Zecca John 4

What Happened John Zecca, EVP & Global CLO of Nasdaq, had 780 shares of Nasdaq common stock withheld to cover taxes in connection with the settlement of an equity award. The withholding occurred on 2026-04-03 at an effective price of $86.65 per share, generating a disposition value of approximately $67,587. This was a tax-withholding disposition (code F), not an open-market sale.

Key Details

• Transaction date and price: 2026-04-03 at $86.65 per share.
• Shares withheld/disposed: 780 shares; total value ≈ $67,587.
• Filing: Form 4 filed with accession 0001193125-26-145529 on 2026-04-07 (reports the 4/3/2026 transaction).
• Holdings noted in the filing (footnote F2): 26,733 restricted stock units (5,094 vested) and 126,601 PSUs underlying common stock (118,575 vested).
• Footnote F1 explains the shares were withheld to satisfy tax withholding obligations related to an equity award.

Context This was a routine tax-withholding action tied to the settlement of an equity award (a common administrative disposition) rather than an open-market sale signaling a view on the stock. Tax withholding reduces the insider’s reported share count but does not necessarily reflect a decision to liquidate holdings for investment reasons.