Steven J. Kemps, EVP and Chief Legal Officer at S&P Global (SPGI), has demonstrated a consistent pattern of selling activity in the company’s stock over the past several years, with no recent purchases recorded in SEC filings. His transactions, totaling 28 trades since 2023, show a clear net disposition of shares, with $4.18 million in total sales compared to $2.38 million in acquisitions—a nearly 2:1 ratio favoring sales. The bulk of his selling occurred in two notable transactions: a $1.88 million sale on March 4, 2025, and a $1.23 million sale on February 24, 2026. Smaller but repeated dispositions appear tied to year-end activity, with multiple sales in late December each year, including $292,343 and $291,845 in December 2024, and $275,404 and $306,760 in December 2025.
Kemps’ transactions are exclusively in SPGI stock, with no diversification into other securities. The filings indicate that many of these sales were classified as "M" (open market) or "F" (tax-related), suggesting routine portfolio management rather than abrupt divestment. While his most recent filings from early 2026 show no new transactions, the historical trend leans toward periodic, structured selling rather than accumulation. The absence of recent buys—coupled with the scale of his dispositions—reinforces a long-term reduction in his SPGI holdings, though the sales appear methodical rather than reactionary.
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