Cohen Tal - Feb 19, 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 19, 2025
Transactions value $
-$1,015,662
Form type
4
Date filed
2/21/2025, 04:41 PM
Previous filing
Feb 10, 2025
Next filing
Apr 3, 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 Award $0 +28K +21.9% $0.00 156K Feb 19, 2025 Direct F1
transaction NDAQ Common Stock, par value $0.01 per share Tax liability -$1.02M -12.5K -8.02% $81.24 143K Feb 19, 2025 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the settlement of performance share units (PSUs) that were previously granted under Nasdaq's Equity Incentive Plan. The ultimate amount of shares of Common Stock to be received under the grant depended upon the achievement of performance goals during a three-year performance period from January 1, 2022 through December 31, 2024.
F2 Represents shares of Common Stock withheld for taxes in connection with the settlement of PSUs, as described above.
F3 Represents (i) 75,718 shares or units of restricted stock, of which 28,061 are vested, (ii) 66,435 shares of Common Stock underlying PSUs, all of which are vested, and (iii) 1,305 shares of Common Stock purchased under the Employee Stock Purchase Plan.