NASDAQ, INC.·4

Feb 3, 4:05 PM ET

SPLINTER MICHAEL R 4

4 · NASDAQ, INC. · Filed Feb 3, 2026

Research Summary

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Nasdaq (NDAQ) Director Michael R. Splinter Gifts 4,680 Shares

What Happened
Michael R. Splinter, a director of Nasdaq, reported gifting 4,680 shares on January 30, 2026. The Form 4 shows a disposition of 4,680 shares at $0.00 (gift) and a corresponding acquisition of 4,680 shares at $0.00 (receipt by family trusts). No cash changed hands (total reported value $0).

Key Details

  • Transaction date: 2026-01-30 — 4,680 shares transferred, $0.00 per share (gift).
  • Filing date / accession: Form filed 2026-02-03 (timely filing for a Jan 30 transaction).
  • Shares owned after transaction: The Form 4 does not state net post-transaction beneficial ownership of common stock.
  • Related footnotes: F1 notes 212,742 RSUs granted under Nasdaq's Equity Incentive Plan (207,501 vested). F2 states these shares were gifted to family trusts of which Splinter is a trustee.
  • Transaction code: G = Gift (not a sale or purchase).

Context
Gifts are transfers for estate/planning purposes and do not necessarily indicate the insider’s view of the company’s prospects. Splinter’s report also discloses Nasdaq RSUs, but this filing documents a family trust transfer rather than a market sale or purchase.

Insider Transaction Report

Form 4
Period: 2026-01-30
Transactions
  • Gift

    Common Stock, par value $0.01 per share

    [F1]
    2026-01-304,680212,742 total
  • Gift

    Common Stock, par value $0.01 per share

    [F2]
    2026-01-30+4,68015,225 total(indirect: By Trust)
Footnotes (2)
  • [F1]Represents 212,742 RSUs granted pursuant to Nasdaq's Equity Incentive Plan, of which 207,501 are vested as of the date hereof.
  • [F2]Reflects shares gifted by the reporting person to family trusts, of which the reporting person is a trustee.
Signature
/s/ Alex Kogan, by power of attorney|2026-02-03

Documents

1 file
  • 4
    ownership.xmlPrimary

    4