Jackson Benjamin 4
Research Summary
AI-generated summary
ICE President Benjamin Jackson Sells 3,865 Shares
What Happened
Benjamin Jackson, President of Intercontinental Exchange, sold 3,865 shares of ICE common stock in an open-market sale on February 27, 2026, at $165.00 per share, generating proceeds of $637,725. This was a sale (not a purchase or option exercise) and was executed pursuant to a pre-established Rule 10b5-1 trading plan.
Key Details
- Transaction date and price: 2026-02-27, sale of 3,865 shares at $165.00 each.
- Total value: $637,725 (proceeds from the sale).
- Filing: Form 4 filed with the SEC on 2026-03-03 (timely — within the required filing window). Accession no. 0001193125-26-088326.
- Shares owned after transaction (as reported): 161,439 total — comprised of 139,440 shares of common stock, 17,204 unvested RSUs, and 4,795 performance-based RSUs (performance period satisfied; vesting over three years at 33.33% per year).
- Footnotes of note: F1 — transaction effected under a Rule 10b5-1 plan approved and effective Nov 3, 2025. F3/F4 — additional performance-based awards (TSR and EBITDA PSUs, Deal Incentive Awards) will have satisfaction and share issuance determined at future dates and reported at vesting.
Context
- Sales executed under Rule 10b5-1 plans are pre-arranged and often part of routine diversification or liquidity actions rather than an ad-hoc signal about company prospects.
- No option exercises, gifts, or tax-withholding events are reported in this transaction.