Insider trade

CEO exercised or converted 93K NDAQ derivative securities

Traded Mar 6, 2026 · Filed Mar 10, 2026

Nasdaq, Inc.NDAQ

93K
Derivative units

Why it stands out

Derivative exercise or conversion — not an open-market buy.

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: Mar 6, 2026
Reporting period: Not applicable
Filed with the SEC: Mar 10, 2026

CEOOption exercise

Context

Classification

option exercise

Code M — exercise or conversion of a derivative security

Planned / mechanical clue

None found in footnotes

Only flagged when a footnote says so; never inferred

Source receipt

Record ID: 0001193125-26-100106
Filed / recorded

Mar 10, 2026, 8:01 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

Adena T Friedman

Relationship

Director, Officer

Officer title

Chair and CEO

Security

Employee Stock Option (Right to Buy)

Table

Derivative (Table II)

Transaction date

Mar 6, 2026

Transaction code

M

Shares / units

92,840

Price per share

$0.00

Acquired / disposed

Disposed (D)

Shares owned after

113,611

Ownership form

Direct

Amendment

No

Footnotes from the filing

The option is currently exercisable.

Around the same time

6mo ago

424Shares · @ $86.65

Routine share withholding; mechanical by default.

Why it stands out Official record

6mo ago

8,075Shares · @ $86.65

Routine share withholding; mechanical by default.

Why it stands out Official record

6mo ago

1,499Shares · @ $86.65

Routine share withholding; mechanical by default.

Why it stands out Official record