Intercontinental Exchange, Inc.·4

Feb 5, 4:51 PM ET

Surdykowski Andrew J 4

Research Summary

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Intercontinental Exchange (ICE) GC Andrew Surdykowski Receives Award

What Happened
Andrew J. Surdykowski, General Counsel of Intercontinental Exchange, received 9,362 shares on February 3, 2026 in connection with the vesting of three-year TSR performance-based restricted stock units (TSR PSUs). Concurrently, 4,192 shares were withheld/disposed to satisfy tax withholding obligations at a reported per-share value of $173.18, totaling $725,971. The award is reported as an acquisition at $0.00 (award vesting).

Key Details

  • Transactions: 2026-02-03 — Award/acquisition of 9,362 shares (code A, reported $0.00); withholding/disposal of 4,192 shares to satisfy taxes (code F) at $173.18 each for $725,971.
  • Shares owned after transaction: Table I aggregate number includes 40,556 shares of common stock plus 3,141 unvested RSUs and 5,753 PSUs for which performance periods have been satisfied (see footnote F4). Beneficial ownership also includes 68 shares from the Employee Stock Purchase Plan (F2).
  • Footnotes: Vesting and payout for these TSR PSUs were determined based on ICE’s stock performance through 12/31/2025 relative to the S&P 500 (F1). The withheld 4,192 shares represent shares of common stock underlying vested TSR PSUs used to satisfy tax withholding (F3).
  • Timeliness: Filing shows a report period of 2026-02-03 and was filed 2026-02-05; no late filing flag is indicated.

Context
This was a vesting of performance-based RSUs (award), not an open-market sale. The disposal of shares was a tax-withholding action (routine cashless/withholding mechanism) rather than a market sale intended as diversification or a sentiment signal.