Intercontinental Exchange (ICE) SVP Douglas Foley Sells Shares

What Happened
Douglas Foley, Senior Vice President, HR & Administration at Intercontinental Exchange (ICE), sold 1,600 shares of ICE common stock in an open-market transaction on August 20, 2026. The shares were disposed at $160.00 each, for total proceeds of $256,000. The filing notes the sale was effected pursuant to a Rule 10b5-1 trading plan.

Key Details

• Transaction date and price: Aug 20, 2026 — 1,600 shares sold @ $160.00 per share (total $256,000).
• Transaction type: Open-market sale (reported as "S"), executed under a 10b5-1 trading plan that became effective Nov 7, 2025 (Footnote F1).
• Shares owned after transaction: Filing shows 13,032 shares of common stock plus 3,472 unvested restricted stock units (RSUs) and 959 performance-based RSUs (PSUs) — aggregate 17,463 units (Footnote F2).
• Timeliness: Reported on Form 4 filed Aug 24, 2026; this filing date is within the required two business days of the Aug 20 transaction.
• Other footnotes: PSUs tied to multi-year TSR and EBITDA goals will be settled and reported at vesting dates in Feb 2027–2029 (F3). Deal Incentive Award PSUs will be determined Dec 2026–2028 and may be subject to additional time-based vesting and potential one-year holding periods (F4).

Context

• Sales executed under an established 10b5-1 plan are typically pre-arranged and intended to avoid trading on material nonpublic information; they are common for routine diversification or liquidity needs.
• This transaction is a sale, which is generally less informative than purchases when assessing insider sentiment; no options were exercised and no gifts or tax-withholding dispositions were reported.