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|4Feb 12, 4:31 PM ET

Foley Douglas 4

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Intercontinental Exchange (ICE) SVP Foley Douglas Receives RSUs; Sells 268

What Happened Foley Douglas, Senior Vice President, Human Resources & Administration at Intercontinental Exchange (ICE), received a grant of 2,275 restricted stock units (RSUs) on Feb 10, 2026 and had 268 shares disposed/withheld to satisfy tax withholding tied to RSU issuance. The 268 shares were disposed at a price of $169.48 each for total proceeds of $45,421. The RSU grant is reported as an award (code A) and the withholding as a tax withholding/dispersion (code F).

Key Details

  • Transaction dates: Feb 10, 2026 (reported on Form 4 filed Feb 12, 2026). Filing appears timely.
  • Disposition (tax withholding): 268 shares at $169.48 each, total $45,421 (code F).
  • Award: 2,275 RSUs granted (code A); acquisition reported at $0 (typical for RSU grants).
  • Shares owned after transaction (per footnote): aggregate reporting includes 22,108 shares of common stock, 3,472 unvested RSUs, and 3,354 performance-based RSUs (PSUs) for which the performance period has been satisfied.
  • Notable footnotes:
    • A prior 2025 RSU award (1,795 RSUs) vests over three years; 598 of those vested/issued on Feb 10, 2026, and 268 of those issued shares were withheld for taxes (explains the withheld 268).
    • The new 2,275 RSU award vests 1/3 each year over three years.
    • Several PSU awards have future performance/vesting determinations (reported when they vest).
  • Transaction codes explained: A = award/grant; F = shares withheld/sold to satisfy tax withholding.
  • No 10b5-1 instruction, gift, or option exercise reported here.

Context

  • This filing reflects compensation-related equity activity (RSU grant and routine tax withholding), not an open-market purchase or discretionary sale — such awards are common as part of executive compensation.
  • The 268-share disposition was a tax-withholding event (often called a cashless/withholding sale) rather than a voluntary sale indicating a change in sentiment.
  • Performance-based RSUs (PSUs) referenced will have final share counts determined at future vesting dates and will be reported then.