Form 4: Intercontinental Exchange Director Judith A. Sprieser Sells Shares Under 10b5-1 Plan

Director Judith A. Sprieser sold 1,769 shares of Intercontinental Exchange, Inc. (ICE) common stock at $175.85 per share on May 21, 2025, under a pre-arranged 10b5-1 trading plan.

Summary

• Judith A. Sprieser, a director of Intercontinental Exchange, Inc. (ICE), sold 1,769 shares of common stock on May 21, 2025.
• The sale was executed at a price of $175.85 per share.
• The transaction was conducted under a Rule 10b5-1 trading plan, which was approved and became effective on December 6, 2024.
• Following the transaction, Sprieser beneficially owns 21,069 shares, including 19,595 shares of common stock and 1,474 restricted stock units.
• The restricted stock units vest on May 16, 2026.

Sentiment

Score: 5

Explanation: The document reports a routine stock sale by a company director under a pre-arranged trading plan, which is neither particularly positive nor negative.

Industry Context

Sales by insiders are a common occurrence and are often pre-planned to avoid accusations of trading on inside information. The use of a 10b5-1 plan provides a legal framework for insiders to sell shares at predetermined times and prices.

Stakeholder Impact

• The sale of shares by a director could have a minor impact on shareholder sentiment, but the existence of a 10b5-1 plan mitigates concerns about insider trading.

Key Dates

Keywords

Intercontinental Exchange, ICE, Judith A. Sprieser, Director, Stock Sale, Form 4, 10b5-1 Trading Plan, Restricted Stock Units