Intercontinental Exchange (ICE) director receives 1,538 restricted stock units as equity award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Pinto Daniel E reported acquisition or exercise transactions in this Form 4 filing.
Intercontinental Exchange, Inc. director Daniel E. Pinto reported receiving an equity award of 1,538 restricted stock units of common stock. The RSUs were granted as a compensation award at no cash cost to him and will vest on the one-year anniversary of the grant date, May 18, 2027. Once vested, they may be settled only in shares of Intercontinental Exchange common stock, giving him 1,538 shares-based units credited following this award.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Pinto Daniel E
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,538 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,538 shares (Direct, null)
Footnotes (1)
- Represents restricted stock units. This award of restricted stock units vests on the one-year anniversary of the award date and may be settled only by delivery of shares of the Issuer's common stock, par value $0.01 per share. The common stock number referred in Table 1 represents 1,538 restricted stock units of the Issuer. The restricted stock units vest on the one-year anniversary of the grant date, which is May 18, 2027.
Key Figures
RSUs granted: 1,538 units
Grant price: $0.00 per unit
Holdings after award: 1,538 units
+2 more
5 metrics
RSUs granted
1,538 units
Restricted stock units of ICE common stock granted to director
Grant price
$0.00 per unit
Compensation award, no cash paid by reporting person
Holdings after award
1,538 units
Total common stock-related units following the RSU grant
Vesting date
May 18, 2027
One-year anniversary of the RSU grant date
Security type
Common Stock / RSUs
RSUs settle only in ICE common stock
Key Terms
restricted stock units, vests on the one-year anniversary, may be settled only by delivery of shares, grant, award, or other acquisition
4 terms
restricted stock units financial
"Represents restricted stock units. This award of restricted stock units vests on the one-year anniversary"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
vests on the one-year anniversary financial
"This award of restricted stock units vests on the one-year anniversary of the award date"
grant, award, or other acquisition financial
"transaction_code_description: Grant, award, or other acquisition"
FAQ
What insider transaction did ICE director Daniel E. Pinto report?
Daniel E. Pinto reported receiving an award of 1,538 restricted stock units of Intercontinental Exchange common stock. This is a compensation-related grant at no cash cost, recorded as an acquisition of common stock equivalents under a Form 4 insider filing.
How many Intercontinental Exchange (ICE) RSUs were granted to Daniel Pinto?
Daniel Pinto was granted 1,538 restricted stock units of Intercontinental Exchange common stock. These RSUs are reflected as 1,538 common stock units in the filing and represent his total reported holdings following the award, all tied to this single grant.
When do Daniel Pinto’s ICE restricted stock units vest?
The restricted stock units granted to Daniel Pinto vest on the one-year anniversary of the grant date, May 18, 2027. After vesting, the award may be settled only by delivering shares of Intercontinental Exchange common stock corresponding to the vested RSUs.
Is Daniel Pinto’s ICE Form 4 transaction a market purchase or sale?
The filing shows a grant coded as an acquisition, not a market purchase or sale. The 1,538 restricted stock units were awarded as compensation at a price of $0.00 per unit, rather than being bought or sold in the open market.