ICE executive reports tax-withholding share disposition
Intercontinental Exchange executive Christopher Scott Edmonds reported a tax-related share disposition tied to equity awards.
Rhea-AI Filing Summary
Intercontinental Exchange executive Christopher Scott Edmonds reported a tax-related share disposition tied to equity awards. On February 12, 2026, 1,963 shares of ICE common stock were withheld at $151.99 per share to cover tax obligations arising from vesting performance-based restricted stock units granted in 2023.
After this tax-withholding disposition, Edmonds directly beneficially owned 26,662 ICE-related equity instruments, combining common shares, unvested restricted stock units, and performance-based restricted stock units that vest over multiple years based on time and performance conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 1,963 | $151.99 | $298K |
Footnotes (4)
- F1. Represents shares of performance based restricted stock units granted to the filing person on February 3, 2023. The vesting of the shares of performance based restricted stock units was conditioned upon the achievement of certain 2023 earnings before interest, taxes, depreciation, and amortization ("EBITDA") performance versus pre-established targets. The restricted stock units vest over three years (1/3 on February 12, 2024, 1/3 on February 12, 2025 and 1/3 on February 12, 2026). Of the 12,931 shares, 4,312 were issued on February 12, 2026, of which 1,963 shares were withheld to satisfy payment of the Issuer's tax withholding obligation. The third and final tranche of shares for this award have been issued.
- F2. The common stock number referred in Table I is an aggregate number and represents 12,661 shares of common stock and 9,206 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.
- F3. The satisfaction of the 2024, 2025 and 2026 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 three-year 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.
- F4. 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.
FAQ
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What insider transaction did ICE executive Christopher Scott Edmonds report?
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