Insider trade

Officer sold ~$106K of NDAQ shares in the open market

Traded Apr 24, 2026 · Filed Apr 28, 2026

Nasdaq, Inc.NDAQ

~$106K
Reported value · 1,194 sh @ $88.82: 10K
Holds after · shares reported: +2.0%
stock since the trade · S&P 500 +7.0%, $89.90 → $91.67 on Oct 1

Why it stands out

Nasdaq, Inc.'s SVP, Controller & PAO sold $106K of Nasdaq, Inc. shares. Nobody planned it ahead of time.

Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell

View the official recordSEC Form 4 — Statement of Changes in Beneficial Ownership

All the details

Dates, kept separate

Transaction date: Apr 24, 2026
Reporting period: Not applicable
Filed with the SEC: Apr 28, 2026

Officer$100K–$500K

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$106,051

Shares × reported transaction price

Timing vs results

1 day after results of Apr 23, 2026, 90 days before results of Jul 23, 2026

Results dates are the company's own 8-K (Item 2.02). Many companies only let insiders trade in a window after results

Price at the time

Closed at $89.90 on Apr 24, 2026, 20% above its 52-week low and 11% below its high, after a 7% rise over the previous 30 trading days

52-week range $75.10 (Apr 28, 2025) to $100.98 (Jan 16, 2026), 57% of the way up, from 251 adjusted closes. 30 trading days earlier: $84.06 on Mar 12, 2026. Describes the past only, not a forecast

Planned / mechanical clue

None found in footnotes

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	-2.3%	+3.1%	-5.4%
30 days	+1.4%	+6.3%	-4.9%
90 days	+5.1%	+4.1%	+1.0%

Past results only. Not a forecast.

Source receipt

Record ID: 0001193125-26-186881
Filed / recorded: Apr 28, 2026, 8:00 PM UTC
Added to OQRO: Oct 2, 2026, 12:28 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: NASDAQ, INC.
Issuer CIK: 1120193
Ticker: NDAQ
Reporting person: Michelle Lynn Daly
Relationship: Officer
Officer title: SVP, Controller & PAO
Security: Common Stock, par value $0.01 per share
Table: Non-derivative (Table I)
Transaction date: Apr 24, 2026
Transaction code: S
Shares / units: 1,194
Price per share: $88.82
Acquired / disposed: Disposed (D)
Shares owned after: 10,218
Ownership form: Direct
Amendment: No

Around the same time

Officer sold ~$472K of Nasdaq, Inc.

Automatic sale5mo ago

5mo ago

Congress trade

$1,001 - $15,000Reported range · official band, not an exact amount

2 different filers disclosed NDAQ within 90 days. Disclosed 12 days after the transaction; reported as an official range, not an exact amount.

Why it stands out Official record

Officer sold ~$700K of Nasdaq, Inc.