NASDAQ executive receives 11,743-share RSU stock grant
NASDAQ, Inc. President of Capital Access Platforms Nelson Griggs reported routine equity compensation activity.
Rhea-AI Filing Summary
NASDAQ, Inc. President of Capital Access Platforms Nelson Griggs reported routine equity compensation activity. He received 11,743 shares of Common Stock as a grant of Restricted Stock Units under the company’s Equity Incentive Plan, with no cash paid per share.
The RSUs vest 33% on April 1, 2028, 33% on April 1, 2029, and the remainder on April 1, 2030. Separately, 3,308 shares of Common Stock were withheld at $84.89 per share to cover taxes on a previously granted equity award. After these transactions, he holds 240,456 shares directly, plus additional restricted stock and PSUs noted in the footnotes.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Griggs PC Nelson
Role
Pres. Capital Access Platforms
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 11,743 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, par value $0.01 per share | 3,308 | $84.89 | $281K |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 240,456 shares (Direct)
Footnotes (3)
- F1. Represents an award of Restricted Stock Units (RSUs) granted pursuant to the Issuer's Equity Incentive Plan. Each unit represents a contingent right to receive one share of the Issuer's Common Stock. The RSUs shall vest with respect to 33% of the RSUs on April 1, 2028, 33% on April 1, 2029, and the remainder on April 1, 2030.
- F2. Represents shares of Common Stock withheld for taxes in connection with the settlement of an equity award previously granted under the Issuer's Equity Incentive Plan.
- F3. Represents (i) 84,628 shares or units of restricted stock, of which 46,360 are vested and (ii) 155,828 shares of Common Stock underlying PSUs, 142,986 of which are vested.
Key Figures
RSU grant size: 11,743 shares
Tax-withheld shares: 3,308 shares
Tax withholding price: $84.89/share
+3 more
6 metrics
RSU grant size
11,743 shares
Restricted Stock Units granted on April 1, 2026
Tax-withheld shares
3,308 shares
Shares withheld for taxes at $84.89 per share
Tax withholding price
$84.89/share
Value used for shares withheld for tax liability
Direct holdings after transactions
240,456 shares
Common Stock held directly following reported Form 4 activity
Restricted stock/units
84,628 shares or units
Restricted stock position, including 46,360 vested units
PSUs underlying shares
155,828 shares
Common Stock underlying Performance Stock Units, 142,986 vested
Key Terms
Restricted Stock Units (RSUs), Equity Incentive Plan, Performance Stock Units (PSUs), tax-withholding disposition
4 terms
Restricted Stock Units (RSUs) financial
"Represents an award of Restricted Stock Units (RSUs) granted pursuant to the Issuer's Equity Incentive Plan."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
Equity Incentive Plan financial
"granted pursuant to the Issuer's Equity Incentive Plan."
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
Performance Stock Units (PSUs) financial
"155,828 shares of Common Stock underlying PSUs, 142,986 of which are vested."
Performance stock units (PSUs) are a form of executive or employee pay that promise company shares only if pre-set performance goals are met over a defined period; think of them as a bonus paid in stock that arrives only when the company hits agreed targets. Investors watch PSUs because they affect the number of shares outstanding (dilution) and reveal how management’s pay is tied to financial or operational results, aligning incentives with shareholder outcomes.
tax-withholding disposition financial
"Payment of exercise price or tax liability by delivering securities"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Nelson Griggs report in this NASDAQ (NDAQ) Form 4 filing?
Nelson Griggs reported a routine equity compensation grant and related tax withholding. He received 11,743 shares via Restricted Stock Units and had 3,308 shares withheld to cover taxes on a prior equity award under NASDAQ’s Equity Incentive Plan.
What is the vesting schedule for Nelson Griggs’ new NASDAQ (NDAQ) RSU award?
The RSU award vests in three installments: 33% on April 1, 2028, 33% on April 1, 2029, and the remaining portion on April 1, 2030. Vesting requires continued service and delivers shares of NASDAQ Common Stock when each tranche vests.
What additional equity awards in NASDAQ (NDAQ) does Nelson Griggs have outstanding?
Footnotes state he holds 84,628 shares or units of restricted stock, of which 46,360 are vested, and 155,828 shares of Common Stock underlying Performance Stock Units, with 142,986 of those PSUs vested. These awards supplement his directly held NASDAQ shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
