Intercontinental Exchange (NYSE: ICE) director sells $217K in preset trade
Rhea-AI Filing Summary
Intercontinental Exchange, Inc. (ICE) director Martha A. Tirinnanzi reported selling 1,340 shares of common stock on August 26, 2026 at $161.16 per share in an open-market transaction. This trade was made pursuant to a Rule 10b5-1 trading plan that was approved and became effective as of May 11, 2026.
After the sale, her reported holdings tied to this Form 4 total 3,747 ICE equity units, consisting of 2,049 shares of common stock and 1,698 restricted stock units. The restricted stock units are scheduled to vest on the one-year anniversary of the grant date, May 18, 2027.
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Insider Trade Summary 10b5-1
Net Seller: 1,340 shares
Net Sell
1 txn
Insider
Tirinnanzi Martha A
Role
Director
Sold
1,340 shs ($216K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 1,340 | $161.16 | $216K |
Holdings After Transaction:
Common Stock — 3,747 shares (Direct)
Footnotes (2)
- F1. This transaction was effected pursuant to a Rule 10b5-1 trading plan which was approved and became effective as of May 11, 2026.
- F2. The common stock number referred in Table 1 is an aggregate number and represents 2,049 shares of common stock and 1,698 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
Shares sold: 1,340 shares of common stock
Sale price per share: $161.16 per share
Approximate transaction value: $216,954
+5 more
8 metrics
Shares sold
1,340 shares of common stock
Sale on August 26, 2026 by director Martha A. Tirinnanzi
Sale price per share
$161.16 per share
Open-market sale of ICE common stock on August 26, 2026
Approximate transaction value
$216,954
1,340 shares sold at $161.16 per share
Total holdings after transaction
3,747 ICE equity units
Aggregate of common stock and restricted stock units following the sale
Common stock held after transaction
2,049 shares
Component of aggregate holdings referenced in Table 1
Restricted stock units held
1,698 restricted stock units
Included in aggregate holdings; scheduled to vest May 18, 2027
Rule 10b5-1 plan effective date
May 11, 2026
Effective date of the trading plan under which the sale occurred
RSU vesting date
May 18, 2027
One-year anniversary of the restricted stock unit grant date
Key Terms
Rule 10b5-1 trading plan, restricted stock units, vest, open market or private transaction
4 terms
Rule 10b5-1 trading plan regulatory
"This transaction was effected pursuant to a Rule 10b5-1 trading plan..."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
restricted stock units financial
"represents 2,049 shares of common stock and 1,698 restricted stock units..."
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.
vest financial
"The restricted stock units vest on the one-year anniversary of the grant date..."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
open market or private transaction financial
"transaction code description: Sale in open market or private transaction"
FAQ
What insider transaction did ICE director Martha A. Tirinnanzi report on this Form 4 for ICE?
Martha A. Tirinnanzi reported selling 1,340 shares of Intercontinental Exchange, Inc. common stock on August 26, 2026 at $161.16 per share in an open-market transaction, under transaction code "S" for a sale.
Was the ICE insider trade by Martha A. Tirinnanzi made under a Rule 10b5-1 plan?
Yes. The filing states the transaction was effected pursuant to a Rule 10b5-1 trading plan that was approved and became effective as of May 11, 2026, indicating it was pre-arranged under that plan.
When do Martha A. Tirinnanzi’s restricted stock units in ICE vest?
The filing states that her 1,698 restricted stock units vest on the one-year anniversary of the grant date, which is May 18, 2027.
AI-generated analysis. How Rhea-AI works. Not financial advice.