Bowen Sharon 4
Research Summary
AI-generated summary
Intercontinental Exchange (ICE) Director Sharon Bowen Sells 667 Shares
What Happened
- Sharon Bowen, a director of Intercontinental Exchange, sold 667 shares of ICE common stock on May 22, 2026 at $151.28 per share, for total proceeds of $100,904. The sale was effected under a pre-established Rule 10b5-1 trading plan.
Key Details
- Transaction date and price: May 22, 2026 — 667 shares sold at $151.28 each (total $100,904).
- Shares owned after transaction (per filing Table 1): 13,539 shares of common stock and 1,538 restricted stock units (RSUs), an aggregate of 15,077 units. The RSUs vest on May 18, 2027.
- Footnote: The sale was made pursuant to a Rule 10b5-1 trading plan approved and effective Feb 17, 2026.
- Filing timeliness: Report filed May 27, 2026. This filing falls within the SEC Form 4 reporting window (filed on the second business day after the trade) and is not marked late.
Context
- A 10b5-1 plan lets insiders pre-authorize trades, so sales under such plans are often routine and not necessarily a contemporaneous signal of the insider’s view of the company.
- This transaction is a sale (S) rather than a purchase; purchases tend to carry more weight as potential positive signals for retail investors.