Form 4: Nasdaq Director Paul Holden Spaht Jr. Acquires Restricted Stock

Director Paul Holden Spaht Jr. reports acquisition of Nasdaq, Inc. restricted stock, with vesting scheduled for June 11, 2025.

Summary

• On June 11, 2024, Paul Holden Spaht Jr., a director of Nasdaq, Inc., acquired 4,405 shares of common stock as restricted stock.
• The restricted stock vests 100% on June 11, 2025.
• Following the transaction, Spaht beneficially owns 7,406 shares of unvested restricted stock.
• Spaht disclaims beneficial ownership of the restricted stock, as it is held for the benefit of Thoma Bravo, L.P.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it is a standard regulatory filing reporting a stock transaction. There is no indication of positive or negative sentiment.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency into the actions of company leadership but doesn't necessarily reflect broader industry trends.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, as it involves the granting of restricted stock to a director.
• The filing provides transparency to shareholders regarding insider transactions.

Key Dates