Namkung James W 4

What Happened

• James W. Namkung, Chief Accounting Officer of Intercontinental Exchange, received 3,744 shares on Feb 3, 2026 upon vesting of three-year TSR performance-based RSUs (award code A). To satisfy tax withholding, 1,170 of those shares were withheld/disposed at $173.18 per share (code F), generating $202,621 in consideration.
• The award payout was determined by ICE’s stock performance through Dec 31, 2025 relative to the S&P 500 (TSR PSUs granted Feb 3, 2023).

Key Details

• Transaction date: 2026-02-03; Filing date: 2026-02-05 (timely).
• Award: 3,744 shares issued at $0.00 (vesting of TSR PSUs). Withholding: 1,170 shares disposed at $173.18 each for $202,621 to cover tax obligations.
• Reported beneficial ownership context: filing notes an aggregate position that includes 12,298 shares of common stock plus 1,346 unvested RSUs and 2,301 PSUs (performance period satisfied) (see F4).
• Relevant footnotes: F1 = these shares stem from the Feb 3, 2023 three-year TSR PSU grant; F3 = shares withheld to satisfy tax withholding; F2 = includes small ESPP purchases in 2025; F5–F6 = additional PSU awards for later years will be reported when satisfied.
• Transaction codes: A = award/acquisition (vesting); F = shares withheld/used for tax payment.

Context

• This was a vesting event with a routine cashless-like tax withholding (company withheld shares rather than a separate open-market sale). Such withholding is standard to cover taxes and does not necessarily indicate a discretionary open‑market sale by the insider.
• No late filing was indicated; the Form 4 was filed two days after the Feb 3 transaction.