S&P Global Inc. (NYSE: SPGI) disclosed in a current report on Form 8-K, filed with the Securities and Exchange Commission for events dated June 30, 2026, that it has completed the separation of Mobility Global Inc. as an independent, publicly traded company. The report, filed under Items 1.01, 2.01, 8.01 and 9.01 by the New York-based company at 55 Water Street, states that the previously announced spin-off became effective at 12:01 a.m. New York City time on July 1, 2026, which the filing defines as the “Distribution Date.” Following the transaction, S&P Global states that it retains no ownership interest in Mobility Global.

Under Item 2.01, Completion of Acquisition or Disposition of Assets, the filing describes the mechanics of the distribution. The report states that, effective as of 12:01 a.m. New York City time on the Distribution Date, the common stock of Mobility Global was distributed on a pro-rata basis to S&P Global's stockholders of record as of the close of business on June 15, 2026, which the filing defines as the “Record Date.” The distribution covered 100% of the shares of Mobility Global common stock. The exchange ratio is set out plainly in the report.

S&P Global stockholders of record received one share of Mobility Global common stock for every share of S&P Global common stock.— S&P Global Inc., Form 8-K, source

The 8-K states that fractional shares of Mobility Global common stock were not delivered in the distribution. According to the filing, any fractional share otherwise issuable to an S&P Global stockholder will be sold in the open market on that stockholder's behalf, and the stockholder will receive a cash payment. The report says that following the distribution Mobility Global became an independent, publicly traded company with its common stock listed under the symbol “MBGL” on the New York Stock Exchange.

What is being spun off

The filing identifies the separated operation as the “Spin Business.” It describes that business as comprising the business of S&P Global and its subsidiaries with respect to providing analytics, marketing, planning solutions, reports, forecasts and vehicle history data for the automotive sector, which operated under the S&P Global Mobility division. The 8-K states that the separation was achieved through S&P Global's distribution of the Mobility Global shares after certain restructuring transactions were completed, which the report defines as the “Restructuring Transactions.” The current report does not restate the unit's revenue or earnings; Item 9.01 states that the pro forma financial information required by that item will be filed by amendment to the Form 8-K not later than four business days after the Distribution Date.

The agreements that govern the split

Under Item 1.01, Entry into a Material Definitive Agreement, the filing reports that S&P Global and Mobility Global entered into a set of agreements to effect and govern the separation, each dated June 30, 2026: a Separation and Distribution Agreement, a Transition Services Agreement, a Tax Matters Agreement and an Employee Matters Agreement. The report states that the Separation and Distribution Agreement governs the overall terms of the separation, including the restructuring steps, the assets and rights transferred and the liabilities assumed, and that unless otherwise provided, all assets were transferred on an “as is, where is” basis. According to the filing, the agreement provides for uncapped cross-indemnities principally designed to place financial responsibility for the obligations and liabilities of the Spin Business with Mobility Global and for the obligations and liabilities of S&P Global's retained businesses with S&P Global. The filing adds that Mobility Global both grants and receives non-exclusive licenses under certain intellectual property so that each company can continue operating its respective business after the distribution.

The Tax Matters Agreement governs the parties' respective rights and obligations with respect to taxes. The filing states that the agreement addresses taxes arising in the ordinary course of business and any taxes incurred as a result of the failure of certain of the Restructuring Transactions, including the distribution and certain related transactions, to qualify for tax-free treatment for U.S. federal income tax purposes. According to the report, Mobility Global agreed to covenants containing restrictions intended to preserve the tax-free treatment of the separation, and it may take certain prohibited actions only if it first obtains a ruling from the IRS or an opinion from a tax adviser acceptable to S&P Global, or S&P Global's prior written consent, that the action will not jeopardize the tax-free treatment.

How the disclosure is packaged

Item 8.01, Other Events, states that on July 1, 2026 S&P Global issued a press release announcing the completion of the separation, and that the full text of the release is filed as Exhibit 99.1 and incorporated by reference. The exhibit list attached to the report names the four agreements as Exhibits 2.1, 10.1, 10.2 and 10.3, the press release as Exhibit 99.1, and the cover-page interactive data file as Exhibit 104, formatted in Inline XBRL. The filing's cover checkboxes indicate the report is intended to satisfy written-communications, soliciting-material and pre-commencement obligations under the merger-communication rules. Mobility Global filed its own current report memorializing the transaction from the newly public company's side.

For a reader parsing the record rather than the market reaction, the facts stated directly are these. S&P Global completed the separation of its automotive-data unit, Mobility Global, effective July 1, 2026. The distribution covered 100% of Mobility Global's common stock, delivered on a pro-rata basis to S&P Global holders of record as of June 15, 2026, at a ratio of one Mobility Global share for every S&P Global share, with fractional shares sold for cash. Mobility Global now trades on the NYSE under “MBGL,” S&P Global retains no ownership interest, and the transaction was structured with the intention of qualifying as tax-free for U.S. federal income tax purposes. The pro forma financial statements that would quantify S&P Global's remaining business are, per the report, still to come by amendment within four business days of the Distribution Date.