Form 4: NASDAQ Director Charlene T. Begley Receives Equity Grant

NASDAQ, Inc. Director Charlene T. Begley was granted 2,995 Restricted Stock Units (RSUs) as part of the company's equity incentive plan, vesting in June 2026.

Summary

• NASDAQ, Inc. Director Charlene T. Begley was granted 2,995 Restricted Stock Units (RSUs) on June 11, 2025.
• These RSUs were awarded pursuant to the Issuer's Equity Incentive Plan and each unit represents a contingent right to receive one share of NASDAQ's Common Stock.
• The entirety of these 2,995 RSUs are scheduled to vest on June 11, 2026.
• Following this transaction, Ms. Begley beneficially owns a total of 49,001 RSUs, of which 46,006 shares were already vested as of the filing date.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive as it represents a routine equity grant aligning director interests with shareholders, without any negative implications or unusual circumstances.

Positives

• The grant of Restricted Stock Units (RSUs) to a director aligns their financial interests with those of the company's shareholders, encouraging long-term performance.
• The transaction is part of a standard equity incentive plan, indicating a structured approach to executive and director compensation.

Future Outlook

The 2,995 Restricted Stock Units granted to Director Charlene T. Begley are scheduled to vest on June 11, 2026, representing a future equity distribution.

Industry Context

This Form 4 filing details a routine equity compensation grant to a director, which is a common practice across publicly traded companies to incentivize long-term commitment and align management interests with shareholder value. Such filings are standard disclosures under Section 16(a) of the Securities Exchange Act of 1934.

Comparison to Industry Standards

• The grant of Restricted Stock Units (RSUs) to directors is a widely adopted form of equity compensation in the financial services and technology sectors, consistent with global benchmarks for corporate governance and executive incentive structures.
• The use of an 'Equity Incentive Plan' for such grants is standard practice, ensuring transparency and adherence to established compensation policies.

Corporate Governance

Stakeholder Impact

• Shareholders: Potential minor dilution from future share issuance upon vesting, but also benefit from increased alignment of director's interests with company performance.
• Director (Charlene T. Begley): Receives additional equity compensation, increasing her stake and incentivizing long-term commitment to NASDAQ's success.

Next Steps

• The 2,995 Restricted Stock Units granted to Charlene T. Begley are expected to vest on June 11, 2026.

Key Dates

Keywords

SEC Form 4, NASDAQ, NDAQ, Restricted Stock Units, RSU, Equity Incentive Plan, Insider Transaction, Director Compensation, Corporate Governance