ICE (NYSE: ICE) president Jackson sells 3,865 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Intercontinental Exchange, Inc. President Benjamin Jackson reported an open-market sale of 3,865 shares of common stock at $165 per share on February 27, 2026, under a pre-established Rule 10b5-1 trading plan approved and effective as of November 3, 2025.
After this sale, his directly held and equity-based interest reflected in the filing totals 161,439 common stock-related units, including 139,440 shares of common stock, 17,204 unvested restricted stock units and 4,795 performance-based restricted stock units that vest over multi-year periods.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 3,865 shares ($637,725)
Net Sell
1 txn
Insider
Jackson Benjamin
Role
President
Sold
3,865 shs ($638K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 3,865 | $165.00 | $638K |
Holdings After Transaction:
Common Stock — 161,439 shares (Direct)
Footnotes (1)
- This transaction was effected pursuant to a Rule 10b5-1 trading plan which was approved and became effective as of November 3, 2025. The common stock number referred in Table I is an aggregate number and represents 139,440 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. 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 President Benjamin Jackson report on this Form 4?
Benjamin Jackson reported selling 3,865 shares of Intercontinental Exchange common stock in an open-market transaction at $165 per share on February 27, 2026. The sale was disclosed as a routine insider trade under SEC rules.
Was Benjamin Jackson’s ICE stock sale made under a Rule 10b5-1 trading plan?
Yes. The filing states the sale was effected under a Rule 10b5-1 trading plan approved and effective as of November 3, 2025. Such plans pre-schedule trades, helping separate them from day-to-day market or company developments.
What equity awards are included in Benjamin Jackson’s reported ICE holdings?
His reported position includes 17,204 unvested restricted stock units and 4,795 performance-based restricted stock units. These awards generally vest over three years, with 33.33% of units vesting each year once performance and time-based conditions are satisfied.
When will ICE performance-based stock units mentioned in Benjamin Jackson’s filing be determined and reported?
The filing explains that total shareholder return and EBITDA performance share units tied to 2024, 2025 and 2026 cycles will be determined between February 2027 and February 2029. Any resulting shares will be reported when those awards actually vest.
Does this ICE Form 4 mention additional performance-based deal incentive awards for Benjamin Jackson?
Yes. The document notes performance-based restricted stock units granted as Deal Incentive Awards. Their satisfaction and resulting share issuance will be determined between December 2026 and December 2028, subject to further time-based vesting and, if applicable, a subsequent one-year holding period.