Insider trade

Officer sold ~$106K of NDAQ shares in the open market

Traded Sep 10, 2026 · Filed Sep 14, 2026

Nasdaq, Inc.NDAQ

~$106K
Reported value · 1,125 sh @ $94.22: 101K
Holds after · shares reported: -0.4%
stock since the trade · S&P 500 +0.8%, $92.01 → $91.67 on Oct 1

Why it stands out

Nasdaq, Inc.'s CSO sold $106K of Nasdaq, Inc. 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: Sep 10, 2026
Reporting period: Not applicable
Filed with the SEC: Sep 14, 2026

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

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$105,998

Shares × reported transaction price

Timing vs results

49 days after 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 $92.01 on Sep 10, 2026, 20% above its 52-week low and 9% below its high, after a 4% drop over the previous 30 trading days

52-week range $76.845 (Jun 29, 2026) to $100.98 (Jan 16, 2026), 63% of the way up, from 251 adjusted closes. 30 trading days earlier: $95.55 on Jul 29, 2026. 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	+5.9%	+2.1%	+3.8%

Past results only. Not a forecast.

Source receipt

Record ID: 0001193125-26-390544
Filed / recorded: Sep 14, 2026, 8:05 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: Jeremy Skule
Relationship: Officer
Officer title: EVP, CSO
Security: Common Stock, par value $0.01 per share
Table: Non-derivative (Table I)
Transaction date: Sep 10, 2026
Transaction code: S
Shares / units: 1,125
Price per share: $94.22
Acquired / disposed: Disposed (D)
Shares owned after: 101,198
Ownership form: Direct
Amendment: No

Footnotes from the filing

The reported sale was effected pursuant to a Rule 10b5-1(c) trading plan adopted on May 7, 2026.
Represents (i) 35,511 shares or units of restricted stock, of which 9,551 are vested, (ii) 61,968 shares of Common Stock underlying PSUs, 53,942 of which are vested, and (iii) 3,719 shares of Common Stock purchased under the Issuer's Employee Stock Purchase Plan.

Around the same time

Officer sold ~$107K of Nasdaq, Inc.

Scheduled in advance11d ago

Officer sold13d ago

~$107Kplanned to sell · 1,125 shares, around Sep 22, 2026

A top manager at Nasdaq, Inc. told the SEC they plan to sell $107K of Nasdaq, Inc. shares around Sep 22, 2026. The shares did not come from their pay.

Why it stands out Official record

Officer plans to sell ~$106K of Nasdaq, Inc.

Planned, from pay4w ago