CEO sold ~$29.1M of NDAQ shares in the open market

Past results only. Not a forecast.

Record ID

0001193125-26-035470

Filed / recorded

Feb 3, 2026, 9:03 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

Common Stock, par value $0.01 per share

Table

Non-derivative (Table I)

Transaction date

Feb 2, 2026

Transaction code

S

Shares / units

300,000

Price per share

$96.91

Acquired / disposed

Disposed (D)

Shares owned after

1,924,903

Ownership form

Direct

Amendment

No

1. The reported sale was effected pursuant to a Rule 10b5-1(c) trading plan adopted on September 11, 2025.
2. The price reported in this box is a weighted average price. These shares were sold in multiple transactions at prices ranging from $96.50 to $97.86, inclusive. The reporting person undertakes to provide to the Issuer, any of its security holders, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
3. Represents (i) 440,450 shares or units of restricted stock, of which 314,204 are vested, (ii) 1,371,100 shares of Common Stock underlying PSUs, all of which are vested, (iii) 10,000 shares of Common Stock acquired through open market purchases, and (iv) 103,353 shares granted under the Issuer's Equity Incentive Plan or the Issuer's Employee Stock Purchase Plan when the reporting person was an employee of the Issuer prior to returning as President in 2014.