ICE (NYSE: ICE) risk chief logs RSU tax share disposition and new 3,640-unit grant

Rhea-AI Filing Summary

Intercontinental Exchange, Inc. insider activity: Elizabeth Kathryn King, Global Head of Clearing & CRO, reported two equity transactions dated February 10, 2026. A total of 417 shares of common stock were disposed of at $169.48 per share to cover tax withholding on vesting restricted stock units.

On the same date, King acquired 3,640 restricted stock units as an equity award at $0 per share. After these transactions, she directly beneficially owned 25,383 common stock-related interests, including previously granted restricted stock units and performance-based restricted stock units that vest over multi-year schedules.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

King Elizabeth Kathryn

(Last) (First) (Middle)

5660 NEW NORTHSIDE DR

(Street)

ATLANTA GA 30328

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Intercontinental Exchange, Inc. [ ICE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Global Head of Clearing & CRO

3. Date of Earliest Transaction (Month/Day/Year)
02/10/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock Holding	02/10/2026		F		417(1)	D	$169.48	21,743	D
Common Stock Holding	02/10/2026		A		3,640(2)	A	$0	25,383(3)(4)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents shares of restricted stock units issued to the filing person on February 10, 2025. The restricted stock units vest over three years (1/3 on February 10, 2026, 1/3 on February 10, 2027 and 1/3 on February 10, 2028). Of the 3,141 shares, 1,047 shares were issued on February 10, 2026, of which 417 shares were withheld to satisfy payment of the Issuer's tax withholding obligation. The remaining 2,094 shares are scheduled to be issued on the two remaining vesting dates and taxes for these future issuances will be withheld and reported at the time the shares are issued.

2. Represents restricted stock units issued to the filing person on February 10, 2026. This award of restricted stock units vests over three years (1/3 on each anniversary of the award date).

3. The common stock number referred in Table I is an aggregate number and represents 13,896 shares of common stock and 5,734 unvested restricted stock units ("RSUs"), and 5,753 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.

4. 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.

	/s/ Octavia N. Spencer, Attorney-in-fact	02/12/2026
	** Signature of Reporting Person	Date
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FAQ

What insider transactions did ICE Global Head of Clearing Elizabeth King report?

Elizabeth King reported two transactions on February 10, 2026: a tax-withholding disposition of 417 Intercontinental Exchange common shares at $169.48 each, and an acquisition of 3,640 restricted stock units granted at $0 per unit as part of equity compensation.

How many Intercontinental Exchange (ICE) shares does Elizabeth King own after this Form 4?

After the reported transactions, Elizabeth King directly beneficially owned 25,383 Intercontinental Exchange common stock-related interests. This aggregate figure includes 13,896 common shares, 5,734 unvested restricted stock units, and 5,753 performance-based restricted stock units with a satisfied performance period, all vesting over a three-year schedule.

Was the 417-share ICE transaction by Elizabeth King a sale on the open market?

The 417-share transaction was a tax-withholding disposition, not an open-market sale. Shares were withheld at $169.48 per share to satisfy Intercontinental Exchange’s tax withholding obligation tied to vesting restricted stock units issued to Elizabeth King on February 10, 2025.

What are the terms of the 3,640 ICE restricted stock units granted to Elizabeth King?

The 3,640 restricted stock units granted on February 10, 2026 vest over three years, with one-third vesting on each anniversary of the award date. These units were acquired at $0 per unit as part of Elizabeth King’s equity compensation at Intercontinental Exchange.

How do Elizabeth King’s ICE RSUs and PSUs vest over time?

Elizabeth King’s RSUs and PSUs referenced in the filing generally vest over a three-year period, with approximately 33.33% of the units vesting each year. Certain performance-based units tied to TSR and EBITDA have satisfaction and share determination dates extending into February 2027, 2028, and 2029.

What role does Elizabeth King hold at Intercontinental Exchange (ICE)?

Elizabeth King serves as Intercontinental Exchange’s Global Head of Clearing & Chief Risk Officer. In this capacity she is an executive officer, and her equity awards, including restricted stock units and performance-based units, are reported on Form 4 insider transaction filings with the SEC.