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NDAQNasdaq, Inc.

Financials · Exchanges & Brokers · Nasdaq
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Planned sales, announced before they happen

4 trading plans running, 31 Form 144 notices for $92.2M

10-Q, 10-K and Form 144
Plans running now
4
Adena T. Friedman, Jeremy Skule, Bryan Smith
Plans adoptedList ↓
15
reported since May 4, 2023
Form 144 noticesList ↓
31
$92.2M the sellers expected to sell

What NDAQ's directors and officers said they would sell, before they sold: trading plans the company reports each quarter, and the Form 144 notices sellers file on the day of a planned sale. Most of these sales are routine, such as selling shares from vesting stock awards.

Trading plans

Plans adopted or ended

XBRL, 10-Q and 10-K
InsiderWhatDateSharesRuns toReported in
Adena T. Friedman
Chair and Chief Executive Officer
Adopted 10b5-1 plan Sep 13, 2026 up to 100,000 Dec 31, 2027 10-Q Oct 22, 2026
What the company wrote
on September 13, 2026 , Adena T. Friedman , Chair and Chief Executive Officer , adopted a Rule 10b5-1 trading plan to arrange for, over a period of time in 2027, the sale of up to 100,000 shares of our common stock. The sale may begin as early as January 4, 2027, pursuant to the terms of the trading plan, and the plan expires on December 31, 2027 .
Jeremy Skule
Executive Vice President and Chief Strategy Officer; Executive Chair, Financial Crime Management Technology
Adopted 10b5-1 plan May 7, 2026 up to 18,000 Mar 31, 2027 10-Q Jul 23, 2026
What the company wrote
on May 7, 2026 , Jeremy Skule , Executive Vice President and Chief Strategy Officer; Executive Chair, Financial Crime Management Technology , adopted a Rule 10b5-1 trading plan for the sale of up to 18,000 shares of our common stock subject to certain conditions and which plan expires on March 31, 2027 .
Bryan Smith
Chief People Officer
Adopted 10b5-1 plan Mar 12, 2026 up to 7,556 Jun 11, 2027 10-Q Apr 24, 2026
What the company wrote
on March 12, 2026 , Bryan Smith , Chief People Officer , adopted a Rule 10b5-1 trading plan for the sale of up to 7,556 shares of our common stock subject to certain conditions and which plan expires on June 11, 2027 .
Adena T. Friedman
Chair and Chief Executive Officer
Adopted 10b5-1 plan Sep 11, 2025 up to 806,451 Dec 31, 2026 10-Q Oct 23, 2025
John E. Zecca
Global Chief Legal, Risk and Regulatory Officer
Adopted 10b5-1 plan Sep 8, 2025 up to 4,500 Sep 8, 2026 10-Q Oct 23, 2025
Bryan Smith
Chief People Officer
Adopted 10b5-1 plan Aug 29, 2025 up to 10,633 May 1, 2026 10-Q Oct 23, 2025
Jeremy Skule
Chief Strategy Officer and Executive Chair, Financial Crime Management Technology
Adopted 10b5-1 plan Feb 10, 2025 up to 16,840 324 days 10-Q Apr 28, 2025
What the company wrote
on February 10, 2025, Jeremy Skule, Chief Strategy Officer and Executive Chair, Financial Crime Management Technology, adopted a Rule 10b5-1 trading plan for the sale of 16,840 shares of our common stock subject to certain conditions and which plan expires on December 31, 2025.
Sarah Youngwood
Executive Vice President and Chief Financial Officer
Adopted 10b5-1 plan Dec 12, 2024 up to 14,959 Mar 31, 2025 10-K Feb 21, 2025
What the company wrote
on December 12, 2024, Sarah Youngwood, Executive Vice President and Chief Financial Officer, adopted a Rule 10b5-1 trading plan for the sale of 14,959 shares of our common stock, subject to certain conditions and which expires on March 31, 2025.
Bradley J. Peterson
Executive Vice President and Chief Information Officer/Chief Technology Officer
Adopted 10b5-1 plan Nov 1, 2024 up to 28,020 Aug 1, 2025 10-K Feb 21, 2025
What the company wrote
on November 1, 2024, Bradley J. Peterson, Executive Vice President and Chief Information Officer/Chief Technology Officer, adopted a Rule 10b5-1 trading plan for the sale of our common stock in the following amounts: (a) up to 100% of the net vested shares resulting from the vesting of 4,719 restricted stock units on April 1, 2025, (b) up to 100% of the net vested shares resulting from the vesting of 22,494 restricted stock units on July 1, 2025 and (c) up to 100% of the net vested shares upon the settlement of 28,020 performance share units on or about February 19, 2025, with each of the foregoing subject to certain conditions and which plan expires on August 1, 2025 and (ii)
Bryan E. Smith
Executive Vice President and Chief People Officer
Adopted 10b5-1 plan Sep 5, 2024 up to 4,005 May 30, 2025 10-Q Oct 29, 2024
What the company wrote
on September 5, 2024, Bryan E. Smith, Executive Vice President and Chief People Officer, adopted a Rule 10b5-1 trading plan for the sale of (a) up to 9,000 shares of our common stock and (b) after an aggregate of 4,005 shares of our common stock vest on April 1, 2025 and April 3, 2025, any shares remaining after the applicable number of shares of common stock are forfeited to satisfy tax obligations, subject to certain conditions and which expires on May 30, 2025.
Bradley J. Peterson
Executive Vice President and Chief Information Officer/Chief Technology Officer
Adopted 10b5-1 plan Aug 14, 2024 up to 11,820 Nov 29, 2024 10-Q Oct 29, 2024
What the company wrote
on August 14, 2024, Bradley J. Peterson, Executive Vice President and Chief Information Officer/Chief Technology Officer, adopted a Rule 10b5-1 trading plan for the sale of up to 11,820 shares of our common stock, subject to certain conditions and which expires on November 29, 2024 and
Jeremy Skule
Executive Vice President and Chief Strategy Officer
Adopted 10b5-1 plan Aug 7, 2024 up to 36,149 Dec 31, 2024 10-Q Oct 29, 2024
What the company wrote
on August 7, 2024, Jeremy Skule, Executive Vice President and Chief Strategy Officer, adopted a Rule 10b5-1 trading plan for the sale of up to 36,149 shares of our common stock, subject to certain conditions and which expires on December 31, 2024,
John A. Zecca
Executive Vice President and Chief Legal, Risk and Regulatory Officer
Adopted 10b5-1 plan Jun 13, 2024 up to 11,000 Jun 13, 2025 10-Q Aug 6, 2024
What the company wrote
on June 13, 2024, John A. Zecca, Executive Vice President and Chief Legal, Risk and Regulatory Officer, adopted a Rule 10b5-1 trading plan for the sale of up to 11,000 shares of our common stock, subject to certain conditions and which expires on June 13, 2025.
Bradley J. Peterson
Executive Vice President and Chief Information Officer/Chief Technology Officer
Adopted 10b5-1 plan Apr 26, 2024 up to 40,000 Sep 13, 2024 10-Q Aug 6, 2024
What the company wrote
on April 26, 2024, Bradley J. Peterson, Executive Vice President and Chief Information Officer/Chief Technology Officer, adopted a Rule 10b5-1 trading plan for the sale of up to 40,000 shares of our common stock, subject to certain conditions and which expires on September 13, 2024
Bryan E. Smith
Executive Vice President and Chief People Officer
Adopted 10b5-1 plan Aug 31, 2023 up to 12,500 253 days 10-Q Nov 3, 2023
What the company wrote
During the three months ended September 30, 2023, none of the Company’s directors or officers adopted, terminated or modified a “Rule 10b5-1 trading arrangement” or “non-Rule 10b5-1 trading arrangement” (as such terms are defined in Item 408 of Regulation S-K) except as follows: on August 31, 2023, Bryan E. Smith, Executive Vice President and Chief People Officer, adopted a Rule 10b5-1 trading plan for the sale of up to 12,500 shares of our common stock, subject to certain conditions. The plan's expiration date is May 10, 2024.
Show the other 7 plans

From the XBRL of the company's 10-Qs and 10-Ks (Regulation S-K Item 408, reported since 2023): 15 filings checked since May 4, 2023.

Form 144

Notices of planned sales

Form 144 XML, SEC
FiledSellerSharesValueShares came from10b5-1 planForm 4 sales after
Nov 4, 2026 BRADLEY J PETERSON
Officer
5,000 $539K Performance Shares none given 5,000 shares from Nov 4, 2026
Nov 4, 2026 TAL COHEN
Officer
2,286 $250K Restricted Stock none given 2,286 shares from Nov 4, 2026
Nov 3, 2026 TAL COHEN
Officer
2,289 $247K Restricted Stock none given 4,575 shares from Nov 3, 2026
Oct 27, 2026 BRADLEY J PETERSON
Officer
3,987 $418K Performance Shares; Restricted Stock none given 8,987 shares from Oct 27, 2026
Oct 23, 2026 TAL COHEN
Officer
10,390 $1.1M Restricted Stock none given 14,965 shares from Oct 23, 2026
Oct 23, 2026 BRADLEY J PETERSON
Officer
4,000 $414K Restricted Stock none given 12,987 shares from Oct 23, 2026
Oct 20, 2026 JEREMY SKULE
Officer
1,125 $107K Performance Shares adopted May 7, 2026 1,125 shares from Oct 20, 2026
Oct 13, 2026 JEREMY SKULE
Officer
1,125 $106K Performance Shares adopted May 7, 2026 1,125 shares from Oct 20, 2026
Sep 22, 2026 JEREMY SKULE
Officer
1,125 $107K Performance Shares adopted May 7, 2026 3,375 shares from Sep 22, 2026
Sep 10, 2026 JEREMY SKULE
Officer
1,125 $106K Performance Shares; Restricted Stock adopted May 7, 2026 2,250 shares from Sep 10, 2026
Aug 10, 2026 JEREMY SKULE
Officer
2,250 $213K Restricted Stock adopted May 7, 2026 2,250 shares from Aug 10, 2026
Aug 10, 2026 P C GRIGGS
Officer
3,226 $310K Restricted Stock none given none found
Aug 7, 2026 BRADLEY J PETERSON
Officer
6,000 $573K Performance Shares none given 6,000 shares from Aug 7, 2026
Aug 3, 2026 BRYAN SMITH
Officer
1,556 $148K Performance Shares adopted Mar 12, 2026 1,556 shares from Aug 3, 2026
Jul 29, 2026 P C GRIGGS
Officer
11,010 $1.1M Restricted Stock none given none found
Jul 27, 2026 P C GRIGGS
Officer
11,010 $1.0M Restricted Stock none given none found
Jul 24, 2026 BRADLEY J PETERSON
Officer
13,000 $1.2M Performance Shares none given 19,000 shares from Jul 24, 2026
Jul 24, 2026 P C GRIGGS
Officer
6,777 $627K Performance Shares none given none found
Jul 1, 2026 BRYAN SMITH
Officer
3,000 $240K Performance Shares adopted Mar 12, 2026 3,000 shares from Jul 1, 2026
Jun 11, 2026 BRYAN SMITH
Officer
3,000 $261K Performance and Restricted Stock adopted Mar 12, 2026 6,000 shares from Jun 11, 2026
May 18, 2026 P C GRIGGS
Officer
5,093 $472K Restricted Stock none given none found
Apr 28, 2026 BRADLEY J PETERSON
Officer
7,710 $700K Performance Shares; Restricted Stock none given 7,710 shares from Apr 28, 2026
Apr 27, 2026 TAL COHEN
Officer
15,518 $1.4M Performance Shares none given 15,518 shares from Apr 27, 2026
Apr 24, 2026 MICHELLE DALY
Officer
1,324 $118K Employee Stock Purchase Plan; Restricted Stock none given 1,323 shares from Apr 24, 2026
Mar 2, 2026 BRYAN SMITH
Officer
6,000 $523K Performance Shares adopted Aug 29, 2025 none found
Feb 19, 2026 MICHELLE DALY
Officer
4,339 $353K Performance Shares none given none found
Jan 6, 2026 JOHN ZECCA
Officer
4,500 $450K Performance Shares adopted Sep 8, 2025 none found
Jan 2, 2026 Adena T. Friedman
Officer
806,451 $78.3M Option Exercise adopted Sep 11, 2025 none found
Dec 1, 2025 BRYAN SMITH
Officer
4,633 $420K Performance Shares; Restricted Stock adopted Aug 29, 2025 none found
Dec 1, 2025 JEREMY SKULE
Officer
2,105 $191K Performance Shares adopted Feb 10, 2025 none found
Nov 3, 2025 JEREMY SKULE
Officer
2,105 $180K Performance Shares; Restricted Stock adopted Feb 10, 2025 none found
Show the other 23 notices

From the Form 144 XML filed with the SEC, since Nov 3, 2025. The value is the seller's estimate on the notice. "Form 4 sales after" matches the seller's Form 4 sales in the 30 days after the notice, by name; Form 4s go back 180 days.

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