Williams Stuart Glen 4

What Happened

• Stuart Glen Williams, Chief Operating Officer of Intercontinental Exchange, Inc. (ICE), received an award of 5,915 restricted stock units (RSUs) on February 10, 2026 (reported Feb 12, 2026).
• Also on February 10, 2026, 533 shares were disposed/withheld at $169.48 per share (total value $90,333) to satisfy tax withholding related to RSU issuance/vesting.

Key Details

• Transaction date: 2026-02-10 (reported on Form 4 filed 2026-02-12).
• Award: 5,915 RSUs granted (reported as acquisition, $0.00 per share). Vesting: vests over three years (1/3 each year) per footnote.
• Tax withholding: 533 shares withheld/disposed at $169.48 → $90,333 withheld to cover taxes (transaction code F). These 533 shares were withheld from 1,196 shares issued on Feb 10, 2026 that were part of an earlier award.
• Holdings reported (aggregate per filing): 13,204 shares of common stock; 8,309 unvested RSUs; 5,753 PSUs for which performance period has been satisfied.
• Notable footnotes: F1 explains the 533-share withholding from vested RSUs; F2 describes the new RSU award and its 3-year vesting; F4–F5 note certain performance-based awards’ final payouts will be determined at future vesting dates.
• Filing timeliness: Reported two days after the transactions (no late-filing indicator reported).

Context

• This filing reflects an RSU award and routine tax withholding (cashless share withholding) rather than an open-market buy or sell. Withholding dispositions are standard when RSUs vest and do not necessarily signal an insider’s view on the stock.
• RSU awards vest over time; only vested shares can be withheld/sold immediately, while the rest will vest in future anniversaries (and taxes will be withheld/reported at those times).