Williams Stuart Glen 4
4 · Intercontinental Exchange, Inc. · Filed Feb 19, 2026
Research Summary
AI-generated summary of this filing
Intercontinental Exchange (ICE) COO Williams Sells 641 Shares
What Happened
- Williams Stuart Glen, Chief Operating Officer of Intercontinental Exchange (ICE), had 641 shares withheld to satisfy tax withholding related to the vesting/issuance of performance-based restricted stock units (PSUs). The withholding was reported as a disposition (transaction code F) on Feb 17, 2026.
- The withheld shares were valued at $152.28 each, totaling $97,611. A total of 1,438 performance-based RSU shares were issued that day, of which 641 were withheld and 797 were delivered to Williams.
Key Details
- Transaction date and price: Feb 17, 2026; 641 shares at $152.28 each; total $97,611.
- Shares delivered from this issuance: 797 shares (1,438 issued less 641 withheld).
- Holdings reported (aggregate): 15,595 shares of common stock, plus 8,309 unvested RSUs and 1,440 PSUs (performance period satisfied for those PSUs).
- Footnotes: The 641 withheld relate to performance-based RSUs granted Feb 12, 2024 that vest over three years (1/3 each year). Additional PSUs/RSUs remain subject to future vesting and performance determinations (see F1–F4).
- Filing: Report filed Feb 19, 2026 for a Feb 17, 2026 transaction (filed two days after transaction).
Context
- Code F indicates tax withholding on issued equity — a routine administrative disposition, not an open-market sale. This does not necessarily signal a change in the insider’s view of the stock.
- The award involved performance-based RSUs tied to 2024 EBITDA targets; other multi-year PSU performance results will be determined and reported in future vesting periods.
Insider Transaction Report
Form 4
Williams Stuart Glen
Chief Operating Officer
Transactions
- Tax Payment
Common Stock
[F1][F2][F3][F4]2026-02-17$152.28/sh−641$97,611→ 25,344 total
Footnotes (4)
- [F1]Represents shares of performance based restricted stock units granted to the filing person on February 12, 2024. The vesting of the shares of performance based restricted stock units was conditioned upon the achievement of certain 2024 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 15, 2025, 1/3 on February 15, 2026 and 1/3 on February 15, 2027). Of the 4,315 shares, 1,438 were issued on February 17, 2026, of which 641 shares were withheld to satisfy payment of the Issuer's tax withholding obligation. The remaining 1,440 shares are scheduled to be issued on February 12, 2027 and taxes for this future issuance will be withheld and reported at the time the shares are issued.
- [F2]The common stock number referred in Table I is an aggregate number and represents 15,595 shares of common stock and 8,309 unvested restricted stock units ("RSUs"), and 1,440 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|2026-02-19