Peterson Bradley J 4

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).