Cohen Tal - Feb 6, 2025 Form 4 Insider Report for NASDAQ, INC. (NDAQ)

Role: President, Market Platforms
Signature: /s/ Alex Kogan, by power of attorney
Stock symbol: NDAQ
Transactions as of: Feb 6, 2025
Transactions value $: -$749,981
Form type: 4
Date filed: 2/10/2025, 04:07 PM
Previous filing: Nov 4, 2024
Next filing: Feb 21, 2025
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NDAQ	Common Stock, par value $0.01 per share	Sale	-$750K	-8.96K	-6.54%	$83.75	128K	Feb 6, 2025	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price reported in this box is a weighted average price. These shares were sold in multiple transactions at prices ranging from $83.63 to $83.84, inclusive. The reporting person undertakes to provide to Nasdaq, any security holder of Nasdaq or the staff of the U.S. 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 (1) to this Form 4.
F2	Represents (i) 50,917 shares underlying PSUs, all of which are vested, (ii) 75,718 shares or units of restricted stock, of which 28,061 are vested, and (iii) 1,305 shares purchased under the Employee Stock Purchase Plan.

Content

The price reported in this box is a weighted average price. These shares were sold in multiple transactions at prices ranging from $83.63 to $83.84, inclusive. The reporting person undertakes to provide to Nasdaq, any security holder of Nasdaq or the staff of the U.S. 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 (1) to this Form 4.

Represents (i) 50,917 shares underlying PSUs, all of which are vested, (ii) 75,718 shares or units of restricted stock, of which 28,061 are vested, and (iii) 1,305 shares purchased under the Employee Stock Purchase Plan.