Planned stock sales by ICE (NYSE: ICE) executive total 11,303 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Intercontinental Exchange, Inc. President, Fixed Income & Data, Christopher Scott Edmonds reported open-market sales of 11,303 shares of common stock on February 19, 2026, under a pre-approved Rule 10b5-1 trading plan effective as of February 20, 2025. Following these sales, his reported holdings in Table I aggregate 2,662 shares of common stock, plus 9,206 unvested RSUs and 2,398 performance-based RSUs that vest over three years in equal annual installments of 33.33%.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 11,303 shares ($1,738,630)
Net Sell
4 txns
Insider
Edmonds Christopher Scott
Role
President, Fixed Income & Data
Sold
11,303 shs ($1.74M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 4,750 | $153.2135 | $728K |
| Sale | Common Stock | 4,653 | $153.9609 | $716K |
| Sale | Common Stock | 1,700 | $154.9074 | $263K |
| Sale | Common Stock | 200 | $155.715 | $31K |
Holdings After Transaction:
Common Stock — 20,819 shares (Direct)
Footnotes (1)
- This transaction was effected pursuant to a Rule 10b5-1 trading plan which was approved and became effective as of February 20, 2025. The price range for the aggregate amount sold by the direct holder is $152.58 - $153.56. 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. The price range for the aggregate amount sold by the direct holder is $153.58 - $154.57. 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. The price range for the aggregate amount sold by the direct holder is $154.58 - $155.25. 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. The price range for the aggregate amount sold by the direct holder is $155.62 - $155.81. 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. The common stock number referred in Table I is an aggregate number and represents 2,662 shares of common stock and 9,206 unvested restricted stock units ("RSUs"), and 2,398 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 did ICE executive Christopher Scott Edmonds report on this Form 4 for ICE?
Christopher Scott Edmonds reported selling 11,303 shares of Intercontinental Exchange common stock in open-market transactions on February 19, 2026. These trades were disclosed as sales of non-derivative common stock and are detailed across multiple transactions in the filing.
Were Christopher Scott Edmonds’ ICE stock sales under a Rule 10b5-1 plan?
Yes. The filing states the transactions were effected under a Rule 10b5-1 trading plan that was approved and became effective as of February 20, 2025. Such plans pre-schedule trades, helping separate them from day-to-day discretionary decisions.
What ICE equity holdings does Christopher Scott Edmonds report after these transactions?
After the reported sales, the aggregate common stock number in Table I reflects 2,662 shares of common stock, 9,206 unvested RSUs, and 2,398 performance-based RSUs. These unvested awards represent potential future shares subject to vesting and performance conditions.
How do Edmonds’ ICE RSUs and PSUs vest according to the filing?
The filing explains that the RSUs and performance-based RSUs vest over a three-year period, with 33.33% of the units vesting each year. Additional footnotes describe separate TSR and EBITDA PSU awards whose satisfaction will be determined in 2027–2029.
What future dates are tied to ICE performance-based PSU awards for Edmonds?
For certain 2024, 2025 and 2026 TSR and EBITDA PSU grants, satisfaction and share delivery will be determined in February 2027, February 2028 and February 2029. Separate Deal Incentive PSUs reference determinations around December 2026–2028 with added vesting conditions.