Director purchased ~$958K of NDAQ shares in the open market

Traded Feb 17, 2026 · Filed Feb 19, 2026

Nasdaq, Inc.NDAQ

~$958K
Reported value · 12K sh @ $79.86: 41K
Holds after · shares reported: +14.2%
stock since the trade · S&P 500 +11.9%, $80.24 → $91.67 on Oct 1

Why it stands out

A board member of Nasdaq, Inc. spent $958K of their very own money to buy Nasdaq, Inc. shares. 1 other person at Nasdaq, Inc. bought some too, in the same month. Their pile of Nasdaq, Inc. shares grew by 42%.

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: Feb 17, 2026
Reporting period: Not applicable
Filed with the SEC: Feb 19, 2026

Director$500K–$1MHoldings +42%2 insiders bought in 30d

Context

Classification

open market purchase

Code P — open-market or private purchase

Absolute commitment

~$958,320

Shares × reported transaction price

Size band

$500K–$1M

Ask Claude or ChatGPT about these filings. Connect OQRO in a minute, then ask things like “which insiders bought this week?”

Ownership change

+41.7%

Purchase shares ÷ estimated pre-transaction holdings, from the filing

Rarity

Not enough history to judge

Confirmed open-market purchases by the same insider in the available history

Cluster activity

2 distinct insiders in 30 days

Distinct insiders at the same issuer with confirmed open-market purchases

Timing vs results

19 days after results of Jan 29, 2026, 65 days before results of Apr 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 $80.24 on Feb 17, 2026, 21% above its 52-week low and 21% below its high, after a 17% drop over the previous 30 trading days

52-week range $66.40 (Apr 8, 2025) to $100.98 (Jan 16, 2026), 40% of the way up, from 251 adjusted closes. 30 trading days earlier: $96.66 on Jan 2, 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	+7.0%	-0.5%	+7.5%
30 days	+5.5%	-4.9%	+10.5%
90 days	+10.4%	+7.7%	+2.7%
180 days	+17.7%	+11.6%	+6.1%

Past results only. Not a forecast.

Source receipt

Record ID: 0001193125-26-059323
Filed / recorded: Feb 19, 2026, 9:00 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: Johan Torgeby
Relationship: Director
Security: Common Stock, par value $0.01 per share
Table: Non-derivative (Table I)
Transaction date: Feb 17, 2026
Transaction code: P
Shares / units: 12,000
Price per share: $79.86
Acquired / disposed: Acquired (A)
Shares owned after: 40,797
Ownership form: Direct
Amendment: No

Footnotes from the filing

Represents (i) 14,797 RSUs granted pursuant to Nasdaq's Equity Incentive Plan, of which 11,802 are vested as of the date hereof and (ii) 26,000 shares of common stock acquired through open market purchases.