Intercontinental Exchange (ICE) President Benjamin Sells 3,876 Shares to Cover Taxes

What Happened
Jackson Benjamin, President of Intercontinental Exchange (ICE), had 3,876 shares withheld (treated as a disposition) on February 12, 2026 to satisfy the issuer's tax withholding obligation related to vested performance-based restricted stock units. The shares were valued at $151.99 each, for a total of $589,113. This withholding was part of the final tranche of a PSU award granted February 3, 2023.

Key Details

• Transaction date: February 12, 2026; filing date: February 17, 2026 (timely; Feb 16 was a federal holiday).
• Price per share: $151.99; total value of shares withheld: $589,113.
• Transaction code: F — shares were withheld to satisfy tax withholding (not an open-market sale).
• Award/vesting details (F1): 25,864 PSUs originally granted; 8,622 shares issued on Feb 12, 2026; 3,876 of those were withheld for taxes (the third and final tranche for this award).
• Reported holdings (aggregate per filing, F2): 144,531 shares of common stock, plus 17,204 unvested RSUs and 9,589 PSUs for which the performance period has been satisfied.
• Other performance awards (F3, F4): Additional TSR and EBITDA PSUs and Deal Incentive Awards have performance/vesting schedules extending into 2027–2029 and 2026–2028 and will be reported when satisfied/vested.

Context
This was a tax-withholding disposition tied to vesting of performance-based RSUs/PSUs — a routine administrative transaction rather than an intentional market sale or purchase. Retail investors should view it as the company withholding shares to meet tax obligations upon vesting, not as a directional insider trade signal.