Intercontinental Exchange (NYSE: ICE) director receives 1,538 restricted stock units
Rhea-AI Filing Summary
Bowen Sharon reported acquisition or exercise transactions in this Form 4 filing.
Intercontinental Exchange director Sharon Bowen received an equity award in the form of restricted stock units. She was granted 1,538 restricted stock units of common stock on May 18, 2026, at no cash cost. These units vest on the one-year anniversary of the award date and will be settled in shares of common stock.
After this grant, her aggregate direct position reported in the filing is 15,744 units, consisting of 14,206 shares of common stock and 1,538 restricted stock units that vest on May 18, 2027.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 1,538 | $0.00 | -- |
Footnotes (1)
- Represents restricted stock units. This award of restricted stock units vests on the one-year anniversary of the award date and may be settled only by delivery of shares of the Issuer's common stock, par value $0.01 per share. The common stock number referred in Table 1 is an aggregate number and represents 14,206 shares of common stock and 1,538 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
Key Terms
restricted stock units financial
vests financial
grant date financial
FAQ
What did Sharon Bowen report in this Form 4 for Intercontinental Exchange (ICE)?
Sharon Bowen reported receiving a grant of 1,538 restricted stock units of ICE common stock. The award is part of her director compensation and increases her total reported direct holdings, including both common shares and unvested restricted stock units.
When do Sharon Bowen’s newly granted ICE restricted stock units vest?
The 1,538 restricted stock units granted to Sharon Bowen vest on the one-year anniversary of the award date. According to the filing, the restricted stock units will vest on May 18, 2027, assuming the vesting conditions are satisfied.
Does Sharon Bowen pay cash for the 1,538 ICE restricted stock units granted?
No, Bowen does not pay cash for these restricted stock units. The Form 4 shows the transaction price per share as zero, which indicates the award is a stock-based compensation grant rather than an open-market purchase.
What happens when Sharon Bowen’s ICE restricted stock units vest?
When the 1,538 restricted stock units vest, they may be settled only by delivery of ICE common stock. At vesting, she will receive an equivalent number of common shares, increasing her directly held stock, subject to any applicable tax or company procedures.