NASDAQ, INC. — Insider Transactions
Form 4 filings by directors, officers, and 10%+ shareholders
SEC rules require corporate insiders — including directors, executive officers, and any shareholder owning more than 10% of a company's shares — to report changes in their ownership within two business days of a transaction. These disclosures are filed as Form 4. Open-market purchases (code P) are generally considered the most meaningful signal, as insiders are spending their own money.
| Insider | Title | Type | Shares | Price | Value | Owns After | Date |
|---|---|---|---|---|---|---|---|
| SKULE JEREMY | EVP, CSO | Tax Withholding | 4,127 | $90.22 | $372,338 | 78,742 | Dec 6, 2025 |
| Youngwood Sarah | EVP & CFO | Tax Withholding | 16,506 | $90.22 | $1,489,171 | 59,291 | Dec 6, 2025 |
| Smith Bryan Everard | EVP, CPO | Sale | 4,633 | $90.57 | $419,611 | 57,670 | Dec 1, 2025 |
| SKULE JEREMY | EVP, CSO | Sale | 2,105 | $90.57 | $190,650 | 82,869 | Dec 1, 2025 |
| SKULE JEREMY | EVP, CSO | Sale | 2,105 | $85.40 | $179,767 | 84,974 | Nov 3, 2025 |
| SKULE JEREMY | EVP, CSO | Tax Withholding | 1,262 | $88.45 | $111,624 | 87,079 | Oct 1, 2025 |
| SKULE JEREMY | EVP, CSO | Sale | 2,105 | $93.22 | $196,228 | 90,446 | Sep 2, 2025 |
| BEGLEY CHARLENE T | — | Sale | 3,000 | $96.60 | $289,800 | 46,001 | Aug 4, 2025 |
| SKULE JEREMY | EVP, CSO | Sale | 2,105 | $95.49 | $201,006 | 92,551 | Aug 1, 2025 |
| Daly Michelle Lynn | SVP, Controller & PAO | Sale | 8,691 | $93.45 | $812,174 | 8,879 | Jul 25, 2025 |
| Peterson Bradley J | EVP, CIO | Sale | 11,508 | $88.87 | $1,022,716 | 111,035 | Jul 1, 2025 |
| SKULE JEREMY | EVP, CSO | Sale | 2,105 | $89.17 | $187,703 | 94,656 | Jul 1, 2025 |
| Griggs PC Nelson | Pres. Capital Access Platforms | Tax Withholding | 11,484 | $89.42 | $1,026,899 | 195,921 | Jul 1, 2025 |
| SPLINTER MICHAEL R | — | Award / Grant | 5,241 | — | — | 217,422 | Jun 11, 2025 |
| BEGLEY CHARLENE T | — | Award / Grant | 2,995 | — | — | 49,001 | Jun 11, 2025 |
| KLOET THOMAS A | — | Award / Grant | 4,549 | — | — | 32,005 | Jun 11, 2025 |
| ARNOLDI MELISSA | — | Award / Grant | 4,319 | — | — | 51,191 | Jun 11, 2025 |
| Kazim Essa | — | Tax Withholding | 821 | $86.07 | $70,663 | 143,388 | Jun 11, 2025 |
| Koch Kathryn A. | — | Award / Grant | 3,167 | — | — | 7,572 | Jun 11, 2025 |
| Torgeby Johan | — | Tax Withholding | 407 | $86.07 | $35,030 | 28,797 | Jun 11, 2025 |
| SPAHT PAUL HOLDEN JR. | — | Award / Grant | 2,995 | — | — | 10,401 | Jun 11, 2025 |
| Townes-Whitley Toni | — | Award / Grant | 2,995 | — | — | 20,471 | Jun 11, 2025 |
| YABUKI JEFFERY W | — | Award / Grant | 4,607 | — | — | 18,347 | Jun 11, 2025 |
| ZOLLAR ALFRED W | — | Award / Grant | 4,491 | — | — | 53,784 | Jun 11, 2025 |
| Griggs PC Nelson | Pres. Capital Access Platforms | Sale | 4,000 | $85.22 | $340,880 | 207,405 | Jun 6, 2025 |
| SKULE JEREMY | EVP, CSO | Sale | 2,104 | $85.00 | $178,840 | 96,438 | Jun 6, 2025 |
| SPAHT PAUL HOLDEN JR. | — | Gift | 447,240 | — | — | 7,406 | Jun 4, 2025 |
| SKULE JEREMY | EVP, CSO | Sale | 1,053 | $83.28 | $87,694 | 98,542 | Jun 2, 2025 |
| Griggs PC Nelson | Pres. Capital Access Platforms | Sale | 5,000 | $83.27 | $416,350 | 211,405 | May 27, 2025 |
| SKULE JEREMY | EVP, CSO | Sale | 1,053 | $81.52 | $85,841 | 99,595 | May 12, 2025 |
| Smith Bryan Everard | EVP, CPO | Tax Withholding | 813 | $78.30 | $63,658 | 62,637 | Apr 4, 2025 |
| FRIEDMAN ADENA T | Chair and CEO | Tax Withholding | 8,057 | $78.30 | $630,863 | 1,924,903 | Apr 3, 2025 |
| Tal Cohen | Pres. Market Platforms | Tax Withholding | 1,564 | $78.30 | $122,461 | 191,742 | Apr 3, 2025 |
| Griggs PC Nelson | Pres. Capital Access Platforms | Tax Withholding | 1,564 | $78.30 | $122,461 | 219,405 | Apr 3, 2025 |
| Peterson Bradley J | EVP, CIO | Tax Withholding | 1,497 | $78.30 | $117,215 | 133,275 | Apr 3, 2025 |
| Zecca John | EVP, Global CLO | Tax Withholding | 779 | $78.30 | $60,996 | 130,174 | Apr 3, 2025 |
| Daly Michelle Lynn | SVP, Controller & PAO | Tax Withholding | 424 | $78.30 | $33,199 | 17,247 | Apr 3, 2025 |
| SKULE JEREMY | EVP, CSO | Tax Withholding | 1,017 | $78.30 | $79,631 | 100,648 | Apr 3, 2025 |
| Smith Bryan Everard | EVP, CPO | Sale | 1,132 | $75.67 | $85,658 | 63,450 | Apr 1, 2025 |
| FRIEDMAN ADENA T | Chair and CEO | Award / Grant | 39,452 | — | — | 1,946,429 | Apr 1, 2025 |
| Daly Michelle Lynn | SVP, Controller & PAO | Award / Grant | 2,169 | — | — | 18,051 | Apr 1, 2025 |
| SKULE JEREMY | EVP, CSO | Award / Grant | 6,575 | — | — | 103,435 | Apr 1, 2025 |
| Zecca John | EVP, Global CLO | Award / Grant | 7,233 | — | — | 132,227 | Apr 1, 2025 |
| Peterson Bradley J | EVP, CIO | Sale | 2,308 | $75.67 | $174,646 | 134,772 | Apr 1, 2025 |
| Griggs PC Nelson | Pres. Capital Access Platforms | Award / Grant | 11,835 | — | — | 223,175 | Apr 1, 2025 |
| Youngwood Sarah | EVP & CFO | Award / Grant | 15,781 | — | — | 75,475 | Apr 1, 2025 |
| Tal Cohen | Pres. Market Platforms | Award / Grant | 15,781 | — | — | 159,239 | Apr 1, 2025 |
| Youngwood Sarah | Executive Vice President | Sale | 14,959 | $73.68 | $1,102,179 | 59,694 | Mar 17, 2025 |
| FRIEDMAN ADENA T | Chair and CEO | Tax Withholding | 85,011 | $72.29 | $6,145,445 | 1,906,977 | Mar 12, 2025 |
| Smith Bryan Everard | Executive Vice President | Sale | 3,500 | $82.78 | $289,730 | 60,752 | Mar 3, 2025 |