Form 4: Nasdaq Director Jeffery Yabuki Receives RSU Grant

Nasdaq, Inc. director Jeffery W. Yabuki was granted 4,612 restricted stock units as part of the company's equity incentive plan.

Summary

• Director Jeffery W. Yabuki received an award of 4,612 Restricted Stock Units (RSUs) on June 10, 2026.
• Each RSU represents a contingent right to receive one share of Nasdaq, Inc. common stock.
• The granted RSUs are scheduled to vest in full on June 10, 2027.
• Following this transaction, the reporting person holds 22,959 total RSUs, with 18,347 currently vested.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director compensation that carries no material impact on the company's financial outlook.

Positives

• The grant aligns director compensation with long-term shareholder interests through equity-based incentives.

Negatives

• None identified; this is a standard compensatory equity grant for a board member.

Risks

• None identified; this filing relates to routine director compensation.

Future Outlook

The filing does not provide forward-looking financial guidance, as it is a disclosure of director equity compensation.

Industry Context

StockSavvy.ai notes that equity grants to board members are standard corporate governance practices designed to ensure alignment between leadership and shareholder value in the financial exchange sector.

Comparison to Industry Standards

• The grant of RSUs to directors is consistent with compensation practices at major financial exchanges like NYSE (ICE) and CBOE.
• The one-year cliff vesting schedule is a common retention and alignment mechanism for board members in large-cap financial services firms.

Stakeholder Impact

• Minimal impact on shareholders as this is a standard equity incentive grant.

Next Steps

• Vesting of the 4,612 RSUs on June 10, 2027.

Key Dates

Keywords

Nasdaq, NDAQ, Form 4, Insider Trading, Director Compensation, Restricted Stock Units