CME GROUP INC.
For the period ended Dec 31, 2025. Filed Mar 23, 2026.
View on SEC.govAbout this filing
What shareholders are asked to vote on at a company's meeting. It is where to find what directors and top executives are paid, and who owns the most shares.
Dec 31, 2025 · Filed Mar 23, 2026
Contents
Pay Versus Performance
| Year · Summary Compensation Table Total for Terrence A. Duffy1 ($) · Compensation Actually Paid to Terrence A. Duffy1,2,3($) · Average Summary Compensation Table Total for Non-PEO NEOs1($) · Average Compensation Actually Paid to Non-PEO NEOs1,2,3 ($) · Value of Initial Fixed $100 Investment based on:4 · Net Income($ Millions) · Cash Earnings5($ Millions) | ||||||||
|---|---|---|---|---|---|---|---|---|
| TSR($) · Peer Group TSR ($) | ||||||||
| 2025 | $23,394,854 | $38,204,401 | $3,724,892 | $5,894,420 | $181.29 | $164.59 | $4,072 | $4,238 |
| 2024 | 23,945,589 | 26,813,826 | 3,425,778 | 3,983,777 | 151.29 | 152.01 | 3,526 | 3,865 |
| 2023 | 23,468,000 | 34,175,281 | 3,803,969 | 4,637,219 | 131.06 | 126.59 | 3,226 | 3,573 |
| 2022 | 22,943,077 | 12,471,976 | 3,408,739 | 1,212,892 | 99.82 | 103.97 | 2,691 | 3,088 |
| 2021 | 22,924,737 | 26,891,265 | 3,321,407 | 4,505,841 | 129.46 | 119.73 | 2,637 | 2,583 |
1 Terrence A. Duffy was our PEO for each year presented. The individuals comprising the Non-PEO named executive officers for each year presented are listed below.
| 2021 | 2022 | 2023 | 2024 | 2025 |
| John W. Pietrowicz | John W. Pietrowicz | Lynne C. Fitzpatrick | Lynne C. Fitzpatrick | Lynne C. Fitzpatrick |
| Kevin D. Kometer | Julie Holzrichter | Julie Holzrichter | Derek L. Sammann | Derek L. Sammann |
| Julie Holzrichter | Sean P. Tully | Derek L. Sammann | Julie M. Winkler | Julie M. Winkler |
| Sunil K. Cutinho | Sunil K. Cutinho | Sunil K. Cutinho | Sunil K. Cutinho | Sunil K. Cutinho |
| John W. Pietrowicz | ||||
2 The amounts shown for "Compensation Actually Paid" have been calculated in accordance with Item 402(v) of Regulation S-K and do not reflect compensation actually earned, realized, or received by the company's NEOs. These amounts reflect the "Total" from the Summary Compensation Table with certain adjustments as described in footnote 3 below.
3"Compensation Actually Paid" reflects the exclusions and inclusions of certain amounts for the PEO and the Non-PEO NEOs as set forth below. Equity values are calculated in accordance with Financial Accounting Standards Board ASC Topic 718. Amounts in the "Exclusion of Stock Awards" column are the amounts from the "Stock Awards" column set forth in the Summary Compensation Table. Amounts in the "Exclusion of Change in Pension Value" column reflect the amounts attributable to the "Change in Pension Value" reported in the Summary Compensation Table. Amounts in the "Inclusion of Pension Service Cost" are based on the service cost for services rendered during the listed year.
| 96 | CME GROUP | 2026 PROXY STATEMENT |
| TABLE OF CONTENTS | EXECUTIVE COMPENSATION |
|---|
| Year · Summary Compensation Table Total for Terrence A. Duffy ($) · Exclusion of Change in Pension Value for Terrence A. Duffy ($) · Exclusion of Stock Awards for Terrence A. Duffy ($) · Inclusion of Pension Service Cost for Terrence A. Duffy ($) · Inclusion of Equity Values for Terrence A. Duffy ($) · Compensation Actually Paid to Terrence A. Duffy ($) | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| 2025 | 23,394,854 | (56,690) | (13,319,860) | 25,361 | 28,160,736 | 38,204,401 | |||
| 2024 | 23,945,589 | (58,832) | (13,512,333) | 26,185 | 16,413,217 | 26,813,826 | |||
| 2023 | 23,468,000 | (55,146) | (12,594,380) | 24,427 | 23,332,380 | 34,175,281 | |||
| 2022 | 22,943,077 | (36,092) | (12,530,269) | 25,060 | 2,070,200 | 12,471,976 | |||
| 2021 | 22,924,737 | (35,942) | (11,563,324) | 24,198 | 15,541,596 | 26,891,265 | |||
| Year | Average Summary Compensation Table Total for Non-PEO NEOs ($) | Average Exclusion of Change in Pension Value for Non-PEO NEOs ($) | Average Exclusion of Stock Awards for Non-PEO NEOs ($) | Average Inclusion of Pension Service Cost for Non-PEO NEOs($) | Average Inclusion of Equity Values for Non-PEO NEOs ($) | Average Compensation Actually Paid to Non-PEO NEOs ($) |
|---|---|---|---|---|---|---|
| 2025 | 3,724,892 | (54,153) | (1,935,770) | 21,532 | 4,137,919 | 5,894,420 |
| 2024 | 3,425,778 | (20,778) | (1,773,691) | 21,469 | 2,330,999 | 3,983,777 |
| 2023 | 3,803,969 | (65,419) | (2,082,032) | 21,610 | 2,959,091 | 4,637,219 |
| 2022 | 3,408,739 | 0 | (1,703,264) | 26,028 | (518,610) | 1,212,892 |
| 2021 | 3,321,407 | (28,338) | (1,951,311) | 24,227 | 3,139,856 | 4,505,841 |
The amounts in the "Inclusion of Equity Values" in the tables above are derived from the amounts set forth in the following tables:
| Year | Year-End Fair Value of Equity Awards Granted During Year That Remained Unvested as of Last Day of Year for Terrence A. Duffy($) | Change in Fair Value from Last Day of Prior Year to Last Day of Year of Unvested Equity Awards for Terrence A. Duffy($) | Vesting-Date Fair Value of Equity Awards Granted During Year that Vested During Year for Terrence A. Duffy ($) | Change in Fair Value from Last Day of Prior Year to Vesting Date of Unvested Equity Awards that Vested During Year for Terrence A. Duffy($) | Fair Value at Last Day of Prior Year of Equity Awards Forfeited During Year for Terrence A. Duffy($) | Value of Dividends or Other Earnings Paid on Stock or Option Awards Not Otherwise Included for Terrence A. Duffy($) | Total - Inclusion of Equity Values for Terrence A. Duffy($) |
|---|---|---|---|---|---|---|---|
| 2025 | 7,354,433 | 13,762,625 | 6,358,969 | 684,709 | 0 | 0 | 28,160,736 |
| 2024 | 7,395,740 | 2,137,573 | 6,566,926 | 312,978 | 0 | 0 | 16,413,217 |
| 2023 | 6,481,849 | 10,556,378 | 6,294,153 | 0 | 0 | 0 | 23,332,380 |
| 2022 | 6,530,171 | (9,033,730) | 5,461,954 | (888,195) | 0 | 0 | 2,070,200 |
| 2021 | 12,602,892 | 2,049,192 | 0 | 889,511 | 0 | 0 | 15,541,596 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.