Form 4: Nasdaq Executive Nelson Griggs Reports Stock Transaction
SEC Form 4 Filing
Nelson Griggs, President of Capital Access Platforms at Nasdaq, Inc., reported a transaction involving the surrender of shares to cover withholding taxes related to equity vesting.
Summary
- On July 1, 2024, Nelson Griggs, President of Capital Access Platforms at Nasdaq, Inc., reported a transaction.
- The transaction involved the surrender of 11,484 shares of common stock to cover withholding taxes related to the vesting of equity previously granted under Nasdaq's Equity Incentive Plan.
- The price per share was $59.48.
- Following the transaction, Griggs beneficially owns 221,563 shares.
- This includes 79,612 shares or units of restricted stock (28,568 vested) and 141,951 shares underlying PSUs (all vested).
Sentiment
Score: 5
Explanation: The document describes a routine transaction related to equity compensation, with no indication of positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard process of covering tax obligations related to equity compensation.
Key Dates
| Date | Description |
|---|---|
| 07/01/2024 | Date of the transaction where shares were surrendered to pay withholding taxes. |
| 07/02/2024 | Date of signature for the Form 4 filing. |
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