King Elizabeth Kathryn 4

What Happened
Elizabeth Kathryn King, Global Head of Clearing & Chief Risk Officer at Intercontinental Exchange, received 9,362 shares on February 3, 2026 as the payout from vested three‑year TSR performance-based restricted stock units (TSR PSUs) granted Feb 3, 2023. To satisfy tax withholding obligations, 3,760 of those shares were withheld at $173.18 per share, a withholding value of approximately $651,157. The award shares were issued at $0 (grant/vesting).

Key Details

• Transaction dates: Feb 3, 2026 (vesting/award and tax withholding); filing date Feb 5, 2026.
• Award: 9,362 shares issued (code A) at $0.00.
• Withholding: 3,760 shares withheld to cover taxes (code F) at $173.18 per share, total ~$651,157.
• Beneficial ownership reported (Table I aggregate): 13,266 shares of common stock, plus 3,141 unvested RSUs and 5,753 PSUs for which the performance period has been satisfied. (Includes 83 and 68 shares from ESPP purchases on 6/30/2025 and 12/31/2025.)
• Footnote summary: the TSR PSU payout was based on ICE stock performance through 12/31/2025 relative to the S&P 500 (award granted 2/3/2023). Future TSR and EBITDA PSU satisfactions for 2024–2025 will be determined and reported at vesting (Feb 2027/2028).
• Filing timeliness: filed Feb 5 for a Feb 3 transaction; no late‑filing indication.

Context
This was a vesting/award event, not an open‑market sale or purchase. The withholding of shares is a common, administrative "cashless" method to cover tax obligations arising from equity compensation and does not necessarily indicate insider sentiment about the stock.