Insider trade

CEO sold ~$23.2M of ICE shares in the open market

Traded Feb 18, 2026 · Filed Feb 20, 2026

~$23.2M
Reported value · 150K sh @ $154.9968: 1.65M
Holds after · shares reported: -2.4%
stock since the trade · S&P 500 +11.3%, $155.19 → $151.47 on Oct 1

Why it stands out

The boss of Intercontinental Exchange sold $23.2M 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: Feb 18, 2026
Reporting period: Not applicable
Filed with the SEC: Feb 20, 2026

CEOIndirect holding$1M+Pre-arranged plan referenced

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$23,249,520

Shares × reported transaction price

Timing vs results

13 days after results of Feb 5, 2026, 71 days before results of Apr 30, 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 $155.19 on Feb 18, 2026, 7% above its 52-week low and 18% below its high, after a 6% drop over the previous 30 trading days

52-week range $145.59 (Nov 3, 2025) to $188.45 (Aug 4, 2025), 22% of the way up, from 251 adjusted closes. 30 trading days earlier: $165.62 on Jan 5, 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	+6.6%	-0.5%	+7.1%
30 days	+2.0%	-4.9%	+7.0%
90 days	-1.6%	+7.7%	-9.4%
180 days	+2.1%	+11.6%	-9.4%

Past results only. Not a forecast.

Source receipt

Record ID: 0001193125-26-059907
Filed / recorded: Feb 20, 2026, 12:23 AM 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: Jeffrey C Sprecher
Relationship: Director, Officer
Officer title: Chief Executive Officer
Security: Common Stock
Table: Non-derivative (Table I)
Transaction date: Feb 18, 2026
Transaction code: S
Shares / units: 150,000
Price per share: $154.9968
Acquired / disposed: Disposed (D)
Shares owned after: 1,651,705
Ownership form: Indirect — CPEX
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 May 30, 2025.
As previously reported, the reporting person also indirectly owns 1,651,705 shares that are beneficially owned directly by CPEX. The reporting person beneficially owns 100% of the equity interest in CPEX. Additionally, as previously reported, the reporting person indirectly owns shares that are beneficially owned directly by the reporting person's spouse for which the reporting person disclaims beneficial ownership.

Around the same time

7mo ago

1,079Shares · @ $92.63

Derivative exercise or conversion — not an open-market buy.

Why it stands out Official record

7mo ago

875Shares · @ $114.19

Derivative exercise or conversion — not an open-market buy.

Why it stands out Official record

7mo ago

770Shares · @ $129.76

Derivative exercise or conversion — not an open-market buy.

Why it stands out Official record