Form 4: NASDAQ, Inc. Director Jeffery W. Yabuki Reports Acquisition of Common Stock

Director Jeffery W. Yabuki reports acquisition of NASDAQ, Inc. common stock and adjustments to holdings in family trust.

Summary

• On June 11, 2024, Jeffery W. Yabuki, a director of NASDAQ, Inc., acquired 6,522 shares of common stock.
• These shares were acquired at a price of $0.00, indicating they were likely granted as restricted stock.
• The restricted stock vests 100% on June 11, 2025.
• Following the transaction, Mr. Yabuki directly owns 16,240 shares, which includes 13,740 shares of unvested restricted stock, 500 shares acquired through open market purchases, and 2,000 shares transferred from his family trust.
• Mr. Yabuki also indirectly owns 60 shares through a family trust.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive. The acquisition of stock by a director is generally viewed as a positive sign, indicating confidence in the company's future. However, it's a routine filing and doesn't necessarily indicate a major shift in the company's prospects.

Positives

• The acquisition of restricted stock aligns Mr. Yabuki's interests with the long-term performance of NASDAQ, Inc.

Future Outlook

The document does not contain specific forward-looking statements regarding NASDAQ, Inc.'s future performance.

Industry Context

This filing is a routine disclosure of stock ownership changes by a company insider, which is common in the financial industry.

Stakeholder Impact

• The acquisition of shares by a director can be viewed positively by shareholders as it aligns management's interests with theirs.

Key Dates