Michelle Lynn Daly - Apr 1, 2025 Form 4 Insider Report for NASDAQ, INC. (NDAQ)

Role
SVP, Controller & PAO
Signature
/s/ Alex Kogan, by power of attorney
Stock symbol
NDAQ
Transactions as of
Apr 1, 2025
Transactions value $
-$28,827
Form type
4
Date filed
4/3/2025, 04:34 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 +2.17K +13.66% $0.00 18.1K Apr 1, 2025 Direct F1
transaction NDAQ Common Stock, par value $0.01 per share Tax liability -$28.8K -380 -2.11% $75.86 17.7K Apr 1, 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 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 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.
F3 Represents (i) 12,869 shares or units of restricted stock, of which 4,830 are vested, (ii) 3,458 shares of Common Stock underlying PSUs, all of which are vested, and (iii) 1,344 shares of Common Stock purchased under the Issuer's Employee Stock Purchase Plan.