Martin Lynn C 4
4 · Intercontinental Exchange, Inc. · Filed Feb 5, 2026
Research Summary
AI-generated summary of this filing
Intercontinental Exchange (ICE) President Martin Lynn C Receives Award
What Happened
- Martin Lynn C, President of the NYSE Group at Intercontinental Exchange (ICE), was issued 17,164 shares on Feb 3, 2026 upon vesting of three-year total shareholder return performance-based restricted stock units (TSR PSUs). Simultaneously, 8,763 of the vested shares were withheld to satisfy tax withholding obligations at a share value of $173.18, equal to $1,517,576. The award payout was determined by ICE’s stock price through Dec 31, 2025 and relative TSR performance vs. the S&P 500 (see footnote F1).
Key Details
- Transactions: Feb 3, 2026 — Award/acquisition of 17,164 shares (Code A); withholding/disposition of 8,763 shares for tax payment at $173.18/share (Code F), total ~$1.52M.
- Shares owned after the transaction: the filing’s aggregate beneficial ownership reflects 50,167 shares of common stock plus 5,834 unvested RSUs and 11,501 PSUs for which the performance period has been satisfied (see F4). The amount also includes 68 shares from the Employee Stock Purchase Plan acquired Dec 31, 2025 (F2).
- Why this happened: the 17,164 shares represent vested TSR PSUs; 8,763 shares were withheld to cover tax withholding (cashless withholding) rather than a market sale of additional shares (F3, F1).
- Timing/filing: Report covers transactions on Feb 3, 2026; Form 4 was filed Feb 5, 2026 (timely).
- Other performance awards: satisfaction/timing for other TSR and EBITDA PSUs (2024/2025 awards) and Deal Incentive Awards will be determined and reported at future vesting dates (see F5, F6).
Context
- This filing reflects an award vesting and routine tax withholding, not a market purchase or voluntary open‑market sale. Tax‑withholding disposals are standard when restricted stock units or PSUs vest and do not necessarily signal a change in the insider’s view of the company.
Insider Transaction Report
Form 4
Martin Lynn C
President, NYSE Group
Transactions
- Award
Common Stock
[F1][F2]2026-02-03+17,164→ 76,265 total - Tax Payment
Common Stock
[F3][F4][F5][F6]2026-02-03$173.18/sh−8,763$1,517,576→ 67,502 total
Footnotes (6)
- [F1]Represents shares issued to the filing person in connection with the vesting of the three-year total shareholder return performance based restricted stock units ("TSR PSUs") granted on February 3, 2023. The payout for the TSR PSUs was determined based on the Issuer's stock price through December 31, 2025 and was based on the total shareholder return from January 1, 2023 through December 31, 2025 relative to the S&P 500.
- [F2]Amount of securities beneficially owned includes 68 shares acquired under the Intercontinental Exchange, Inc. Employee Stock Purchase Plan on December 31, 2025.
- [F3]Represents shares of common stock underlying vested TSR PSUs that are being withheld to satisfy payment of the Issuer's tax withholding obligations.
- [F4]The common stock number referred in Table I is an aggregate number and represents 50,167 shares of common stock and 5,834 unvested restricted stock units ("RSUs"), and 11,501 performance based restricted stock units ("PSUs"), for which the performance period has been satisfied. The RSUs and PSUs vest over a three-year period, in which 33.33% of the units vest each year.
- [F5]The satisfaction of the 2024 and 2025 TSR PSUs and the corresponding number of shares to be issued pursuant to these awards, will not be determined until February 2027 and February 2028, respectively, and will be reported at the time of vesting. The satisfaction of the 2024 and 2025 three-year earnings before interest, taxes, depreciation, and amortization ("EBITDA") PSUs and the corresponding number of shares to be issued pursuant to these awards, will not be determined until February 2027 and February 2028, respectively, and will be reported at the time of vesting.
- [F6]The satisfaction of the performance based restricted stock units granted as Deal Incentive Awards and the corresponding number of shares to be issued pursuant to these awards, will not be determined until December 2026, December 2027 and December 2028 and will be subject to additional time-based vesting conditions and, if applicable, a subsequent one-year holding period.
Signature
/s/ Octavia N. Spencer, Attorney-in-fact|2026-02-05