Form 4: Nasdaq Executive Vice President Bradley J. Peterson Sells Shares Under 10b5-1 Plan
SEC Form 4 Filing
Executive Vice President Bradley J. Peterson of Nasdaq, Inc. sold 17,056 shares of common stock at an average price of $79.79 on February 26, 2025, under a pre-arranged 10b5-1 trading plan.
Summary
- On February 26, 2025, Bradley J. Peterson, an Executive Vice President at Nasdaq, Inc., sold 17,056 shares of the company's common stock.
- The sale was executed under a Rule 10b5-1 trading plan.
- The shares were sold at a weighted average price of $79.79, with individual transactions ranging from $79.16 to $80.39.
- Following the transaction, Peterson directly owns 131,075 shares.
- This includes 85,038 shares or units of restricted stock (36,806 vested), 41,294 shares underlying PSUs (all vested), and 4,743 shares purchased under the Employee Stock Purchase Plan.
Sentiment
Score: 5
Explanation: The document is a standard SEC Form 4 filing, indicating a routine stock sale by an executive under a pre-arranged trading plan. It doesn't inherently convey positive or negative sentiment.
Industry Context
Sales by company executives are a normal part of corporate governance. The use of a 10b5-1 plan indicates that the sales were pre-planned and not based on any inside information.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders, but the use of a 10b5-1 plan suggests it was pre-planned and not based on inside information.
Key Dates
| Date | Description |
|---|---|
| 02/26/2025 | Date of stock sale transaction |
| 02/27/2025 | Date of Form 4 filing |
Keywords
Form 4, Nasdaq, Bradley J. Peterson, Executive Vice President, Stock Sale, Rule 10b5-1, Insider Trading
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