Edmonds Christopher Scott 4
Research Summary
AI-generated summary
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).