Form 4: Nasdaq Executive Vice President Bradley J. Peterson Sells Shares

Executive Vice President of Nasdaq, Inc., Bradley J. Peterson, sold shares of common stock on October 28, 2024.

Summary

• Bradley J. Peterson, an Executive Vice President at Nasdaq, Inc., sold shares of the company's common stock on October 28, 2024.
• Two transactions occurred on this date.
• The first involved the sale of 6,817 shares at a weighted average price of $75.25.
• The second transaction involved the sale of 6,825 shares at a price of $75.38.
• Following these transactions, Peterson directly owns 142,830 shares of Nasdaq common stock.
• This includes 85,038 shares or units of restricted stock, of which 36,806 are vested, 53,114 shares underlying PSUs, all of which are vested and 4,678 shares purchased under the Employee Stock Purchase Plan.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting the sale of shares by an executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of the US market and are required by the SEC to provide transparency when company insiders trade their company's stock. It allows the public to see if company executives are buying or selling shares of their own company.

Stakeholder Impact

• The sale of shares by an executive could be perceived negatively by some shareholders, but it is a common occurrence and doesn't necessarily indicate a negative outlook for the company.

Key Dates