Form 4: Nasdaq Executive Michelle Daly Reports Stock Transactions

Michelle Daly, Controller and Principal Accounting Officer of Nasdaq, Inc., reports the acquisition and disposal of company stock related to the settlement of performance share units.

Summary

• On February 19, 2025, Michelle Daly, Controller and Principal Accounting Officer of Nasdaq, Inc., reported transactions involving Nasdaq's common stock.
• Daly acquired 5,514 shares of common stock at $0.00 per share due to the settlement of performance share units (PSUs) under Nasdaq's Equity Incentive Plan.
• She also disposed of 2,056 shares at $81.24 per share to cover taxes related to the PSU settlement.
• Following these transactions, Daly beneficially owns 15,882 shares of common stock.
• This total includes 11,080 shares or units of restricted stock (4,469 vested), 3,458 shares underlying vested PSUs, and 1,344 shares purchased under the Employee Stock Purchase Plan.

Sentiment

Score: 5

Explanation: The document is a routine disclosure of stock transactions by a company officer, with no inherent positive or negative implications.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor the actions of those with privileged information.

Stakeholder Impact

• The transactions provide transparency to shareholders regarding executive compensation and stock ownership.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Transactions, Performance Share Units, Equity Incentive Plan, Nasdaq, Daly, NDAQ