Jackson Benjamin 4

What Happened

• Jackson Benjamin, President of Intercontinental Exchange (ICE), had 2,155 shares withheld to satisfy tax withholding on vested performance-based restricted stock units (PSUs). The withholding was recorded on Feb 17, 2026 at $152.28 per share, totaling approximately $328,163.
• This was a non-cash withholding of vested PSU shares (transaction code F), not an open-market sale.

Key Details

• Transaction date and price: Feb 17, 2026 — 2,155 shares @ $152.28 (≈ $328,163).
• Filing date / timeliness: Form 4 filed Feb 19, 2026 for the Feb 17 transaction (appears timely).
• Shares owned after transaction: 147,170 shares of common stock beneficially owned, plus 17,204 unvested RSUs and 4,795 PSUs for which the performance period has been satisfied (per filer disclosure).
• Relevant footnotes: The withheld shares came from a Feb 12, 2024 PSU grant (14,383 total). 4,794 shares were issued on Feb 17, 2026 and 2,155 were withheld for taxes; the remaining ~4,795 from that grant are scheduled to be issued Feb 12, 2027 (taxes on future issuances will be reported when issued). Additional PSU/RSU awards have later determination/vesting dates (see footnotes).

Context

• Tax withholding (F) is a routine, non-market transaction to satisfy tax obligations on vested awards — it does not necessarily indicate insider buying or selling intent.
• The transaction reflects vesting of performance-based equity rather than an exercised option sold into the market; future vesting outcomes for other performance awards will be reported when determined.