For example, management may use forward-looking statements when addressing topics such as: the outcome of contingencies; future actions by regulators; changes in the business strategies and methods of generating revenue of S&P Global Inc. (the “Company”); the development and performance of the Company’s services and products; the expected impact of acquisitions and dispositions; the Company’s effective tax rates; the Company’s cost structure, dividend policy, cash flows or liquidity; and the anticipated separation of S&P Global Mobility (“Mobility”) into a standalone public company.
Forward-looking statements are subject to inherent risks and uncertainties. Factors that could cause actual results to differ materially from those expressed or implied in forward-looking statements include, among other things:
| · | worldwide economic, financial, political, and regulatory conditions (including slower GDP growth or recession, restrictions on trade (e.g., tariffs), instability in the banking sector and inflation), and factors that contribute to uncertainty and volatility (e.g., supply chain risk), geopolitical uncertainty (including military conflict), natural and man-made disasters, civil unrest, public health crises (e.g., pandemics), and conditions that result from legislative, regulatory, trade and policy changes, including from the U.S. administration; |
| · | the volatility and health of debt, equity, commodities, energy and automotive markets, including credit quality and spreads, the composition and mix of credit maturity profiles, the level of liquidity and future debt issuances, equity flows from active to passive, fluctuations in average asset prices in global equities, demand for investment products that track indices and assessments and trading volumes of certain exchange traded derivatives; |
| · | the demand and market for credit ratings in and across the sectors and geographies where the Company operates; |
| · | the Company’s ability to maintain adequate physical, technical and administrative safeguards to protect the security of confidential information and data, or protect against a system or network disruption that results in regulatory penalties and remedial costs or improper disclosure of confidential information or data; |
| · | the outcome of litigation, government and regulatory proceedings, investigations and inquiries; |
| · | concerns in the marketplace affecting the Company’s credibility or otherwise affecting market perceptions of the integrity or utility of independent credit ratings, benchmarks, indices and other services; |
| · | the level of merger and acquisition activity in the United States and abroad; |
| · | the level of the Company’s future cash flows and capital investments; |
| · | the effect of competitive products (including those incorporating artificial intelligence ("AI")) and pricing, including the level of success of new product developments and global expansion; |
| · | the impact of customer cost-cutting pressures; |
| · | a decline in the demand for our products and services by our customers and other market participants; |
| · | our ability to develop new products or technologies, to integrate our products with new technologies (e.g., AI), or to compete with new products or technologies offered by new or existing competitors; |
| · | the introduction of competing products (including those developed by AI) or technologies by other companies; |
| · | our ability to protect our intellectual property from unauthorized use and infringement, including by others using AI technologies, and to operate our business without violating third-party intellectual property rights, including through our own use of AI in our products and services; |
| · | our ability to attract, incentivize and retain key employees, especially in a competitive business environment; |
| · | our ability to successfully navigate key organizational changes; |
| · | the continuously evolving regulatory environment in Europe, the United States and elsewhere around the globe affecting each of our businesses and the products they offer, and our compliance therewith; |
| · | the Company’s exposure to potential criminal sanctions or civil penalties for noncompliance with foreign and U.S. laws and regulations that are applicable in the jurisdictions in which it operates, including sanctions laws relating to countries such as Iran, Russia and Venezuela, anti-corruption laws such as the U.S. Foreign Corrupt Practices Act and the U.K. Bribery Act of 2010, and local laws prohibiting corrupt payments to government officials, as well as import and export restrictions; |
| · | the Company’s ability to make acquisitions and dispositions and successfully integrate the businesses we acquire; |
| · | consolidation of the Company’s customers, suppliers or competitors; |
| · | the ability of the Company, and its third-party service providers, to maintain adequate physical and technological infrastructure; |
| · | the Company’s ability to successfully recover from a disaster or other business continuity problem, such as an earthquake, hurricane, flood, civil unrest, protests, military conflict, terrorist attack, outbreak of pandemic or contagious diseases, security breach, cyber attack, data breach, power loss, telecommunications failure or other natural or man-made event; |
| · | the impact on the Company’s revenue and net income caused by fluctuations in foreign currency exchange rates; |
| · | the impact of changes in applicable tax or accounting requirements on the Company; |
| · | the separation of Mobility not being consummated within the anticipated time period or at all; |
| · | the ability of the separation of Mobility to qualify for tax-free treatment for U.S. federal income tax purposes; |
| · | any disruption to the Company’s business in connection with the proposed separation of Mobility; |
| · | any loss of synergies from separating the businesses of Mobility and the Company that adversely impact the results of operations of both businesses, or the companies resulting from the separation of Mobility not realizing all of the expected benefits of the separation; and |
| · | following the separation of Mobility, the combined value of the common stock of the two publicly-traded companies not being equal to or greater than the value of the Company’s common stock had the separation not occurred. |
The factors noted above are not exhaustive. The Company and its subsidiaries operate in a dynamic business environment in which new risks emerge frequently. Accordingly, the Company cautions readers not to place undue reliance on any forward-looking statements, which speak only as of the dates on which they are made. The Company undertakes no obligation to update or revise any forward-looking statement to reflect events or circumstances arising after the date on which it is made, except as required by applicable law. Further information about the Company’s businesses, including information about factors that could materially affect its results of operations and financial condition, is contained in the Company’s filings with the SEC, including Item 1A, Risk Factors in our most recently filed Annual Report on Form 10-K.