Johan Torgeby - 11 Jun 2025 Form 4 Insider Report for NASDAQ, INC. (NDAQ)

Role
Director
Signature
/s/ Erika Moore, by power of attorney
Issuer symbol
NDAQ
Transactions as of
11 Jun 2025
Net transactions value
-$35,030
Form type
4
Filing time
13 Jun 2025, 16:22:35 UTC
Previous filing
25 Jun 2024
Next filing
19 Feb 2026

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Torgeby Johan Director 151 W. 42ND STREET, NEW YORK /s/ Erika Moore, by power of attorney 13 Jun 2025 0001940145

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 +2,995 +11% $0.000000 29,204 11 Jun 2025 Direct F1
transaction NDAQ Common Stock, par value $0.01 per share Tax liability $35,030 -407 -1.4% $86.07 28,797 11 Jun 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 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 entirety of the RSUs vest on June 11, 2026.
F2 Represents the surrender of shares to pay withholding taxes in connection with a vesting of equity previously granted under Nasdaq's Equity Incentive Plan.
F3 Represents (i) 14,797 RSUs granted pursuant to Nasdaq's Equity Incentive Plan, of which 11,802 are vested as of the date hereof and (ii) 14,000 shares of common stock acquired through open market purchases.