Paul Holden Spaht Jr. - Jun 11, 2025 Form 4 Insider Report for NASDAQ, INC. (NDAQ)

Role
Director
Signature
/s/ Erika Moore, by power of attorney
Stock symbol
NDAQ
Transactions as of
Jun 11, 2025
Transactions value $
$0
Form type
4
Date filed
6/13/2025, 04:21 PM
Previous filing
Jun 5, 2025
SEC
View on sec.gov

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
SPAHT PAUL HOLDEN JR. Director 151 W. 42ND STREET, NEW YORK /s/ Erika Moore, by power of attorney 2025-06-13 0001862654

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 +3K +40.44% $0.00 10.4K Jun 11, 2025 Direct F1, 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 entirety of the RSUs vest on June 11, 2026.
F2 Represents 10,401 RSUs granted pursuant to Nasdaq's Equity Incentive Plan, of which 7,406 are vested as of the date hereof.
F3 Because such restricted stock are held by the reporting person for the benefit of Thoma Bravo, L.P., the reporting person disclaims beneficial ownership of and all right, title, and interest in the restricted stock reported or referenced herein and the filing of this statement shall not be deemed an admission that the reporting person is, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the beneficial owner of the reported securities.