SPRIESER JUDITH A 4

What Happened
Judith A. Sprieser, a director of Intercontinental Exchange, sold a total of 4,722 shares of ICE common stock in open-market transactions on February 5, 2026. The sales were executed at prices ranging from about $166.92 to $173.88, generating aggregate proceeds of approximately $798,899. The transactions were effected pursuant to a Rule 10b5-1 trading plan approved and effective June 5, 2025, which indicates pre-arranged sales rather than ad-hoc trading.

Key Details

• Transaction date: February 5, 2026; Form 4 filed February 9, 2026 (timely).
• Shares sold: 4,722 total across seven trades. Aggregate proceeds: ~$798,899. Individual trade examples: 1,522 shares at $168.13 ($255,896); 1,000 shares at $169.34 ($169,336); 1,000 shares at $171.25 ($171,254).
• Shares owned after transaction: 9,747 aggregate (8,273 common shares + 1,474 restricted stock units that vest May 16, 2026).
• Notable footnotes: sale executed under a Rule 10b5-1 trading plan (F1). Issuer provides limited price-range details in the filing (F2–F6); full per-share breakdown available to the SEC staff or shareholders on request. (F7 describes the post-transaction share/R SU split.)
• Transaction code: S = Sale. No indication of late filing.

Context

• Sales conducted under a 10b5-1 plan are typically pre-scheduled and are often considered routine liquidity events rather than a direct signal of negative insider sentiment.
• For retail investors, purchases generally carry more informational weight than pre-arranged sales; this filing documents routine disposal of shares by a director rather than an acquisition.