Form 4: Nasdaq Executive Vice President Sarah Youngwood Sells Shares Under 10b5-1 Plan
SEC Form 4 Filing
Executive Vice President of Nasdaq, Inc., Sarah Youngwood, sold 14,959 shares of common stock at an average price of $73.68 on March 17, 2025, under a pre-arranged trading plan.
Summary
- On March 17, 2025, Sarah Youngwood, an Executive Vice President at Nasdaq, Inc., sold 14,959 shares of Nasdaq common stock.
- The sale was executed at a weighted average price of $73.68 per share, with individual transactions ranging from $73.10 to $74.14.
- The transaction was conducted under a Rule 10b5-1(c) trading plan adopted on December 12, 2024.
- Following the sale, Youngwood directly owns 59,694 shares or units of restricted stock, none of which are vested as of the report date.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to an executive's stock sale under a pre-arranged trading plan. It doesn't inherently convey positive or negative sentiment.
Industry Context
Sales by insiders are a normal part of corporate activity. The use of a 10b5-1 plan suggests the sale was pre-planned and not based on any specific non-public information.
Stakeholder Impact
- The sale of shares by an executive could be perceived negatively by some shareholders, but the existence of a 10b5-1 plan mitigates concerns about insider trading.
Key Dates
| Date | Description |
|---|---|
| December 12, 2024 | Date of adoption of the Rule 10b5-1(c) trading plan |
| March 17, 2025 | Date of the stock sale transaction |
| March 19, 2025 | Date of signature on the Form 4 filing |
Keywords
Form 4, Nasdaq, Sarah Youngwood, Executive Vice President, Stock Sale, Rule 10b5-1, Insider Trading
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