Hague William Jefferson 4
Research Summary
AI-generated summary
ICE Director William Hague Jefferson Sells 1,333 Shares
What Happened
- William Hague Jefferson, a director of Intercontinental Exchange, sold 1,333 shares of ICE common stock in an open-market transaction on June 12, 2026. The shares were disposed at $139.46 per share for a total proceeds of $185,900. This was a sale (routine liquidity event) rather than a purchase.
Key Details
- Transaction date and price: 2026-06-12 — 1,333 shares sold at $139.46 each (total $185,900).
- Shares owned after transaction: Filing notes an aggregate holding equal to 18,594 shares of common stock plus 1,538 restricted stock units (RSUs) — aggregate 20,132 units.
- Footnotes: (F1) Transaction was effected under a Rule 10b5-1 trading plan approved and effective March 10, 2026. (F2) The 1,538 RSUs vest on May 18, 2027.
- Timeliness: Report filed June 16, 2026; reported within required filing window (timely).
Context
- The sale was executed under a pre-established 10b5-1 plan, which allows insiders to sell according to a preset schedule and is commonly used to avoid trading-window or material nonpublic information issues. Sales under 10b5-1 plans are often routine and do not by themselves indicate management sentiment about the company.