Form 4: NASDAQ Executive Reports Stock Transactions

NASDAQ's EVP, CIO Bradley J. Peterson reported a transaction involving the withholding of shares for tax purposes and disclosed beneficial ownership details.

Summary

• Bradley J. Peterson, EVP, CIO of NASDAQ, Inc., reported a transaction on April 3, 2026.
• This transaction involved shares of Common Stock withheld for tax purposes related to the settlement of an equity award.
• Following this transaction, Peterson beneficially owns 148,745 shares of NASDAQ's Common Stock.
• This beneficial ownership includes various forms of stock, such as restricted stock, performance share units (PSUs), and shares purchased through an employee stock purchase plan.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it reports standard executive stock transactions and beneficial ownership without indicating significant positive or negative developments for the company.

Positives

• The executive continues to hold a significant beneficial ownership in NASDAQ, Inc., indicating continued commitment.
• The transaction relates to the settlement of an equity award, which is a standard component of executive compensation.
• Details provided indicate a diversified beneficial ownership, including vested restricted stock and PSUs, and shares from an employee stock purchase plan.

Negatives

• Shares were withheld for tax purposes, which represents a reduction in the immediate net value of the equity award for the executive.

Risks

• The filing does not explicitly mention any new risks or challenges.
• However, as with any executive stock transaction, potential future sales could impact market perception if not managed strategically.

Future Outlook

No specific future outlook or guidance is provided in this Form 4 filing, as it pertains to reporting past transactions and current beneficial ownership.

Management Comments

• The filing includes a signature by Alex Kogan, by power of attorney, indicating delegation for the reporting person.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for executives and directors of publicly traded companies, providing transparency into insider stock transactions. This filing is typical for a company in the financial technology and exchange sector like NASDAQ.

Stakeholder Impact

• Shareholders: Increased transparency regarding executive holdings and transactions.
• Employees: The filing details aspects of the company's equity compensation plans.
• Management: Compliance with regulatory disclosure requirements.

Next Steps

• Continued adherence to SEC reporting requirements for insider transactions.

Key Dates

Keywords

NASDAQ, Form 4, Insider Trading, Stock Transaction, Beneficial Ownership, Executive Compensation, Equity Award, Restricted Stock, PSU, Employee Stock Purchase Plan