Form 4: Nasdaq Executive Nelson Griggs Reports Stock Transactions

Nelson Griggs, President of Capital Access Platforms at Nasdaq, Inc., reports the acquisition and disposal of company stock related to the settlement of performance share units.

Summary

• On February 19, 2025, Nelson Griggs, President of Capital Access Platforms at Nasdaq, Inc., reported transactions involving Nasdaq common stock.
• Griggs acquired 28,020 shares of common stock at $0.00 per share due to the settlement of performance share units (PSUs) under Nasdaq's Equity Incentive Plan.
• Simultaneously, 12,501 shares were disposed of at $81.24 per share to cover taxes related to the PSU settlement.
• Following these transactions, Griggs beneficially owns 211,340 shares of Nasdaq common stock.
• This total includes 79,612 shares or units of restricted stock (28,568 vested) and 131,728 shares of common stock underlying PSUs (all vested).

Sentiment

Score: 5

Explanation: This is a routine filing related to executive compensation and stock transactions, with no inherent 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 the settlement of previously granted performance-based equity awards.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they reflect the normal course of executive compensation.

Key Dates

Keywords

Form 4, Beneficial Ownership, Stock Transaction, Performance Share Units, Nasdaq, Griggs, Equity Incentive Plan