Form 4: Nasdaq Executive Vice President Jeremy Skule Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Executive Vice President Jeremy Skule reports the settlement of performance share units and shares withheld for taxes, resulting in adjustments to his holdings of Nasdaq, Inc. common stock.
Summary
- Jeremy Skule, an Executive Vice President at Nasdaq, Inc., reported changes in his beneficial ownership of the company's common stock on February 19, 2025.
- The changes include the acquisition of 19,613 shares through the settlement of performance share units (PSUs) at a price of $0.
- Additionally, 9,058 shares were disposed of to cover taxes related to the PSU settlement at a price of $81.24.
- Following these transactions, Skule's total beneficial ownership includes 96,860 shares of common stock.
- This total includes 40,246 shares or units of restricted stock (7,663 vested), 53,218 shares underlying PSUs (all vested), and 3,396 shares purchased under the Employee Stock Purchase Plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing changes in beneficial ownership, with no inherent positive or negative sentiment. It reflects routine compensation-related transactions.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding executive compensation and ownership.
Key Dates
| Date | Description |
|---|---|
| 2022-01-01 | Start date of the three-year performance period for the performance share units (PSUs). |
| 2024-12-31 | End date of the three-year performance period for the performance share units (PSUs). |
| 2025-02-19 | Date of the reported transactions: acquisition of shares through PSU settlement and disposal of shares for tax purposes. |
| 2025-02-21 | Date of signature for the Form 4 filing. |
Keywords
Beneficial Ownership, Form 4, Nasdaq, Executive Vice President, Jeremy Skule, PSU, Stock Options, Equity Incentive Plan
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