Form 4: NASDAQ Director Jeffery W. Yabuki Granted New Equity Award

NASDAQ, Inc. Director Jeffery W. Yabuki was granted 4,607 Restricted Stock Units (RSUs) as part of the company's Equity Incentive Plan, with the new units vesting on June 11, 2026.

Summary

• Jeffery W. Yabuki, a Director of NASDAQ, Inc. (NDAQ), reported a change in beneficial ownership via a Form 4 filing.
• On June 11, 2025, Mr. Yabuki was granted 4,607 Restricted Stock Units (RSUs) under NASDAQ's Equity Incentive Plan.
• These newly granted RSUs have a grant price of $0.00 and each unit represents a contingent right to receive one share of NASDAQ Common Stock.
• The entirety of these 4,607 RSUs will vest on June 11, 2026.
• Following this transaction, Mr. Yabuki directly beneficially owns a total of 18,347 Restricted Stock Units (RSUs), of which 13,740 were already vested as of the filing date.
• Additionally, Mr. Yabuki indirectly beneficially owns 60 shares of Common Stock held by a revocable family trust, for which he serves as trustee.

Sentiment

Score: 6

Explanation: The sentiment is slightly positive as it indicates an alignment of director interests with shareholders through an equity award, which is a standard and expected compensation practice.

Positives

• Director Jeffery W. Yabuki received an award of 4,607 Restricted Stock Units (RSUs), aligning his interests with long-term shareholder value.
• The grant is part of the company's Equity Incentive Plan, indicating ongoing use of equity compensation to incentivize directors and executives.

Future Outlook

The 4,607 Restricted Stock Units granted to Director Jeffery W. Yabuki are scheduled to vest in their entirety on June 11, 2026.

Industry Context

This Form 4 filing details a routine insider transaction involving an equity award to a director, which is a common practice across publicly traded companies as part of their executive and director compensation plans. It does not provide broader industry trends or competitive analysis.

Stakeholder Impact

• Shareholders: The grant of RSUs to a director aligns the director's financial interests with the long-term performance of the company, potentially benefiting shareholders.

Next Steps

• Vesting of the 4,607 Restricted Stock Units on June 11, 2026.

Key Dates

Keywords

NASDAQ, NDAQ, SEC Form 4, Insider Trading, Restricted Stock Units, RSUs, Equity Incentive Plan, Director Compensation, Jeffery W. Yabuki