Oliver Albers - 31 Dec 2022 Form 4 Insider Report for NASDAQ, INC. (NDAQ)

Role: Executive Vice President
Signature: /s/ Alex Kogan, by power of attorney
Issuer symbol: NDAQ
Transactions as of: 31 Dec 2022
Net transactions value: -$38,600
Form type: 4
Filing time: 04 Jan 2023, 16:15:37 UTC
Previous filing: 08 Dec 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NDAQ	Common Stock, par value $0.01	Tax liability	$38,600	-625	-1.7%	$61.76	36,798	31 Dec 2022	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Oliver Albers is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may continue.

Explanation of Responses:

Id	Content
F1	Represents the surrender of shares to pay withholding taxes in connection with vestings of equity previously granted under Nasdaq's Equity Incentive Plan.
F2	Represents (i) 35,497 shares or units of restricted stock, of which 978 are vested, (ii) 758 vested PSUs, (iii) 370 shares purchased under the Employee Stock Purchase Plan and (iv) 173 shares acquired through the dividend reinvestment program.