Form 4: NASDAQ Executive Sells Shares
Statement of Changes in Beneficial Ownership
NASDAQ President of Capital Access Platforms, PC Nelson Griggs, reported a sale of 5,093 shares of common stock on May 18, 2026, for $92.62 per share.
Summary
- PC Nelson Griggs, President of Capital Access Platforms at NASDAQ, Inc., sold 5,093 shares of common stock.
- The transaction occurred on May 18, 2026, with a sale price of $92.62 per share.
- Following this transaction, Griggs beneficially owns 233,798 shares of NASDAQ common stock.
- The filing also notes that Griggs's beneficial ownership includes 77,970 shares or units of restricted stock, with 42,766 vested, and 155,828 shares of Common Stock underlying PSUs, of which 142,986 are vested.
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a neutral to slightly negative filing due to the sale of shares by a high-ranking executive, although the amount is relatively small in the context of total holdings and the filing is a standard disclosure.
Negatives
- A significant number of shares were sold by a key executive.
Future Outlook
No specific future outlook or guidance is provided in this Form 4 filing, which solely reports a change in beneficial ownership.
Industry Context
StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions. While a single sale by an executive doesn't inherently signal a negative outlook for NASDAQ, significant or frequent sales by multiple executives could warrant closer scrutiny regarding management's confidence in the company's future performance.
Stakeholder Impact
- Shareholders may view the sale of shares by an executive with some concern, potentially interpreting it as a lack of confidence, though the context of the sale is not provided.
- Employees may also observe insider transactions as an indicator of company performance and executive sentiment.
Key Dates
| Date | Description |
|---|---|
| 05/18/2026 | Transaction date for the sale of common stock by PC Nelson Griggs. |
| 05/20/2026 | Date of signature for the filing. |
Keywords
NASDAQ, NDAQ, Form 4, Insider Trading, Stock Sale, Beneficial Ownership, PC Nelson Griggs, Capital Access Platforms
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