Intercontinental Exchange, Inc.·4

May 20, 4:30 PM ET

NOONAN THOMAS E 4

Research Summary

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Updated

ICE Director Thomas Noonan Receives 1,538 RSU Award

What Happened

  • Thomas Noonan, a director of Intercontinental Exchange, Inc. (ICE), was granted 1,538 restricted stock units (RSUs) on May 18, 2026. The Form 4 reports the award as an acquisition at $0 per unit (typical for RSU grants). The RSUs may be settled only by delivery of ICE common stock and vest on the one-year anniversary of the grant (May 18, 2027).

Key Details

  • Transaction date: 2026-05-18; Form filed: 2026-05-20 (appears timely).
  • Transaction type/code: A — Award/Grant of restricted stock units.
  • Shares/units granted: 1,538 RSUs; acquisition price: $0 per unit (grant).
  • Shares owned after transaction: 21,429 shares of common stock plus 1,538 RSUs (aggregate reported).
  • Footnotes: F1—RSUs vest one year after award and settle only in shares. F2—Table 1 aggregate combines 21,429 common shares and 1,538 RSUs; RSUs vest 05/18/2027.
  • No indication of a sale, tax withholding, 10b5-1 plan, or late filing in the report.

Context

  • RSU grants are a form of compensation for directors/executives and do not represent an immediate purchase or sale of stock; shares will be delivered only if/when the RSUs vest.
  • Because this is a compensatory award (not a market purchase), it is generally seen as routine director compensation rather than a direct signal of insider buying or selling.