ICE president sells 12,862 shares after option
ICE’s president carried out a Rule 10b5-1 option exercise-and-sale for 12,862 shares while maintaining a substantial mix of shares, RSUs and PSUs.
Rhea-AI Filing Summary
Intercontinental Exchange, Inc. (ICE) reported that President Benjamin Jackson exercised employee stock options for 12,862 shares of common stock at an exercise price of $57.31 per share on September 1, 2026, and sold 12,862 shares in multiple transactions at prices around $159–$161 per share pursuant to a Rule 10b5-1 trading plan effective November 3, 2025. Following these transactions, his beneficial ownership reflected in the common stock line represents 142,265 shares of common stock, 17,204 unvested RSUs, and 4,795 PSUs, with additional PSU awards whose satisfaction and share issuance will be determined between December 2026 and February 2029.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and Sale: 12,862 shares ($1.32M approx. pre-tax spread)
Exercise and Sale
7 txns
Insider
Jackson Benjamin
Role
President
Sold
12,862 shs ($2.06M)
Approx. gross sale proceeds
$2.06M
Approx. exercise cost
$737K
Approx. pre-tax spread
$1.32M
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) Holding F9 | 6,431 | $0.00 | $0.00 |
| Exercise | Employee Stock Option (right to buy) Holding F9 | 6,431 | $0.00 | $0.00 |
| Exercise | Common Stock F1, F2 | 6,431 | $57.31 | $369K |
| Exercise | Common Stock F1 | 6,431 | $57.31 | $369K |
| Sale | Common Stock F1, F3 | 5,020 | $159.6835 | $802K |
| Sale | Common Stock F1, F4 | 6,242 | $160.1684 | $1000K |
| Sale | Common Stock F1, F5, F6, F7, F8 | 1,600 | $161.0513 | $258K |
Holdings After Transaction:
Employee Stock Option (right to buy) Holding — 0 contracts (Direct);
Common Stock — 164,264 shares (Direct)
Footnotes (9)
- F1. This transaction was effected pursuant to a Rule 10b5-1 trading plan which was approved and became effective as of November 3, 2025.
- F2. Amount of securities beneficially owned includes 101 shares acquired under Intercontinental Exchange, Inc. Employee Stock Purchase Plan on June 30, 2026.
- F3. The price range for the aggregate amount sold by the direct holder is $158.80 - $159.78. The Issuer will upon request by the Staff of the U.S. Securities and Exchange Commission or a security holder of the Issuer provide the full information regarding the number of shares sold at each separate price.
- F4. The price range for the aggregate amount sold by the direct holder is $159.80 - $160.59. The Issuer will upon request by the Staff of the U.S. Securities and Exchange Commission or a security holder of the Issuer provide the full information regarding the number of shares sold at each separate price.
- F5. The price range for the aggregate amount sold by the direct holder is $160.89 - $161.29. The Issuer will upon request by the Staff of the U.S. Securities and Exchange Commission or a security holder of the Issuer provide the full information regarding the number of shares sold at each separate price.
- F6. The common stock number referred in Table I is an aggregate number and represents 142,265 shares of common stock and 17,204 unvested restricted stock units ("RSUs"), and 4,795 performance based restricted stock units ("PSUs"), for which the performance period has been satisfied. The RSUs and PSUs vest over a three-year period, in which 33.33% of the units vest each year.
- F7. The satisfaction of the 2024, 2025 and 2026 three-year total shareholder return (TSR) PSUs and the corresponding number of shares to be issued pursuant to these awards, will not be determined until February 2027, February 2028 and February 2029, respectively, and will be reported at the time of vesting. The satisfaction of the 2024, 2025 and 2026 year-three earnings before interest, taxes, depreciation, and amortization (EBITDA) PSUs and the corresponding number of shares to be issued pursuant to these awards, will not be determined until February 2027, February 2028 and February 2029, respectively, and will be reported at the time of vesting.
- F8. The satisfaction of the performance based restricted stock units granted as Deal Incentive Awards and the corresponding number of shares to be issued pursuant to these awards, will not be determined until December 2026, December 2027 and December 2028 and will be subject to additional time-based vesting conditions and, if applicable, a subsequent one-year holding period.
- F9. These options are fully vested.
Key Figures
Options exercised: 12,862 shares
Option exercise price: $57.31 per share
Shares sold at $159.6835: 5,020 shares
+5 more
8 metrics
Options exercised
12,862 shares
Employee stock options for ICE common stock exercised on September 1, 2026
Option exercise price
$57.31 per share
Exercise price of employee stock options for 12,862 shares
Shares sold at $159.6835
5,020 shares
ICE common stock sale on September 1, 2026
Shares sold at $160.1684
6,242 shares
ICE common stock sale on September 1, 2026
Shares sold at $161.0513
1,600 shares
ICE common stock sale on September 1, 2026
Common stock beneficially owned
142,265 shares
Aggregate ICE common stock referenced in Table I after the reported transactions
Unvested RSUs
17,204 units
Unvested restricted stock units included in the aggregate common stock line
Performance-based PSUs
4,795 units
Performance-based restricted stock units with satisfied performance period
Key Terms
Rule 10b5-1 trading plan, Employee Stock Purchase Plan, restricted stock units ("RSUs"), performance based restricted stock units ("PSUs"), +2 more
6 terms
Rule 10b5-1 trading plan regulatory
"This transaction was effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Employee Stock Purchase Plan financial
"shares acquired under Intercontinental Exchange, Inc. Employee Stock Purchase Plan"
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
restricted stock units ("RSUs") financial
"represents 142,265 shares of common stock and 17,204 unvested restricted stock units ("RSUs")"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
performance based restricted stock units ("PSUs") financial
"and 4,795 performance based restricted stock units ("PSUs"), for which the performance period"
earnings before interest, taxes, depreciation, and amortization (EBITDA) financial
"The satisfaction of the 2024, 2025 and 2026 year-three earnings before interest, taxes, depreciation, and amortization (EBITDA) PSUs"
FAQ
What did ICE President Benjamin Jackson report on this Form 4 for ICE stock?
He exercised options for 12,862 shares of Intercontinental Exchange, Inc. common stock at $57.31 per share and sold 12,862 shares on September 1, 2026, in multiple transactions at prices around $159–$161 per share under a Rule 10b5-1 trading plan.
How many ICE options did Benjamin Jackson exercise and at what price?
He exercised employee stock options covering 12,862 shares of Intercontinental Exchange, Inc. common stock at an exercise price of $57.31 per share. The options were fully vested and had an original expiration date of January 18, 2027.
Were Benjamin Jackson’s ICE trades made under a Rule 10b5-1 plan?
Yes. A footnote states the transactions were effected pursuant to a Rule 10b5-1 trading plan that was approved and became effective as of November 3, 2025, and the filing’s Rule 10b5-1 checkbox is affirmed.
What is Benjamin Jackson’s post-transaction equity position in ICE reported here?
The common stock line reflects an aggregate of 142,265 shares of Intercontinental Exchange, Inc. common stock, 17,204 unvested restricted stock units (RSUs), and 4,795 performance-based restricted stock units (PSUs), plus 101 shares acquired under the Employee Stock Purchase Plan included in the beneficially owned amount.
What future ICE PSU vesting outcomes are described for Benjamin Jackson?
Footnotes state that satisfaction and share issuance for 2024–2026 TSR and EBITDA PSUs will be determined in February 2027, 2028 and 2029, and that certain Deal Incentive Award PSUs will be determined in December 2026, 2027 and 2028, subject to additional vesting and holding conditions.
AI-generated analysis. How Rhea-AI works. Not financial advice.
