Insider trade

Officer sold ~$304K of ICE shares in the open market

Traded Dec 8, 2025 · Filed Dec 10, 2025

~$304K
Reported value · 1,936 sh @ $156.9337: 65K
Holds after · shares reported: -3.5%
stock since the trade · S&P 500 +11.8%, $157.03 → $151.47 on Oct 1

Why it stands out

Intercontinental Exchange's Chief Technology Officer sold $304K of Intercontinental Exchange shares. It was planned long ago, so it says very little.

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: Dec 8, 2025
Reporting period: Not applicable
Filed with the SEC: Dec 10, 2025

Officer$100K–$500KPre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$303,824

Shares × reported transaction price

Timing vs results

39 days after results of Oct 30, 2025, 59 days before results of Feb 5, 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 $157.03 on Dec 8, 2025, 10% above its 52-week low and 17% below its high, little changed over the previous 30 trading days

52-week range $142.80 (Jan 10, 2025) to $188.45 (Aug 4, 2025), 31% of the way up, from 250 adjusted closes. 30 trading days earlier: $157.65 on Oct 24, 2025. Describes the past only, not a forecast

Planned / mechanical clue

Footnote references a pre-arranged trading plan (Rule 10b5-1)

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	-1.9%	-1.8%	-0.0%
30 days	+1.9%	+0.9%	+1.1%
90 days	-3.7%	-1.9%	-1.9%
180 days	-13.2%	+7.0%	-20.2%

Past results only. Not a forecast.

Source receipt

Record ID: 0001193125-25-314286
Filed / recorded: Dec 10, 2025, 9:30 PM UTC
Added to OQRO: Oct 2, 2026, 12:28 PM UTC
Parser: form4-xml-v1
Data quality: Verified: identifiers matched exactly
Issuer: Intercontinental Exchange, Inc.
Issuer CIK: 1571949
Ticker: ICE
Reporting person: Mayur Kapani
Relationship: Officer
Officer title: Chief Technology Officer
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Dec 8, 2025
Transaction code: S
Shares / units: 1,936
Price per share: $156.9337
Acquired / disposed: Disposed (D)
Shares owned after: 65,240
Ownership form: Direct
Amendment: No

Footnotes from the filing

This transaction was effected pursuant to a Rule 10b5-1 trading plan which was approved and became effective as of June 6, 2025.
The price range for the aggregate amount sold by the direct holder is $156.83 - $157.18. The Issuer will upon request by the Staff of the U.S. Securities and Exchange Commission or a security holder of the Issuer provide the full information regarding the number of shares sold at each separate price.
The common stock number referred in Table I is an aggregate number and represents 52,317 shares of common stock and 4,487 unvested restricted stock units ("RSUs"), and 8,436 unvested performance based restricted stock units ("PSUs"), for which the performance period has been satisfied. The RSUs and PSUs vest over a three year period, in which 33.33% of the units vest each year.
The satisfaction of the 2023, 2024 and 2025 three-year total shareholder return (TSR) PSUs and the corresponding number of shares to be issued pursuant to these awards, will not be determined until February 2026, February 2027 and February 2028, respectively, and will be reported at the time of vesting. The satisfaction of the 2024 and 2025 three-year earnings before interest, taxes, depreciation, and amortization (EBITDA) PSUs and the corresponding number of shares to be issued pursuant to these awards, will not be determined until February 2027 and February 2028, respectively, and will be reported at the time of vesting.
The satisfaction of the performance based restricted stock units granted as Deal Incentive Awards and the corresponding number of shares to be issued pursuant to these awards, will not be determined until December 2026, December 2027 and December 2028 and will be subject to additional time-based vesting conditions and, if applicable, a subsequent one-year holding period.