Form 4: NASDAQ EVP, CIO Bradley J. Peterson Reports Stock Disposal for Tax Obligations

Bradley J. Peterson, EVP and CIO of NASDAQ, Inc., disposed of 1,497 shares of common stock on April 3, 2025, to cover tax obligations related to the settlement of an equity award.

Summary

• On April 3, 2025, Bradley J. Peterson, the EVP and CIO of NASDAQ, Inc., disposed of 1,497 shares of NASDAQ common stock.
• The transaction was executed to cover tax obligations arising from the settlement of a previously granted equity award under NASDAQ's Equity Incentive Plan.
• The shares were disposed of at a price of $78.3 per share.
• Following the transaction, Peterson beneficially owns 133,275 shares of NASDAQ common stock.
• This total includes 87,238 shares or units of restricted stock (38,372 vested), 41,294 shares underlying PSUs (all vested), and 4,743 shares purchased under the Employee Stock Purchase Plan.

Sentiment

Score: 5

Explanation: This is a routine disclosure of a stock transaction by an executive to cover tax obligations. It doesn't inherently indicate positive or negative sentiment about the company's prospects.

Industry Context

Form 4 filings are standard disclosures required by the SEC when corporate insiders, like Bradley J. Peterson, transact in their company's stock. These filings provide transparency to the market regarding the trading activities of individuals with access to non-public information.

Comparison to Industry Standards

• Executive compensation practices, including equity awards and subsequent tax-related stock disposals, are common across publicly traded companies.
• Companies like Intercontinental Exchange (ICE) and CME Group also utilize equity-based compensation for their executives, and similar Form 4 filings would be expected when those executives transact in their company's stock.
• The specific number of shares and transaction prices are unique to NASDAQ and Peterson's individual circumstances, but the overall practice aligns with industry norms.

Key Dates

Keywords

Form 4, NASDAQ, Bradley J. Peterson, Executive Compensation, Stock Disposal, Equity Incentive Plan, Beneficial Ownership, Tax Obligations