Form 4: Nasdaq Executive Vice President Jeremy Skule Sells 12,000 Shares

Executive Vice President Jeremy Skule of Nasdaq, Inc. sold 12,000 shares of common stock on November 6, 2024, at a weighted average price of $77.92.

Summary

• On November 6, 2024, Jeremy Skule, an Executive Vice President at Nasdaq, Inc., sold 12,000 shares of the company's common stock.
• The sale was executed at a weighted average price of $77.92 per share.
• Following the transaction, Skule directly owns 114,580 shares.
• This includes 48,121 shares or units of RSUs, of which 8,077 are vested, 63,063 shares underlying PSUs, all of which are vested and 3,396 shares purchased under the Employee Stock Purchase Plan.

Sentiment

Score: 5

Explanation: The document is a standard SEC Form 4 filing, indicating a routine transaction. The sentiment is neutral as it simply reports the sale of shares by an executive.

Industry Context

Executive stock sales are a common occurrence and are often related to personal financial planning rather than a reflection of the company's performance. It is important to consider the overall context of executive compensation and stock ownership when evaluating such transactions.

Stakeholder Impact

• The sale of shares by an executive could have a minor impact on shareholder sentiment, but is unlikely to have a significant long-term effect.

Key Dates