Intercontinental Exchange (NYSE: ICE) president details PSU vesting and tax withholding
Rhea-AI Filing Summary
Intercontinental Exchange officer Martin Lynn C, President of NYSE Group, reported equity compensation activity in the form of vested performance share units and related tax withholding. On February 3, 2026, he received 17,164 shares of common stock at $0, issued upon vesting of three-year total shareholder return performance-based restricted stock units granted on February 3, 2023.
On the same date, 8,763 shares of common stock were withheld at $173.18 per share to satisfy the company’s tax withholding obligations tied to the vesting. After these transactions, he directly beneficially owned 67,502 common shares and equity awards, which include common stock, unvested restricted stock units, and performance-based restricted stock units that vest over three-year schedules.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 17,164 | $0.00 | -- |
| Tax Withholding | Common Stock | 8,763 | $173.18 | $1.52M |
Footnotes (1)
- Represents shares issued to the filing person in connection with the vesting of the three-year total shareholder return performance based restricted stock units ("TSR PSUs") granted on February 3, 2023. The payout for the TSR PSUs was determined based on the Issuer's stock price through December 31, 2025 and was based on the total shareholder return from January 1, 2023 through December 31, 2025 relative to the S&P 500. Amount of securities beneficially owned includes 68 shares acquired under the Intercontinental Exchange, Inc. Employee Stock Purchase Plan on December 31, 2025. Represents shares of common stock underlying vested TSR PSUs that are being withheld to satisfy payment of the Issuer's tax withholding obligations. The common stock number referred in Table I is an aggregate number and represents 50,167 shares of common stock and 5,834 unvested restricted stock units ("RSUs"), and 11,501 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 and 2025 TSR PSUs and the corresponding number of shares to be issued pursuant to these awards, will not be determined until February 2027 and February 2028, respectively, and will be reported at the time of vesting. The satisfaction of the 2024 and 2025 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 and February 2028, 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.