INVESTOR AB 4

What Happened
Investor AB, a reported 10% owner of Nasdaq, Inc. (NDAQ), acquired 200,000 shares on 2026-02-13 in an open market/private purchase. The reported weighted average purchase price was $79.18 per share, for a total reported acquisition value of $15,835,040. This was a purchase (buy), which investors often view as more informative than routine sales.

Key Details

• Transaction date: 2026-02-13. Transaction code: P (purchase).
• Shares purchased: 200,000 at a weighted average price of $79.18; total reported cost $15,835,040.
• Price range: purchases occurred at prices from $79.10 to $79.52 per share (footnote F1).
• Shares owned after transaction: not specified directly in the filing; footnote F2 notes these Shares are held directly by Innax AB (formerly Patricia Holding AB), of which Investor AB is the sole shareholder.
• Reporting notes: F3 clarifies reporting-person disclaimers about beneficial ownership among related reporting persons.
• Filing timeliness: no late filing indicated in this report.

Context
This filing reflects activity by a 10% owner (an institutional/large shareholder structure) rather than an individual executive. Footnote F1 offers to provide a breakdown of how many shares were bought at each price within the stated range upon request. The purchase represents a meaningful institutional buy (~$15.8M) but the filing does not state post-transaction total beneficial ownership in this document.