Namkung James W 4
4 · Intercontinental Exchange, Inc. · Filed Feb 17, 2026
Research Summary
AI-generated summary of this filing
ICE Chief Accounting Officer James W. Namkung Withholds 513 Shares
What Happened
- James W. Namkung, Chief Accounting Officer of Intercontinental Exchange (ICE), had 513 shares withheld to satisfy tax withholding related to the vesting of performance-based restricted stock units (PSUs). The withheld shares were valued at $151.99 each, totaling approximately $77,971. This was a tax-withholding disposition (code F), not an open-market sale.
Key Details
- Transaction date and price: 2026-02-12, 513 shares at $151.99 per share (total ~$77,971).
- Transaction type/code: F — shares withheld to satisfy tax withholding on vested PSUs.
- Shares issued and withheld: Of 3,448 PSU shares from the award, 1,150 were issued on Feb 12, 2026; 513 of those were withheld for taxes (final tranche issued).
- Reported holdings (per filing): 13,183 shares of common stock; 2,354 unvested RSUs; and 1,151 PSUs for which the performance period has been satisfied (aggregate as reported in the filing).
- Filing timing: Form 4 filed 2026-02-17 reporting the 2026-02-12 transaction (filed several days after the transaction; Form 4s are generally due within two business days).
Context
- This was a routine tax-withholding transaction on vesting of performance-based RSUs/PSUs — not an indication of a market sale or separate investment decision. Footnote detail: these PSUs vested based on 2023 EBITDA performance and this was the third and final tranche for that award.
Insider Transaction Report
Form 4
Namkung James W
Chief Accounting Officer
Transactions
- Tax Payment
Common Stock
[F1][F2][F3][F4]2026-02-12$151.99/sh−513$77,971→ 16,688 total
Footnotes (4)
- [F1]Represents shares of performance based restricted stock units granted to the filing person on February 3, 2023. The vesting of the shares of performance based restricted stock units was conditioned upon the achievement of certain 2023 earnings before interest, taxes, depreciation, and amortization ("EBITDA") performance versus pre-established targets. The restricted stock units vest over three years (1/3 on February 12, 2024, 1/3 on February 12, 2025 and 1/3 on February 12, 2026). Of the 3,448 shares, 1,150 were issued on February 12, 2026, of which 513 shares were withheld to satisfy payment of the Issuer's tax withholding obligation. The third and final tranche of shares for this award have been issued.
- [F2]The common stock number referred in Table I is an aggregate number and represents 13,183 shares of common stock and 2,354 unvested restricted stock units ("RSUs"), and 1,151 performance based restricted stock units ("PSUs"), for which the performance period has been satisfied. The RSUs and PSUs vest over a three-year period, in which 33.33% of the units vest each year.
- [F3]The satisfaction of the 2024, 2025 and 2026 TSR PSUs and the corresponding number of shares to be issued pursuant to these awards, will not be determined until February 2027, February 2028 and February 2029, respectively, and will be reported at the time of vesting. The satisfaction of the 2024, 2025 and 2026 three-year earnings before interest, taxes, depreciation, and amortization ("EBITDA") PSUs and the corresponding number of shares to be issued pursuant to these awards, will not be determined until February 2027, February 2028 and February 2029, respectively, and will be reported at the time of vesting.
- [F4]The satisfaction of the performance based restricted stock units granted as Deal Incentive Awards and the corresponding number of shares to be issued pursuant to these awards, will not be determined until December 2026, December 2027 and December 2028 and will be subject to additional time-based vesting conditions and, if applicable, a subsequent one-year holding period.
Signature
/s/ Octavia N. Spencer, Attorney-in-fact|2026-02-16