Cooper Shantella E. 4

What Happened
Director Shantella E. Cooper was granted 1,538 restricted stock units (RSUs) in Intercontinental Exchange, Inc. (ICE) on May 18, 2026. The reported acquisition price is $0.00 (standard for RSU grants); the Form 4 was filed on May 20, 2026. These RSUs will convert to shares of ICE common stock upon settlement.

Key Details

• Transaction type/date: Award/Grant (code A) on 2026-05-18; Form 4 filed 2026-05-20 (timely, two business days later).
• Shares granted: 1,538 restricted stock units @ $0.00 (acquisition value shown as $0).
• Shares owned after transaction: 10,356 shares of common stock plus 1,538 RSUs (aggregate 11,894 instruments referenced in the filing).
• Vesting/settlement: RSUs vest on the one-year anniversary (May 18, 2027) and may be settled only by delivery of common stock (see footnote F1).
• Footnotes: F1 describes that these are restricted stock units settled in shares; F2 clarifies the aggregate share numbers shown in Table 1 (10,356 common shares + 1,538 RSUs).
• Timeliness: Filed two days after the grant (appears timely under Form 4 reporting rules).

Context
This was a compensatory equity award to a director, not an open-market purchase or sale. Awards like RSUs are common for director compensation and do not necessarily indicate a personal cash investment or a change in market sentiment. The RSUs convert to actual shares only after vesting and settlement.