[Form 4] Intercontinental Exchange, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Intercontinental Exchange executive Martin Lynn C reported a tax-withholding share disposition related to equity awards. On February 12, 2026, 2,690 shares of common stock were withheld at $151.99 per share to cover tax obligations tied to performance-based restricted stock units that vested that day.
These units were part of a February 3, 2023 grant tied to 2023 EBITDA performance and vest over three years. After this transaction, Martin Lynn C beneficially owned 69,366 shares in total, including common stock, unvested restricted stock units, and performance-based units with satisfied performance conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Martin Lynn C
Role
President, NYSE Group
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,690 | $151.99 | $409K |
Holdings After Transaction:
Common Stock — 69,366 shares (Direct)
Footnotes (1)
- 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 15,805 shares, 5,269 were issued on February 12, 2026, of which 2,690 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. The common stock number referred in Table I is an aggregate number and represents 53,329 shares of common stock and 9,805 unvested restricted stock units ("RSUs"), and 6,232 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. 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. 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
What insider transaction did ICE executive Martin Lynn C report on this Form 4?
Martin Lynn C reported a tax-withholding share disposition. On February 12, 2026, 2,690 Intercontinental Exchange common shares were withheld at $151.99 each to satisfy the issuer’s tax withholding obligation arising from vesting performance-based restricted stock units.
Was the ICE Form 4 transaction a market sale or tax withholding event?
The reported transaction was a tax-withholding event, not an open-market sale. Code F indicates shares were used to pay tax liabilities when equity awards vested, rather than voluntarily sold into the market by the executive.
How do ICE restricted stock units and performance units vest for Martin Lynn C?
The RSUs and PSUs referenced vest over three years, with 33.33% of the units vesting annually. Some PSUs depend on EBITDA or total shareholder return performance, with final share amounts determined and reported at future vesting dates.