Edmonds Christopher Scott 4

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ICE (Intercontinental Exchange) President Christopher Edmonds Withholds 1,093 Shares for Taxes

What Happened
Christopher Edmonds, President, Fixed Income & Data at Intercontinental Exchange (ICE), had 1,093 shares withheld to satisfy tax withholding related to the vesting of performance‑based restricted stock units (PSUs). The shares were valued at $152.28 each for a total value of $166,442. This was a tax withholding (code F), not an open‑market sale.

Key Details

  • Transaction date and price: February 17, 2026; 1,093 shares withheld at $152.28/share (total $166,442).
  • Shares owned after transaction: Filing reports beneficial ownership of 13,965 shares of common stock, plus 9,206 unvested RSUs and 2,398 PSUs (performance period satisfied) per footnote F2.
  • Footnote on award: The withheld shares come from PSUs granted Feb 12, 2024. Of 7,191 PSUs, 2,397 were issued Feb 17, 2026, with 1,093 withheld for taxes; remaining PSUs (2,398) are scheduled for issuance Feb 12, 2027 (F1).
  • Other footnotes: Additional RSUs/PSUs vest over a three‑year schedule (33.33% per year); determination of certain TSR and multi‑year EBITDA PSU payouts will occur in future years (F3, F4).
  • Filing timeliness: Reported on Feb 19, 2026 for a Feb 17, 2026 transaction—filed within the normal Form 4 reporting window (not marked late).

Context
This was a routine tax‑withholding transaction tied to PSU vesting (a common cashless withholding method) and does not represent an open‑market sale or purchase decision by the insider. Remaining PSUs and other performance awards may vest or be determined in future reporting periods.