Surdykowski Andrew J 4

What Happened
Andrew J. Surdykowski, General Counsel of Intercontinental Exchange, received a grant/issuance of 3,640 restricted stock units (RSUs) on February 10, 2026 (reported Feb 12, 2026). To satisfy the issuer’s tax withholding obligation, 470 shares were withheld (disposition code F) at an indicated per-share value of $169.48, totaling about $79,656. The RSUs were reported as acquired at a $0.00 per-share purchase price (award).

Key Details

• Transaction date(s): February 10, 2026; Form 4 filed February 12, 2026 (timely).
• Award: 3,640 RSUs granted/issued (code A) — reported as acquired at $0.00.
• Tax withholding: 470 shares withheld (code F) at $169.48/share = $79,656 withheld to cover taxes.
• Reported holdings: filing notes aggregate beneficial holdings of 41,133 shares of common stock plus additional unvested RSUs and performance RSUs (see footnotes).
• Vesting notes (footnotes): some of the issued RSUs vest over three years (1/3 each year); certain performance RSUs have separate performance/vesting schedules and will be reported at vesting.
• This disposition was a tax-withholding event (not an open-market sale).

Context

• This was an equity award vesting/tax-withholding transaction: RSUs were issued/vested and a portion of shares were withheld to satisfy tax obligations (cashless/tax-withholding mechanic), which is routine for RSU vesting and not a market sale.
• No 10b5‑1 plan or late filing is indicated in the disclosure.
• For retail investors: award receipts increase an executive’s equity alignment with the company; withheld shares to cover taxes are standard and do not by themselves indicate insider sentiment.