Insider trade

Officer sold ~$472K of NDAQ shares in the open market

Traded May 18, 2026 · Filed May 20, 2026

~$472K
Reported value · 5,093 sh @ $92.62: 234K
Holds after · shares reported: -1.0%
stock since the trade · S&P 500 +3.4%, $92.60 → $91.67 on Oct 1

Why it stands out

Nasdaq, Inc.'s Pres. Capital Access Platforms sold $472K 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: May 18, 2026
Reporting period: Not applicable
Filed with the SEC: May 20, 2026

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

Context

Classification

open market sale

Code S — open-market or private sale

Absolute commitment

~$471,714

Shares × reported transaction price

Timing vs results

25 days after results of Apr 23, 2026, 66 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 $92.60 on May 18, 2026, 17% above its 52-week low and 8% below its high, after a 5% rise over the previous 30 trading days

52-week range $79.01 (Feb 12, 2026) to $100.98 (Jan 16, 2026), 62% of the way up, from 251 adjusted closes. 30 trading days earlier: $87.90 on Apr 6, 2026. Describes the past only, not a forecast

Planned / mechanical clue

Footnote references vesting of compensation awards

Only flagged when a footnote says so; never inferred

After it was reported

After	Stock	S&P 500	Difference
7 days	+0.7%	+1.6%	-0.9%
30 days	-8.6%	+0.2%	-8.8%
90 days	+6.6%	+3.5%	+3.0%

Past results only. Not a forecast.

Source receipt

Record ID: 0001193125-26-232545
Filed / recorded: May 20, 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: Pc Nelson Griggs
Relationship: Officer
Officer title: Pres. Capital Access Platforms
Security: Common Stock, par value $0.01 per share
Table: Non-derivative (Table I)
Transaction date: May 18, 2026
Transaction code: S
Shares / units: 5,093
Price per share: $92.62
Acquired / disposed: Disposed (D)
Shares owned after: 233,798
Ownership form: Direct
Amendment: No

Footnotes from the filing

Represents (i) 77,970 shares or units of restricted stock, of which 42,766 are vested and (ii) 155,828 shares of Common Stock underlying PSUs, 142,986 of which are vested.