Form 4: NASDAQ Executive John Zecca Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
EVP John Zecca reports disposing of shares to cover tax obligations related to an equity award.
Summary
- John Zecca, an EVP at NASDAQ, Inc., filed a Form 4 on April 7, 2025, reporting a transaction on April 3, 2025.
- Zecca disposed of 779 shares of common stock at a price of $78.3 per share to cover tax obligations related to the settlement of a previously granted equity award.
- Following the transaction, Zecca beneficially owns 130,174 shares, including restricted stock and shares underlying PSUs.
Sentiment
Score: 5
Explanation: The document reflects a routine transaction related to executive compensation and tax obligations, indicating a neutral sentiment.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions. This filing indicates a standard practice of covering tax obligations related to equity awards.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 04/03/2025 | Date of transaction: Disposal of shares for tax obligations. |
| 04/07/2025 | Date of Form 4 filing. |
Keywords
Form 4, NASDAQ, Executive Compensation, Stock Disposal, Beneficial Ownership, Equity Award, Tax Obligations, John Zecca
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