Form 4: Nasdaq Executive Tal Cohen Reports Stock Transaction

Tal Cohen, President of Market Platforms at Nasdaq, Inc., reported the disposition of 1,564 shares of common stock to cover tax obligations related to an equity award.

Summary

• On April 3, 2025, Tal Cohen, President of Market Platforms at Nasdaq, Inc., disposed of 1,564 shares of common stock.
• The transaction was executed to cover tax obligations related to the settlement of a previously granted equity award under Nasdaq's Equity Incentive Plan.
• The price per share for the transaction was $78.3.
• Following the transaction, Cohen beneficially owns 191,742 shares of Nasdaq common stock.
• This total includes 124,002 shares or units of restricted stock (41,026 vested), 66,435 shares underlying PSUs (all vested), and 1,305 shares purchased under the Employee Stock Purchase Plan.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a routine stock transaction. It doesn't convey any particularly positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of executive compensation and provide transparency into the trading activities of company insiders. This transaction is related to tax obligations arising from equity compensation, which is a common practice.

Stakeholder Impact

• The transaction is unlikely to have a significant impact on stakeholders as it is a routine sale of shares to cover tax obligations.

Key Dates

Keywords

Form 4, Beneficial Ownership, Tal Cohen, Nasdaq, Equity Incentive Plan, Stock Transaction, Market Platforms