Namkung James W 4

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.