Welcome to our dedicated page for NASDAQ SEC filings (Ticker: NDAQ), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Nasdaq, Inc. filings document governance, financial results, capital actions and registered securities for a public market-technology operator. Recent 8-K reports cover quarterly and annual results, Regulation FD presentation materials, dividend declarations, amendments to charter and bylaw provisions, and tender offers involving outstanding senior notes.
The company’s proxy materials describe board matters, shareholder voting items, executive compensation and equity awards. Cover-page disclosures identify Nasdaq common stock and listed senior notes, including securities registered on The Nasdaq Stock Market and related Nasdaq trading venues.
Nasdaq, Inc. Chair and CEO Adena Friedman reported equity compensation transactions involving company stock. She acquired 228,455 shares of common stock at $0 through the settlement of previously granted performance share units, and 115,775 shares were disposed of at $80.42 to cover tax withholding on that settlement.
She also received a new grant of 41,740 performance share units at $0, which are tied to performance goals through December 31, 2025 and are scheduled to vest on January 4, 2027. Following these transactions, she directly holds over two million shares and employee stock options covering 206,451 shares at $22.22 and 306,936 shares at $67.48. Additional common shares are held indirectly in two family trusts for estate-planning purposes.
Smith Bryan Everard reported multiple insider transaction types in a Form 4 filing for NDAQ. The filing lists transactions totaling 39,038 shares at a weighted average price of $82.51 per share. Following the reported transactions, holdings were 76,860 shares.
SKULE JEREMY reported multiple insider transaction types in a Form 4 filing for NDAQ. The filing lists transactions totaling 47,223 shares at a weighted average price of $82.51 per share. Following the reported transactions, holdings were 100,289 shares.
Peterson Bradley J reported multiple insider transaction types in a Form 4 filing for NDAQ. The filing lists transactions totaling 73,304 shares at a weighted average price of $82.51 per share. Following the reported transactions, holdings were 144,902 shares.
Griggs PC Nelson reported multiple insider transaction types in a Form 4 filing for NDAQ. The filing lists transactions totaling 77,448 shares at a weighted average price of $82.51 per share. Following the reported transactions, holdings were 232,021 shares.
Daly Michelle Lynn reported multiple insider transaction types in a Form 4 filing for NDAQ. The filing lists transactions totaling 11,263 shares at a weighted average price of $82.51 per share. Following the reported transactions, holdings were 14,982 shares.
Tal Cohen reported multiple insider transaction types in a Form 4 filing for NDAQ. The filing lists transactions totaling 77,448 shares at a weighted average price of $82.51 per share. Following the reported transactions, holdings were 228,165 shares.
Nasdaq, Inc. executive John Zecca reported multiple equity award transactions in company stock. On February 11, 2026, he acquired 24,602 shares of Common Stock at $0 through settlement of performance share units tied to goals for the period from January 1, 2023 through December 31, 2025.
On the same date, 9,430 shares were disposed of at $82.51 to cover taxes related to that settlement. He also received an additional 8,026 shares at $0 in connection with performance share units based on goals for January 1, 2024 through December 31, 2025, with underlying shares scheduled to vest on January 4, 2027. After these transactions, he directly held 148,872 shares of Nasdaq Common Stock, including restricted stock and vested and unvested performance share units.
Investor AB, a 10% owner of Nasdaq, Inc. (NDAQ), reported an indirect open‑market purchase of 200,000 shares of common stock. The transaction on February 13, 2026 was executed at a weighted average price of $79.1752 per share, across multiple trades between $79.10 and $79.52.
The shares are held directly by Innax AB (formerly Patricia Holding AB), for which Investor AB is the sole shareholder. Following this transaction, entities associated with the reporting person indirectly hold 58,382,426 shares of Nasdaq common stock, with certain parties disclaiming beneficial ownership except to the extent of their pecuniary interest.
Nasdaq, Inc. describes how it has evolved into a global technology platform powering markets, data and regulatory infrastructure worldwide. The company now organizes its business into three segments: Capital Access Platforms, Financial Technology and Market Services, serving about 3,800 clients and more than 135 marketplaces in over 55 countries.
As of December 31, 2025, Nasdaq hosted 5,599 listed companies across its U.S., Nordic, Baltic and First North exchanges, including 4,480 on The Nasdaq Stock Market and 1,119 on Nordic and Baltic venues. In 2025, there were 784 new U.S. listings, with 155 operating-company IPOs, 126 SPAC IPOs, 20 exchange switches and 452 ETP and other listings.
Nasdaq’s index franchise remains significant, with 451 ETPs on 27 exchanges tracking its indices and $882 billion in assets tied to them as of December 31, 2025; more than $640 billion tracked Nasdaq-100 core indices. The firm also details a substantial note program, including dollar and euro senior unsecured notes maturing between 2026 and 2063.
The filing highlights strategic emphasis on AI, cloud migration with AWS, and the Adenza (AxiomSL and Calypso) acquisition to deepen regulatory technology and trading solutions. Nasdaq outlines plans for 23-hour Global Trading Hours on The Nasdaq Stock Market in the second half of 2026, subject to regulatory approval, and a wind-down of its Nordic power futures and related commodities clearing by 2026.
Nasdaq also underscores sustainability and human-capital priorities. As of December 31, 2025, it employed 9,525 people, reported an 81% favorable employee engagement score and a 5.6% voluntary attrition rate, and describes progress toward science-based climate targets and expanded ESG data and reporting tools for clients.