4Filed Aug 6, 8:00 PM ET
Intercontinental Exchange (ICE) SVP Foley Douglas Sells 7,300 Shares
$ICE · Intercontinental Exchange, Inc.Research Summary
AI-generated summary of this SEC filing
Intercontinental Exchange (ICE) SVP Foley Douglas Sells 7,300 Shares
What Happened
- Foley Douglas, Senior Vice President, HR & Administration at Intercontinental Exchange (ICE), sold 7,300 shares in an open-market transaction on August 5, 2026. The shares were sold at $148.88 each for total proceeds of $1,086,788.
- This transaction is a sale (disposition) and does not necessarily indicate the insider’s view of the company’s prospects; sales by executives are often routine or for personal liquidity.
Key Details
- Transaction date and price: Aug 5, 2026 — 7,300 shares sold at $148.88 per share.
- Total proceeds: $1,086,788.
- Filing date: Form 4 filed Aug 7, 2026 (reporting period: Aug 5, 2026).
- Shares owned after transaction (per filing footnotes): report shows an aggregate of 14,632 shares of common stock beneficially owned, plus 3,472 unvested restricted stock units (RSUs) and 959 performance-based RSUs (PSUs) for which the performance period has been satisfied.
- Notable footnotes from the filing:
- F1: Ownership includes 101 shares acquired under the ICE Employee Stock Purchase Plan on June 30, 2026.
- F2: Aggregate beneficial ownership combines 14,632 common shares, 3,472 unvested RSUs and 959 PSUs; RSUs/PSUs vest over three years (33.33% per year).
- F3: Certain TSR and EBITDA PSUs for 2024–2026 will be settled (if any) in Feb 2027–2029 and reported at vesting.
- F4: Deal Incentive Award PSUs will be determined in Dec 2026–2028 and may have additional vesting/holding conditions.
Context
- This was an open-market sale (S) of existing shares, not an option exercise or award grant. Sales like this are typically personal liquidity events rather than direct endorsements or criticisms of company prospects.
- The filing discloses unvested RSUs/PSUs and timing for future PSU determinations; those future vesting outcomes will be reported when they are determined.