Form 4: NASDAQ, Inc. Executive Nelson Griggs Reports Sale of Common Stock

Nelson Griggs, President of Capital Access Platforms at NASDAQ, Inc., reported the sale of 5,742 shares of common stock at a price of $77.34 on November 6, 2024.

Summary

• On November 6, 2024, Nelson Griggs, President of Capital Access Platforms at NASDAQ, Inc., sold 5,742 shares of common stock.
• The sale price was $77.34 per share.
• Following the transaction, Griggs directly owns 205,821 shares of NASDAQ, Inc.
• This includes 79,612 shares or units of restricted stock, of which 28,568 are vested, and 126,209 shares underlying PSUs, all of which are vested.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock sale by an executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.

Industry Context

Form 4 filings are a routine part of insider trading disclosures, providing transparency into the buying and selling activities of company executives and directors. This allows the market to gain insight into management's perspective on the company's valuation and future prospects.

Stakeholder Impact

• The sale of shares by an executive could be perceived neutrally or slightly negatively by shareholders, depending on the context and the size of the sale relative to the executive's holdings.

Key Dates