Tirinnanzi Martha A 4
Research Summary
AI-generated summary
Intercontinental Exchange (ICE) Director Martha Tirinnanzi Receives Award
What Happened
Martha A. Tirinnanzi, a director of Intercontinental Exchange, was awarded 1,698 restricted stock units (RSUs) on May 18, 2026. The grant is reported at an acquisition price of $0.00 (typical for RSU awards) and will vest on the one-year anniversary of the grant (May 18, 2027). Of the 1,698 RSUs, 1,538 were awarded as compensation for service on ICE’s board and 160 were awarded for service on the board of ICE Clear Credit LLC.
Key Details
- Transaction date: 2026-05-18; Form 4 filed: 2026-05-20 (filed within the typical 2-business-day window).
- Transaction type/code: Award/Grant (A); acquisition price reported $0.00.
- Vesting: RSUs vest on May 18, 2027 and may be settled only by delivery of common shares.
- Shares owned after transaction: Table shows an aggregate of 3,530 common shares plus 1,698 RSUs = 5,228 total beneficially owned (1,698 are unvested RSUs).
- Footnotes: 11 of the common shares reported were acquired via dividend reinvestment.
Context
This is a standard director compensation grant (RSUs) rather than an open-market purchase or sale. RSU awards are deferred equity compensation and do not require cash outlay at grant; they only convert to actual shares if/when they vest and are settled. Such grants are common and do not, by themselves, indicate the director’s buying or selling sentiment.