Nasdaq EVP Skule sells 1,125 shares at $94.22
Nasdaq’s EVP and chief strategy officer reported a small Rule 10b5-1 planned sale and continues to hold over 100,000 shares.
Rhea-AI Filing Summary
NASDAQ, INC. (NDAQ) reported that executive vice president and chief strategy officer Jeremy Skule sold 1,125 shares of common stock on September 10, 2026 at $94.22 per share in an open-market transaction effected under a Rule 10b5-1(c) trading plan adopted on May 7, 2026. After this sale, he holds 101,198 shares directly, including restricted stock, performance stock units and shares acquired through the employee stock purchase plan.
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Insider Trade Summary 10b5-1
Net Seller: 1,125 shares
Net Sell
1 txn
Insider
SKULE JEREMY
Role
EVP, CSO
Sold
1,125 shs ($106K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.01 per share F1, F2 | 1,125 | $94.22 | $106K |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 101,198 shares (Direct)
Footnotes (2)
- F1. The reported sale was effected pursuant to a Rule 10b5-1(c) trading plan adopted on May 7, 2026.
- F2. Represents (i) 35,511 shares or units of restricted stock, of which 9,551 are vested, (ii) 61,968 shares of Common Stock underlying PSUs, 53,942 of which are vested, and (iii) 3,719 shares of Common Stock purchased under the Issuer's Employee Stock Purchase Plan.
Key Figures
Shares sold: 1,125 shares
Sale price per share: $94.22 per share
Shares held after transaction: 101,198 shares
+4 more
7 metrics
Shares sold
1,125 shares
Common stock sale on September 10, 2026
Sale price per share
$94.22 per share
Open-market sale of Nasdaq, Inc. common stock
Shares held after transaction
101,198 shares
Direct holdings by Jeremy Skule following the sale
Restricted stock and units
35,511 shares/units (9,551 vested)
Portion of post-transaction holdings
PSUs underlying common stock
61,968 shares (53,942 vested)
Performance stock units included in holdings
Employee Stock Purchase Plan shares
3,719 shares
Common stock purchased under ESPP included in holdings
Rule 10b5-1 plan adoption date
May 7, 2026
Trading plan under which the sale was effected
Key Terms
Rule 10b5-1(c) trading plan, restricted stock, PSUs, Employee Stock Purchase Plan
4 terms
Rule 10b5-1(c) trading plan regulatory
"The reported sale was effected pursuant to a Rule 10b5-1(c) trading plan"
A Rule 10b5-1(c) trading plan is a legally defined, pre-set schedule that lets company insiders automatically buy or sell stock at specified times or under set formulas when they are not in possession of undisclosed, sensitive information. Think of it like an automatic payment plan for trades: because the instructions are written in advance, trades under the plan help protect insiders from allegations of trading on secret information and give investors clearer expectations about when insiders will transact, which can affect liquidity and perceived transparency.
restricted stock financial
"Represents (i) 35,511 shares or units of restricted stock, of which 9,551 are vested"
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.
PSUs financial
"61,968 shares of Common Stock underlying PSUs, 53,942 of which are vested"
PSUs are company shares promised to employees or executives that only become actual stock if the business hits specific performance targets over a set period. For investors, PSUs matter because they link pay to measurable outcomes — similar to a conditional bonus that converts into ownership — which can influence management decisions, dilution of shares, and signals about confidence in future results.
Employee Stock Purchase Plan financial
"3,719 shares of Common Stock purchased under the Issuer's 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did NDAQ report for Jeremy Skule?
Jeremy Skule sold 1,125 shares of Nasdaq, Inc. common stock on September 10, 2026 at $94.22 per share in an open-market transaction, and this sale was made under a Rule 10b5-1(c) trading plan adopted on May 7, 2026.
Was the NDAQ insider sale by Jeremy Skule under a Rule 10b5-1 plan?
Yes. The filing states that the reported sale was effected pursuant to a Rule 10b5-1(c) trading plan that Jeremy Skule adopted on May 7, 2026, indicating the trade followed a pre-established plan.
What types of NDAQ equity awards are included in Jeremy Skule’s post-transaction holdings?
The 101,198 shares reported after the sale include 35,511 shares or units of restricted stock (9,551 vested), 61,968 shares underlying PSUs (53,942 vested), and 3,719 shares purchased under Nasdaq’s Employee Stock Purchase Plan.
What role does Jeremy Skule hold at NDAQ according to this Form 4?
Jeremy Skule is identified as an executive vice president and chief strategy officer (EVP, CSO) of Nasdaq, Inc. in the Form 4 insider transaction report.
AI-generated analysis. How Rhea-AI works. Not financial advice.
