Nasdaq officer Michelle Daly proposes $118K share sale

The securities listed for sale include restricted stock and shares acquired through an employee stock purchase plan.

Accepted by SEC EDGAR 04/24/2026 - 04:03 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

NASDAQ, Inc. officer Michelle Daly reported a proposed sale of 1,324 common shares, with an aggregate market value of $117,602.13 and an approximate sale date of April 24, 2026.

During the past three months, Michelle Daly sold 4,339 common shares on February 19, 2026, for gross proceeds of $352,934.69.

Key Figures

Common shares proposed for sale: 1,324 shares Aggregate market value: $117,602.13 Common shares sold: 4,339 shares +1 more

4 metrics

Common shares proposed for sale 1,324 shares Approximate sale date: April 24, 2026

Aggregate market value $117,602.13 Common shares proposed for sale

Common shares sold 4,339 shares February 19, 2026; during the past three months

Gross proceeds $352,934.69 Sale on February 19, 2026

Key Terms

Restricted Stock, Employee Stock Purchase Plan, Aggregate Market Value, Gross Proceeds

4 terms

Restricted Stock financial

"Restricted Stock acquired April 1, 2026"

Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.

Employee Stock Purchase Plan financial

"Employee Stock Purchase Plan"

An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.

Aggregate Market Value financial

"Aggregate Market Value of securities to be sold"

Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.

Gross Proceeds financial

"Gross Proceeds from securities sold during the past 3 months"

The total amount of cash a company receives from a financing event or sale before any fees, expenses, taxes or deductions are taken out. Investors watch gross proceeds because it shows the raw scale of new capital being raised—think of it as the paycheck amount before withholdings—which helps assess how much funding is available for operations, growth, debt payoff or how much shareholder dilution might occur once costs are removed.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many NDAQ shares is Michelle Daly proposing to sell?

Michelle Daly reported a proposed sale of 1,324 common shares, with an aggregate market value of $117,602.13 and an approximate sale date of April 24, 2026.

How many NDAQ shares did Michelle Daly sell recently?

During the past three months, Michelle Daly sold 4,339 common shares on February 19, 2026, for gross proceeds of $352,934.69.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0001860776
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	NASDAQ, INC.
SEC File Number	001-38855
Address of Issuer	151 W. 42nd Street, New York NEW YORK 10036
Phone	212-401-8700
Name of Person for Whose Account the Securities are To Be Sold	MICHELLE DALY
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	Officer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza 8th Floor New York NY 10004	1324	117602.13	565540798	04/24/2026	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	04/01/2026	Restricted Stock	Issuer			430	04/01/2026	Not Applicable
Common	04/01/2026	Restricted Stock	Issuer			361	04/01/2026	Not Applicable
Common	04/03/2026	Restricted Stock	Issuer			403	04/03/2026	Not Applicable
Common	12/31/2021	Employee Stock Purchase Plan	Issuer			130	12/31/2021	Cash

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
MICHELLE DALY 151 W. 42nd Street, New York NY 10036	Common	02/19/2026	4339	352934.69

144: Remarks and Signature

Remarks
Date of Notice	04/24/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	/s/ Michelle L. Daly
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)