Nasdaq executive Nelson Griggs sells 17,787 shares

Nasdaq, Inc. officer Nelson Griggs, President of Capital Access Platforms, reported open-market sales of a total of 17,787 common shares.

Accepted by SEC EDGAR 07/28/2026 - 04:05 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

Nasdaq, Inc. officer Nelson Griggs, President of Capital Access Platforms, reported open-market sales of a total of 17,787 common shares. He sold 6,777 shares on July 24, 2026 at $92.53 per share and 11,010 shares on July 27, 2026 at a weighted-average $93.96 (range $93.83–$94.10). He continues to hold equity awards covering 66,960 restricted shares or units and 149,051 PSUs, with substantial portions already vested.

Insider Trade Summary

Net Seller: 17,787 shares

Net Sell 2 txns

Insider Griggs PC Nelson

Role Pres. Capital Access Platforms

Sold 17,787 shs ($1.66M)

Share of Position Sold 7.6%

Type	Security	Shares	Price	Value
Sale	Common Stock, par value $0.01 per share F1, F2	11,010	$93.96	$1.03M
Sale	Common Stock, par value $0.01 per share	6,777	$92.53	$627K

Holdings After Transaction: Common Stock, par value $0.01 per share — 216,011 shares (Direct)

Holdings Before and After: Common Stock, par value $0.01 per share, 233,798 to 216,011 shares (Direct)

Other Insiders: 2 other insiders reported open-market sales of this stock in the 30 days up to this filing.

Footnotes (2)

1. F1. The price reported in this box is a weighted average price. These shares were sold in multiple transactions at prices ranging from $93.83 to $94.10, 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.
2. F2. Represents (i) 66,960 shares or units of restricted stock, of which 31,756 are vested and (ii) 149,051 shares of Common Stock underlying PSUs, 136,209 of which are vested.

Key Figures

Shares sold 2026-07-24: 6,777 shares Shares sold 2026-07-27: 11,010 shares Total shares sold July 2026: 17,787 shares +5 more

8 metrics

Shares sold 2026-07-24 6,777 shares Open-market sale of common stock at $92.53 per share

Shares sold 2026-07-27 11,010 shares Open-market sale at weighted-average $93.96, range $93.83–$94.10

Total shares sold July 2026 17,787 shares Combined July 24 and July 27, 2026 common stock sales

Restricted stock units held 66,960 shares or units Restricted stock/units held after transactions; 31,756 vested

Vested restricted stock units 31,756 shares or units Portion of restricted stock/units that is vested

PSUs underlying common stock 149,051 shares Common stock underlying PSUs held after transactions; 136,209 vested

Vested PSUs 136,209 shares Portion of performance stock units that is vested

Sale price 2026-07-24 $92.53 per share Per-share price for 6,777-share sale on July 24, 2026

Key Terms

weighted average price, restricted stock, PSUs

3 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

"Represents (i) 66,960 shares or units of restricted stock, of which 31,756 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

"149,051 shares of Common Stock underlying PSUs, 136,209 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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did Nelson Griggs report for Nasdaq (NDAQ)?

Nelson Griggs reported two open-market sales of Nasdaq (NDAQ) common stock totaling 17,787 shares. He sold 6,777 shares on July 24, 2026 at $92.53 per share and 11,010 shares on July 27, 2026 at a weighted-average $93.96 for cash proceeds.

How many Nasdaq (NDAQ) shares did Nelson Griggs sell on July 24, 2026?

On July 24, 2026, Nelson Griggs sold 6,777 shares of Nasdaq (NDAQ) common stock at a per-share price of $92.53. This was one of two reported sales in July 2026 totaling 17,787 shares, both open-market transactions disclosed in the Form 4.

At what prices were Nelson Griggs’ July 27, 2026 NDAQ sales executed?

On July 27, 2026, Griggs sold 11,010 Nasdaq shares at a weighted-average price of $93.96 per share. The filing notes multiple trades within a price range from $93.83 to $94.10, with full trade details available upon request from the issuer or SEC staff.

What Nasdaq (NDAQ) equity awards does Nelson Griggs still hold after these sales?

After these sales, Nelson Griggs continues to hold 66,960 shares or units of restricted stock, of which 31,756 are vested, and 149,051 shares of common stock underlying PSUs, including 136,209 vested PSUs, according to the footnote disclosure in the Form 4 filing.

Were Nelson Griggs’ NDAQ share sales under a Rule 10b5-1 plan?

The Form 4 indicates the Rule 10b5‑1 checkbox was not marked, so these NDAQ sales are not affirmatively reported as made under a Rule 10b5‑1 trading plan. The footnotes also do not describe any such pre-arranged trading arrangement for these transactions.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Griggs PC Nelson

(Last) (First) (Middle)

151 W. 42ND STREET

(Street)

NEW YORK NEW YORK 10036

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
NASDAQ, INC. [ NDAQ ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Pres. Capital Access Platforms

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
07/24/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.01 per share	07/24/2026		S		6,777	D	$92.53	227,021	D
Common Stock, par value $0.01 per share	07/27/2026		S		11,010	D	$93.96(1)	216,011(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The price reported in this box is a weighted average price. These shares were sold in multiple transactions at prices ranging from $93.83 to $94.10, 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.

2. Represents (i) 66,960 shares or units of restricted stock, of which 31,756 are vested and (ii) 149,051 shares of Common Stock underlying PSUs, 136,209 of which are vested.

	/s/ Alex Kogan, by power of attorney	07/28/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)