Martin Lynn C 4

What Happened

• Lynn C. Martin, President of the NYSE Group at Intercontinental Exchange (ICE), received a grant/issuance of 5,915 restricted stock units (RSUs) on February 10, 2026 (reported on Form 4). On the same date Martin disposed of 993 shares to satisfy tax withholding at $169.48 per share (total value $168,294), and gifted 368 shares to a philanthropic organization (no proceeds).
• These transactions are compensation-related (RSU issuance/vesting) with routine tax-withholding and a charitable gift — not an open-market sale or purchase.

Key Details

• Transaction date: February 10, 2026; Form 4 filed February 12, 2026 (appears timely).
• Items reported:
  • Grant/Award (A): 5,915 RSUs acquired (no cash paid).
  • Tax withholding (F): 993 shares disposed at $169.48 each = $168,294 (withheld to satisfy tax withholding on RSU issuance/vesting).
  • Gift (G): 368 shares donated to a philanthropic organization (no proceeds).
• Holdings after transactions (per filing footnote): 50,750 shares of common stock, 9,805 unvested RSUs, and 11,501 performance-based RSUs (PSUs) for which the performance period has been satisfied.
• Notable footnotes:
  • Withheld shares reflect standard tax withholding on RSU issuances (F2).
  • Some RSUs vest over three years (1/3 each year) for awards referenced in the filing (F2, F3).
  • PSUs and certain deal-incentive awards have separate performance/time-based vesting and will be reported when satisfied/vested (F5, F6).
  • The 368-share transfer was a charitable gift to a philanthropic organization (F1).

Context

• This was a compensation-related RSU issuance and associated tax withholding (common practice). The 993-share disposition was to cover taxes (not an open-market sale), and the 368-share transfer was a gift (does not indicate buy/sell sentiment).