Nasdaq, Inc. (NDAQ)Officer sold ~$148K

~$148K

Approx. value · 1,556 sh @ $95.07

68K

Holds after · shares reported

Traded

Aug 3, 2026

Filed

Aug 5, 2026

The story around this disclosure

Every dated public record OQRO holds about the company from 60 days before to 120 days after, oldest first. It shows what was going on; none of it is a stated reason for the trade.

1. Mar 27, 2026CongressDisclosed sale of NDAQ — reported range $50,001 - $100,000
2. Jun 4, 2026Government · Federal Register noticeJoint Industry Plan; Notice of Filing of the Twenty-Seventh Amendment to the National Market System Plan To Address Extraordinary Market Volatility To Establish Temporary Price Band Protections in Overnight Trading
3. Jun 11, 2026Insider · 2 peopleInsiders: 1 purchase (~$4.9M), 1 sale (~$261K)
4. Jun 30, 2026Company filing · Form 8-K · Material agreement, Agreement endedSigned an important agreement, and ended an important agreement (and 1 more item)
5. Jul 1, 2026InsiderOfficer sold ~$240K of NDAQ shares in the open market
6. Jul 15, 2026Government · Federal Register noticeOrder Under Section 36 of the Securities Exchange Act of 1934 (the “Exchange Act”) and Rule 6h-1(d) Thereunder Granting Conditional Exemptive Relief to the Chicago Mercantile Exchange Inc. From the Opening Price Settlement Requirements of Rule 6h-1(b) Under the Exchange Act for Certain Cash-Settled Security Futures
7. Jul 23, 2026Company filing · Form 8-K · Results, Reg FDReported its results, and shared information with investors (and 1 more item)
8. Jul 24, 2026Insider · 2 peopleInsiders: 2 sales (~$1.8M)
9. Jul 27, 2026Insider · Their largest sale since 2015Officer sold ~$1.03M of NDAQ shares in the open market
10. Jul 29, 2026InsiderOfficer sold ~$1.06M of NDAQ shares in the open market
11. Aug 3, 2026 · this disclosureInsiderOfficer sold ~$148K of NDAQ shares in the open market

What came next

1. Aug 7, 2026InsiderOfficer sold ~$573K of NDAQ shares in the open market
2. Aug 10, 2026Government · Federal Register noticeJoint Industry Plan; Order Granting Approval of the Twenty-Seventh Amendment to the National Market System Plan To Address Extraordinary Market Volatility To Establish Temporary Price Band Protections in Overnight Trading
3. Aug 10, 2026Insider · 2 peopleInsiders: 2 sales (~$523K)
4. Aug 12, 20265% stakeMassachusetts Financial Services Company reported a passive stake (13G) of 4.1%
5. Aug 13, 20265% stakeWellington Management Group LLP reported a passive stake (13G) of 5.4%
6. Aug 14, 2026Government · Federal Register noticeOrder Granting Temporary Conditional Exemptive Relief to 24X National Exchange LLC From Certain Requirements of Rule 602 of Regulation NMS, Certain Requirements of Certain Equity Data Plans, and Section 19(g)(1) of the Securities Exchange Act of 1934, Pursuant to Section 36 of the Securities Exchange Act of 1934 and Rules 602 and 608 of Regulation NMS, To Permit Certain Overnight Trading, Subject to Certain Conditions, and Effective As of January 24, 2027 and Until the Earlier of (1) the date the Extended Hours Amendments Are Implemented or (2) July 2, 2027
7. Aug 21, 2026Government · Federal Register proposed ruleRegulation Crypto Assets
8. Aug 25, 2026CongressDisclosed sale of NDAQ — reported range $100,001 - $250,000
9. Sep 10, 2026InsiderOfficer sold ~$106K of NDAQ shares in the open market
10. Sep 21, 2026Government · Federal Register proposed ruleProxy Solicitation Modernization
11. Sep 22, 2026InsiderOfficer sold ~$107K of NDAQ shares in the open market
12. Oct 5, 2026Government · Federal Register noticePotential Designation of Passage of an Accredited Investor Exam To Be Developed by FINRA as Qualifying Natural Persons for Accredited Investor Status

How to read SEC Form 4

Form 4 is the filing that officers, directors and owners of more than 10% of a US-listed company must send to the SEC within two business days after they buy, sell or otherwise change their holding of the company's stock.

Full guide: What is an SEC Form 4?

What else is on file for Nasdaq, Inc.

For Nasdaq, Inc., OQRO holds 12 insider filings (SEC Form 4 or Form 144), 2 Congress trade reports and 19 fund holdings reports (13F) dated in the last 90 days.

These are records OQRO holds, counted by their date, not a measure of how much trading took place. Routine paperwork such as option exercises and tax withholding is left out. Everything for the company is on its NDAQ page.

Other recent filings by Bryan Everard Smith, EVP, CPO

• SEC Form 4 at Nasdaq, Inc. (NDAQ)Jul 2, 2026
• SEC Form 4 at Nasdaq, Inc. (NDAQ)Jun 15, 2026
• SEC Form 4 at Nasdaq, Inc. (NDAQ)Mar 4, 2026
• SEC Form 4 at Nasdaq, Inc. (NDAQ)Dec 3, 2025
• SEC Form 4 at Nasdaq, Inc. (NDAQ)Apr 7, 2025

The full history of Bryan Everard Smith, EVP, CPO is on the profile page.

How this filing works

• SEC Form 4
• Open-market purchase
• Rule 10b5-1 trading plans

Other disclosures at Nasdaq, Inc.

• SEC Form 4Sep 24, 2026
• SEC Form 144Sep 22, 2026
• SEC Form 4Sep 14, 2026
• SEC Form 144Sep 10, 2026
• House Clerk periodic transaction reportSep 9, 2026
• SEC Form 13F-HRAug 18, 2026

Everything OQRO holds on this company is on its NDAQ page.