ICE President Christopher Edmonds Exercises Options, Sells 5,000 Shares

What Happened
Christopher Scott Edmonds, President, Fixed Income & Data at Intercontinental Exchange (ICE), exercised options and sold shares on Sept. 1, 2026. He exercised 5,000 shares at an exercise price of $57.31 (cost $286,550) and sold 5,000 shares in an open-market transaction at $160.59 for total proceeds of $802,950. The filing also reports a separate exercise/conversion of 5,000 derivative securities reported as disposed at $0.00.

Key Details

• Transaction date: 2026-09-01. Sale price: $160.59 (5,000 shares, $802,950). Exercise price: $57.31 (5,000 shares, $286,550). Additional conversion reported at $0.00 for 5,000 shares.
• Sale was effected pursuant to a Rule 10b5-1 trading plan approved and effective Feb. 6, 2026 (footnote F1).
• Filing notes options are fully vested (F6).
• Beneficial ownership after the transaction is not explicitly listed in the excerpt; filing footnotes state holdings include 2,763 common shares, 9,206 unvested RSUs and 2,398 PSUs (some performance satisfied), plus 101 ESPP shares (F2, F3).
• Filing date (accession 2026-09-03) appears timely relative to the Sept. 1 transaction.

Context
This is a common pattern where an insider exercises vested options and sells the resulting shares the same day (the filing shows the exercise and an immediate open-market sale). The sale was done under a pre-established 10b5-1 plan, which typically provides an automated schedule for trades and reduces implication of opportunistic timing. The separate conversion reported at $0.00 is listed in the filing but not further explained there; the filing’s footnotes describe various unvested and performance-based awards whose final share issuances will be reported when they vest.