Edmonds Christopher Scott 4

Research Summary

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Intercontinental Exchange (ICE) President Christopher Edmonds Sells Shares

What Happened

  • Christopher Edmonds, President, Fixed Income & Data at Intercontinental Exchange (ICE), sold a total of 11,303 shares in open-market transactions on February 19, 2026, for aggregate proceeds of approximately $1,738,630.
    • 4,750 shares at $153.21 = $727,764
    • 4,653 shares at $153.96 = $716,380
    • 1,700 shares at $154.91 = $263,343
    • 200 shares at $155.72 = $31,143
  • These were sales (S) and are generally routine dispositions rather than purchases (no bullish signal implied).

Key Details

  • Transaction date: February 19, 2026; Form 4 filed February 20, 2026 (timely).
  • Method: Open-market sales; effected pursuant to a Rule 10b5-1 trading plan that became effective February 20, 2025 (Footnote F1).
  • Shares owned after the reported transactions: 2,662 shares of common stock plus 9,206 unvested RSUs and 2,398 PSUs for which the performance period has been satisfied (aggregate = 14,266 units) (Footnote F6).
  • Footnotes F2–F5 note price ranges for aggregate amounts sold by the direct holder; the issuer will provide detailed per-price breakdowns to SEC staff or security holders on request.
  • No indication of late filing; standard sale code (S).

Context

  • Sales under a 10b5-1 plan are pre-arranged and often reflect scheduled disposition rather than active trading decisions. For retail investors, purchases tend to be more informative about insider sentiment; routine sales like these typically reflect diversification or compensation-related liquidity.
  • Some performance-based awards referenced in disclosures (PSUs, EBITDA and TSR awards, Deal Incentive Awards) have vesting/satisfaction dates and will be reported when determined (Footnotes F7–F8).