[144] Intercontinental Exchange Inc. SEC Filing

Rhea-AI Filing Summary

Form 144 filing for Intercontinental Exchange, Inc. (ICE) reporting a proposed sale of 610 shares of common stock through Morgan Stanley Smith Barney LLC with an approximate aggregate market value of $109,330.30 and an indicated approximate sale date of 08/22/2025. The 610 shares were acquired as Restricted Stock Units on 05/17/2025 from the issuer, with the acquisition and payment recorded on that date. The filing also discloses two recent 10b5-1 sales by Martha Tirinnanzi on 05/27/2025 and 05/28/2025, each for 397 shares, generating gross proceeds of $70,312.67 and $70,515.14 respectively. The filing lists the issuer's outstanding shares as 572,423,088, and the broker/execution venue as NYSE.

Insights

Financial Analyst

TL;DR: Small-volume insider sale notice; immaterial vs. shares outstanding but confirms insider monetization under Rule 10b5-1.

This Form 144 notifies the market that an insider will seek to sell 610 shares acquired as restricted stock units on 05/17/2025 via Morgan Stanley, with an aggregate market value of $109,330.30 and a planned sale date of 08/22/2025. The filing also documents two recent 10b5-1 sales of 397 shares each on 05/27 and 05/28/2025, producing roughly $70k each. Relative to the issuer's listed outstanding shares of 572,423,088, these transactions are de minimis and unlikely to affect valuation metrics or share float materially. The presence of 10b5-1 disclosures indicates preplanned trading activity and procedural compliance.

Corporate Governance Expert

TL;DR: Filing shows compliance with Rule 144 and use of 10b5-1 plans, reducing regulatory risk around insider trades.

The document demonstrates that the person for whose account the securities will be sold represents no undisclosed material information and cites a Rule 10b5-1 trading plan for recent disposals. Reporting the RSU grant date and acquisition method (Restricted Stock Units on 05/17/2025) provides transparency on the insider's holding and cost basis. Given the small scale of the reported dispositions, this is a routine disclosure consistent with good governance and insider reporting practices rather than a governance concern.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	610	109330.30	572423088	08/22/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	05/17/2025	Restricted Stock Units	Issuer			610	05/17/2025	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
10b5-1 Sales for MARTHA TIRINNANZI 5660 New Northside Drive Atlanta GA 30328	Common	05/28/2025	397	70515.14
10b5-1 Sales for MARTHA TIRINNANZI 5660 New Northside Drive Atlanta GA 30328	Common	05/27/2025	397	70312.67

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)