Form 4 for NDAQ Nasdaq, Inc.
Accepted 2026-03-10 00:00:00 ET · period of report 2026-03-06 · accession 0001193125-26-100106 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DT | 2026-03-10 | 2026-03-06 | NDAQ | FRIEDMAN ADENA T | COB, CEO, Dir | M - OptEx | $22.22 | +92.8K | 2.17M | +4% | +$2.06M |
| DT | 2026-03-10 | 2026-03-06 | NDAQ | FRIEDMAN ADENA T | COB, CEO, Dir | S - Sale+OE | $90.08 | -92.8K | 2.08M | -4% | -$8.36M |
| DT | 2026-03-10 | 2026-03-06 | NDAQ | FRIEDMAN ADENA T | COB, CEO, Dir | M - OptEx | $0.00 | -92.8K | 113.6K | -45% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock, par value $0.01 per share | 2026-03-06 | M | A | 92,840 | $22.22 | 2,172,163 | D | — | — | |
| 2 | Common | Common Stock, par value $0.01 per share | 2026-03-06 | S | D | 92,840 | $90.08 | 2,079,323 | D | — | — | (F2) The price reported in this box is a weighted average price. These shares were sold in multiple transactions at prices ranging from $90.00 to $90.37, inclusive. The reporting person undertakes to provide to the Issuer, any of its security holders, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. (F3) Represents (i) 440,450 shares or units of restricted stock, of which 314,204 are vested, (ii) 1,525,520 shares of Common Stock underlying PSUs, 1,483,780 of which are vested, (iii) 10,000 shares of Common Stock acquired through open market purchases, and (iv) 103,353 shares granted under the Issuer's Equity Incentive Plan or the Issuer's Employee Stock Purchase Plan when the reporting person was an employee of the Issuer prior to returning as President in 2014. |
| 3 | Derivative | Employee Stock Option (Right to Buy) | 2026-03-06 | M | D | 92,840 | $0.00 | 113,611 | D | $22.22 · — to 2027-01-03 | 92,840 Common Stock | (F5) The option is currently exercisable. |