Insider trade

Officer sold ~$1.41M of NDAQ shares in the open market

Traded Apr 27, 2026 · Filed Apr 29, 2026

Nasdaq, Inc.NDAQ

~$1.41M
Reported value · 16K sh @ $90.75: 215K
Holds after · shares reported: +1.4%
stock since the trade · S&P 500 +6.8%, $90.43 → $91.67 on Oct 1

Why it stands out

Nasdaq, Inc.'s Pres. Market Platforms sold $1.41M of Nasdaq, Inc. shares. It happened by itself, for taxes or pay.

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 27, 2026
Reporting period: Not applicable
Filed with the SEC: Apr 29, 2026

Officer$1M+Pre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$1,408,259

Shares × reported transaction price

Timing vs results

4 days after results of Apr 23, 2026, 87 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 $90.43 on Apr 27, 2026, 20% above its 52-week low and 10% below its high, after a 6% rise over the previous 30 trading days

52-week range $75.10 (Apr 28, 2025) to $100.98 (Jan 16, 2026), 59% of the way up, from 251 adjusted closes. 30 trading days earlier: $85.53 on Mar 13, 2026. Describes the past only, not a forecast

Planned / mechanical clue

Footnote references an employee stock purchase plan

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	-3.2%	+1.8%	-5.0%
30 days	+1.0%	+5.5%	-4.6%
90 days	+4.0%	+1.5%	+2.5%

Past results only. Not a forecast.

Source receipt

Record ID: 0001193125-26-191425
Filed / recorded: Apr 29, 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: Cohen Tal
Relationship: Officer
Officer title: Pres. Market Platforms
Security: Common Stock, par value $0.01 pershare
Table: Non-derivative (Table I)
Transaction date: Apr 27, 2026
Transaction code: S
Shares / units: 15,518
Price per share: $90.75
Acquired / disposed: Disposed (D)
Shares owned after: 215,208
Ownership form: Direct
Amendment: No

Footnotes from the filing

Represents (i) 126,563 shares or units of restricted stock, of which 53,203 are vested, (ii) 87,017 shares of Common Stock underlying PSUs, 74,175 of which are vested, and (iii) 1,628 shares ofCommon Stock purchased under the Issuer's Employee Stock Purchase Plan.
The price reported in this box is a weighted average price. These shares were sold in multiple transactions at prices ranging from $90.51 to $91.09, inclusive. The reporting person undertakes toprovide to Nasdaq, any security holder of Nasdaq or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at eachseparate price within the range set forth in this footnote (1) to this Form 4.