Nasdaq SVP granted RSUs, shares withheld for tax
Nasdaq, Inc. SVP Michelle Lynn Daly reported routine equity compensation activity.
Rhea-AI Filing Summary
Nasdaq, Inc. SVP Michelle Lynn Daly reported routine equity compensation activity. She received an award of 2,025 Restricted Stock Units (RSUs) under Nasdaq’s Equity Incentive Plan, each representing the right to receive one share of common stock.
The RSUs vest 33% on April 1, 2028, 33% on April 1, 2029, and the balance on April 1, 2030. On the same date, 832 shares were withheld at $84.89 per share to cover taxes on a previously granted equity award, a non-market disposition. Following these events, she holds 11,836 shares and units in total, including 8,405 restricted shares or units (791 vested), 1,764 performance stock units and 1,667 shares purchased through the Employee Stock Purchase Plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Daly Michelle Lynn
Role
SVP, Controller & PAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 2,025 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, par value $0.01 per share | 832 | $84.89 | $71K |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 11,836 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) 8,405 shares or units of restricted stock, of which 791 are vested, (ii) 1,764 shares of Common Stock underlying PSUs, none of which are vested and, (iii) 1,667 shares of Common Stock purchased under the Issuer's Employee Stock Purchase Plan.
Key Figures
RSU award size: 2,025 units
Tax-withheld shares: 832 shares
Withholding price: $84.89 per share
+5 more
8 metrics
RSU award size
2,025 units
Restricted Stock Units granted on April 1, 2026
Tax-withheld shares
832 shares
Shares withheld for taxes on equity award settlement
Withholding price
$84.89 per share
Value used for 832 tax-withheld shares
Post-transaction holdings
11,836 shares and units
Total equity position following reported transactions
Restricted stock/units
8,405 units (791 vested)
Component of Daly’s equity holdings
Performance stock units
1,764 shares
Common stock underlying PSUs, none vested
ESPP shares
1,667 shares
Shares purchased under Employee Stock Purchase Plan
RSU vesting dates
April 1, 2028; April 1, 2029; April 1, 2030
Scheduled vesting for 2,025 RSUs
Key Terms
Restricted Stock Units (RSUs), Equity Incentive Plan, PSUs, Employee Stock Purchase Plan
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
"RSUs 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.
PSUs financial
"1,764 shares of Common Stock underlying PSUs, none 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
"1,667 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 did Nasdaq (NDAQ) disclose about Michelle Lynn Daly’s new equity award?
Nasdaq reported that SVP Michelle Lynn Daly received 2,025 Restricted Stock Units (RSUs) under its Equity Incentive Plan. Each RSU represents a contingent right to one share of common stock, forming part of her long-term stock-based compensation package.
How will Michelle Lynn Daly’s new Nasdaq (NDAQ) RSUs vest over time?
The 2,025 RSUs will vest in three tranches: 33% on April 1, 2028, another 33% on April 1, 2029, and the remaining balance on April 1, 2030. This extended vesting schedule encourages longer-term alignment with shareholder interests.
What types of Nasdaq (NDAQ) equity awards make up Michelle Lynn Daly’s holdings?
Her holdings comprise 8,405 shares or units of restricted stock (791 vested), 1,764 shares underlying performance stock units with no current vesting, and 1,667 shares purchased under Nasdaq’s Employee Stock Purchase Plan, providing diversified equity-based compensation.
AI-generated analysis. How Rhea-AI works. Not financial advice.
