Cohen Tal - Apr 1, 2025 Form 4 Insider Report for NASDAQ, INC. (NDAQ)

Role
Pres. Market Platforms
Signature
/s/ Alex Kogan, by power of attorney
Stock symbol
NDAQ
Transactions as of
Apr 1, 2025
Transactions value $
-$907,361
Form type
4
Date filed
4/3/2025, 04:14 PM
Previous filing
Feb 21, 2025
Next filing
Apr 7, 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 +15.8K +11% $0.00 159K Apr 1, 2025 Direct F1
transaction NDAQ Common Stock, par value $0.01 per share Award $0 +46K +28.9% $0.00 205K Apr 1, 2025 Direct F2
transaction NDAQ Common Stock, par value $0.01 per share Tax liability -$907K -12K -5.83% $75.86 193K Apr 1, 2025 Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents an award of Restricted Stock Units (RSUs) granted pursuant to the Issuer's Equity Incentive Plan. Each unit represents a contingent right to receive one share of the Issuer's Common Stock. The RSUs shall vest with respect to 33% of the RSUs on April 1, 2027, 33% on April 1, 2028, and the remainder on April 1, 2029.
F2 Represents an award of Restricted Stock Units (RSUs) granted pursuant to the Issuer's Equity Incentive Plan. Each unit represents a contingent right to receive one share of the Issuer's Common Stock. The RSUs shall vest with respect to 33% of the RSUs on April 1, 2026, 33% on April 1, 2027, and the remainder on April 1, 2028.
F3 Represents shares of Common Stock withheld for taxes in connection with the settlement of an equity award previously granted under the Issuer's Equity Incentive Plan.
F4 Represents (i) 125,566 shares or units of restricted stock, of which 39,527 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 Issuer's Employee Stock Purchase Plan.