ICE (ICE) CTO Kapani logs share vesting and tax share withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Intercontinental Exchange Chief Technology Officer Mayur Kapani reported equity compensation activity linked to performance-based awards. On February 3, 2026, he acquired 12,482 shares of common stock at $0 per share, issued upon vesting of three-year total shareholder return performance stock units granted in February 2023.
On the same date, 5,566 shares were withheld at $173.18 per share to cover tax withholding on the vested units. After these transactions, he directly beneficially owned 72,225 common shares, which include shares, unvested restricted stock units, and performance-based units whose performance conditions have been satisfied.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Kapani Mayur
Role
Chief Technology Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,482 | $0.00 | -- |
| Tax Withholding | Common Stock | 5,566 | $173.18 | $964K |
Holdings After Transaction:
Common Stock — 77,791 shares (Direct)
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 69 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 59,302 shares of common stock and 4,487 unvested restricted stock units ("RSUs"), and 8,436 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.