Bryan Everard Smith - 19 Feb 2025 Form 4 Insider Report for NASDAQ, INC. (NDAQ)

Signature
/s/ Alex Kogan, by power of attorney
Issuer symbol
NDAQ
Transactions as of
19 Feb 2025
Net transactions value
-$547,070
Form type
4
Filing time
21 Feb 2025, 16:43:58 UTC
Previous filing
04 Feb 2025
Next filing
05 Mar 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NDAQ Common Stock, par value $0.01 per share Award $0 +15,410 +28% $0.000000 70,986 19 Feb 2025 Direct F1
transaction NDAQ Common Stock, par value $0.01 per share Tax liability $547,070 -6,734 -9.5% $81.24 64,252 19 Feb 2025 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the settlement of performance share units (PSUs) that were previously granted under Nasdaq's Equity Incentive Plan. The ultimate amount of shares of Common Stock to be received under the grant depended upon the achievement of performance goals during a three-year performance period from January 1, 2022 through December 31, 2024.
F2 Represents shares of Common Stock withheld for taxes in connection with the settlement of PSUs, as described above.
F3 Represents (i) 19,646 shares or units of restricted stock, of which 3,465 are vested, (ii) 40,306 shares of Common Stock underlying PSUs, all of which are vested, and (iii) 4,300 shares of Common Stock purchased under the Employee Stock Purchase Plan.