Nasdaq (NDAQ) EVP reports 1,017-share tax-withholding disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nasdaq, Inc. executive Jeremy Skule reported a routine tax-withholding disposition of company stock. On the settlement of a prior equity award under Nasdaq’s Equity Incentive Plan, 1,017 shares of Common Stock were withheld to cover taxes at an effective price of $86.65 per share.
After this non-market transaction, Skule directly holds 104,573 Nasdaq shares. This includes 37,779 shares or units of restricted stock, of which 11,819 are vested, 63,075 shares of Common Stock underlying performance share units, 55,049 of which are vested, and 3,719 shares purchased under the Employee Stock Purchase Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SKULE JEREMY
Role
EVP, CSO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, par value $0.01 per share | 1,017 | $86.65 | $88K |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 104,573 shares (Direct)
Footnotes (1)
- 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. Represents (i) 37,779 shares or units of restricted stock, of which 11,819 are vested, (ii) 63,075 shares of Common Stock underlying PSUs, 55,049 of which are vested, and (iii) 3,719 shares of Common Stock purchased under the Issuer's Employee Stock Purchase Plan.
Key Figures
Shares withheld for taxes: 1,017 shares
Effective price per share: $86.65 per share
Shares held after transaction: 104,573 shares
+3 more
6 metrics
Shares withheld for taxes
1,017 shares
Tax-withholding disposition on equity award settlement
Effective price per share
$86.65 per share
Value used for tax-withholding disposition
Shares held after transaction
104,573 shares
Total direct holdings following tax withholding
Restricted stock units
37,779 shares/units
Restricted stock held, 11,819 vested
Performance share units
63,075 shares
Common Stock underlying PSUs, 55,049 vested
ESPP shares
3,719 shares
Shares purchased under Employee Stock Purchase Plan
Key Terms
tax-withholding disposition, Equity Incentive Plan, restricted stock, PSUs, +1 more
5 terms
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition""
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.
Equity Incentive Plan financial
"equity award previously granted under 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.
restricted stock financial
"37,779 shares or units of restricted stock, of which 11,819 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
"63,075 shares of Common Stock underlying PSUs, 55,049 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
What insider transaction did Nasdaq (NDAQ) EVP Jeremy Skule report?
Jeremy Skule reported a tax-withholding disposition of Nasdaq shares. 1,017 shares of Common Stock were withheld to cover taxes upon settlement of a previously granted equity award under Nasdaq’s Equity Incentive Plan, rather than being sold in the open market.
What equity awards are included in Jeremy Skule’s Nasdaq (NDAQ) holdings?
His holdings include 37,779 shares or units of restricted stock, 11,819 of which are vested. They also include 63,075 shares of Common Stock underlying performance share units, with 55,049 vested, plus 3,719 shares bought through Nasdaq’s Employee Stock Purchase Plan.