Peterson Bradley J 4

What Happened

• Bradley J. Peterson, EVP and Chief Information Officer of Nasdaq, sold 7,710 shares of Nasdaq, Inc. common stock in an open-market transaction on April 28, 2026. The shares were sold at $90.82 per share for total proceeds of approximately $700,222. This was a sale (not a purchase or option exercise).

Key Details

• Transaction date and price: April 28, 2026 — 7,710 shares at $90.82 each.
• Proceeds: ~$700,222.
• Transaction type/code: Open-market sale (S).
• Filing date: Form 4 filed April 30, 2026 — filed within the standard two business days (timely).
• Shares owned (per filing footnote): the filing’s footnote reports beneficial holdings totaling 141,035 shares/units, composed of (i) 64,377 restricted stock units (38,372 vested), (ii) 71,618 shares underlying PSUs (61,986 vested), and (iii) 5,040 shares acquired under the ESPP. The Form 4 does not list a separate "shares owned after" line beyond this footnote.
• Other notes: No 10b5-1 trading plan or tax-withholding disposition is indicated in the filing.

Context

• Insider sales are common for liquidity, diversification, or tax reasons and do not by themselves indicate the insider’s view of the company. The sold shares (7,710) equal roughly 5.5% of the 141,035 shares/units referenced in the filing’s footnote, based on the reported totals. Purchases are generally considered a stronger signal of insider confidence than routine sales.