Nasdaq executive Tal Cohen sells 2,286 shares
Cohen's reported position includes restricted stock, shares underlying PSUs and Employee Stock Purchase Plan shares.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Tal Cohen, Pres. Market Platforms at Nasdaq, Inc., sold 2,286 shares of common stock on November 4, 2026, at a weighted average price of $109.40 per share; individual sale prices ranged from $109.40 to $109.41, inclusive. His reported post-transaction holdings comprised 111,598 shares or units of restricted stock, 87,017 shares underlying PSUs, and 1,886 shares purchased under the Employee Stock Purchase Plan. No Rule 10b5-1 plan is reported.
Insider Trade Summary
Net Seller: 2,286 shares
Net Sell
1 txn
Insider
Tal Cohen
Role
Pres. Market Platforms
Sold
2,286 shs ($250K)
Share of Position Sold
1.1%
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock, par value $0.01 per share F1, F2 | 2,286 | $109.40 | $250K |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 200,501 shares (Direct)
Holdings Before and After:
Common Stock, par value $0.01 per share, 202,787 to 200,501 shares (Direct)
Other Insiders: 2 other insiders reported open-market sales of this stock in the 30 days up to this filing.
Footnotes (2)
- F1. The price reported in this box is a weighted average price. These shares were sold in multiple transactions at prices ranging from $109.40 to $109.41, inclusive. The reporting person undertakes to provide to the Issuer, any of its security holders, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
- F2. Represents (i) 111,598 shares or units of restricted stock, of which 38,238 are vested, (ii) 87,017 shares of Common Stock underlying PSUs, 74,175 of which are vested, and (iii) 1,886 shares of Common Stock purchased under the Issuer's Employee Stock Purchase Plan.
Key Figures
Common shares sold: 2,286 shares
Weighted average sale price: $109.40 per share
Sale price range: $109.40 to $109.41 per share
+3 more
6 metrics
Common shares sold
2,286 shares
November 4, 2026
Weighted average sale price
$109.40 per share
Sale on November 4, 2026
Sale price range
$109.40 to $109.41 per share
Inclusive range for the sale
Restricted stock
111,598 shares or units
Reported post-transaction holdings; 38,238 vested
Shares underlying PSUs
87,017 shares
Reported post-transaction holdings; 74,175 vested
Employee Stock Purchase Plan shares
1,886 shares
Reported post-transaction holdings
Key Terms
weighted average price, restricted stock, PSUs, Employee Stock Purchase Plan
4 terms
weighted average price financial
"The price reported in this box is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
restricted stock financial
"shares or units of restricted stock"
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
"shares of Common Stock underlying PSUs"
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
"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 holdings did Tal Cohen report after the NDAQ sale?
His reported post-transaction holdings included 111,598 shares or units of restricted stock, of which 38,238 were vested; 87,017 shares underlying PSUs, of which 74,175 were vested; and 1,886 shares purchased under the Employee Stock Purchase Plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
