Intercontinental Exchange (ICE) director sells 3,700 shares, retains 14,469 including RSUs

Rhea-AI Filing Summary

Intercontinental Exchange, Inc. reported an insider stock sale by a director under a pre-arranged Rule 10b5-1 trading plan. On December 5, 2025, the director sold 3,300 shares of ICE common stock at an average price of $157.8863 and an additional 400 shares at an average price of $158.5375.

After these transactions, the director beneficially owned 14,469 shares, consisting of 12,995 common shares and 1,474 restricted stock units. The restricted stock units are scheduled to vest on the one-year anniversary of their grant date, May 16, 2026. The company notes that detailed breakdowns of the individual sale prices within the disclosed price ranges are available upon request.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

SPRIESER JUDITH A

(Last) (First) (Middle)

5660 NEW NORTHSIDE DRIVE

(Street)

ATLANTA GA 30328

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Intercontinental Exchange, Inc. [ ICE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
12/05/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	12/05/2025		S		3,300(1)	D	$157.8863(2)	14,869	D
Common Stock	12/05/2025		S		400(1)	D	$158.5375(3)	14,469(4)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. This transaction was effected pursuant to a Rule 10b5-1 trading plan which was approved and became effective as of June 5, 2025.

2. The price range for the aggregate amount sold by the direct holder is $157.40 - $158.36. 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.

3. The price range for the aggregate amount sold by the direct holder is $158.40 - $158.79. 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.

4. The common stock number referred in Table I is an aggregate number and represents 12,995 shares of common stock and 1,474 restricted stock units of the Issuer. The restricted stock units vest on the one-year anniversary of the grant date, which is May 16, 2026.

	/s/ Octavia N. Spencer, Attorney-in-fact	12/09/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transaction did ICE (ICE) disclose in this Form 4?

The filing reports that a director of Intercontinental Exchange, Inc. sold ICE common stock in two transactions on December 5, 2025, totaling 3,700 shares (3,300 shares in one sale and 400 shares in another).

At what prices were the ICE (ICE) shares sold in the reported transactions?

The director sold 3,300 shares of ICE common stock at an average price of $157.8863, within a range of $157.40–$158.36, and 400 shares at an average price of $158.5375, within a range of $158.40–$158.79.

How many ICE (ICE) shares does the reporting person own after the sale?

Following the reported transactions, the director beneficially owned 14,469 shares, made up of 12,995 shares of common stock and 1,474 restricted stock units of Intercontinental Exchange, Inc.

Were the ICE (ICE) insider sales made under a Rule 10b5-1 trading plan?

Yes. The transactions were effected pursuant to a Rule 10b5-1 trading plan that was approved and became effective as of June 5, 2025, indicating they followed a pre-arranged trading schedule.

When do the restricted stock units held by the ICE (ICE) director vest?

The 1,474 restricted stock units referenced in the filing are scheduled to vest on the one-year anniversary of their grant date, which is May 16, 2026.

Can investors obtain more detailed price information on the ICE (ICE) insider sales?

Yes. Intercontinental Exchange, Inc. states it will, upon request by the SEC Staff or an ICE security holder, provide full information on the number of shares sold at each separate price within the disclosed price ranges.