Peterson Bradley J 4
4 · NASDAQ, INC. · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
NASDAQ EVP Bradley J. Peterson Receives RSU Award, Shares Withheld
What Happened
Bradley J. Peterson, EVP and Chief Information Officer of NASDAQ, received an award of 8,103 Restricted Stock Units (RSUs) on April 1, 2026 (grant price $0.00). In connection with the settlement of an equity award, 2,761 shares were withheld to satisfy tax withholding obligations at an average value of $84.89 per share, equal to $234,381. The RSU grant is an acquisition (award); the withheld shares represent a disposition for tax purposes and are routine.
Key Details
- Transaction date: 2026-04-01 (reported 2026-04-02). Filing appears timely.
- Grant: 8,103 RSUs granted (code A) at $0.00 per share.
- Tax withholding: 2,761 shares withheld (code F) at $84.89, total value $234,381.
- Shares/units reported as beneficially owned after the transaction (per footnote):
- 70,086 restricted stock units/shares (41,017 vested)
- 75,118 performance stock units (PSUs), 65,486 of which are vested
- 5,040 shares purchased under the Employee Stock Purchase Plan (ESPP)
- Footnotes: F1 describes RSU vesting schedule (33% vests 4/1/2028, 33% vests 4/1/2029, remainder 4/1/2030). F2 confirms shares were withheld to cover taxes. F3 lists current holdings.
- No indication of a 10b5-1 plan or unusual circumstances in the filing.
Context: RSUs are a form of compensation that convert to shares when they vest; the grant itself is not an open-market purchase and doesn't signal an immediate cash outlay. Withholding shares to cover taxes is a common, routine settlement method (not an open-market sale).
Insider Transaction Report
- Award
Common Stock, par value $0.01 per share
[F1]2026-04-01+8,103→ 153,005 total - Tax Payment
Common Stock, par value $0.01 per share
[F2][F3]2026-04-01$84.89/sh−2,761$234,381→ 150,244 total
Footnotes (3)
- [F1]Represents an award of Restricted Stock Units (RSUs) granted pursuant to the Issuer's Equity Incentive Plan. Each unit represents a contingent right to receive one share of the Issuer's Common Stock. The RSUs shall vest with respect to 33% of the RSUs on April 1, 2028, 33% on April 1, 2029, and the remainder on April 1, 2030.
- [F2]Represents shares of Common Stock withheld for taxes in connection with the settlement of an equity award previously granted under the Issuer's Equity Incentive Plan.
- [F3]Represents (i) 70,086 shares or units of restricted stock, of which 41,017 are vested, (ii) 75,118 shares of Common Stock underlying PSUs, 65,486 of which are vested, and (iii) 5,040 shares of Common Stock purchased under the Issuer's Employee Stock Purchase Plan.