Martin Lynn C 4

What Happened
Lynn C. Martin, President of the NYSE Group at Intercontinental Exchange (ICE), sold a total of 13,456 shares in open-market transactions on February 20, 2026 for aggregate proceeds of approximately $2,070,406. The sales were: 2,963 shares at $153.11 ($453,654); 8,193 shares at $153.90 ($1,260,906); and 2,300 shares at $154.72 ($355,846). These were disposals (sales) reported on a Form 4 and were effected pursuant to a pre-established Rule 10b5-1 trading plan.

Key Details

• Transaction date: February 20, 2026 (reported on Form 4 filed February 24, 2026; filing is within the required two business days).
• Prices and proceeds: 2,963 @ $153.11 = $453,654; 8,193 @ $153.90 = $1,260,906; 2,300 @ $154.72 = $355,846; total ≈ $2.07M.
• Shares owned after transactions (per filing footnote): 41,398 shares of common stock plus 9,805 unvested RSUs and 3,116 PSUs (aggregate 54,319 units; RSUs/PSUs subject to vesting rules).
• Notable footnotes: F1 — trades were pursuant to a 10b5-1 plan effective May 29, 2025. F2–F4 — issuer provides price-range aggregates and will disclose exact allocation on request to the SEC or a security holder. F5–F7 — details on RSU/PSU composition and vesting/timing for performance-based awards.

Context
These were routine open-market sales executed under a pre-existing 10b5-1 plan, which typically indicate pre-planned dispositions rather than a spontaneous view on the stock. The filing shows holdings that include unvested restricted and performance-based units; the final satisfaction/vesting of some PSUs will be determined and reported in future vesting periods.