Form 4: NASDAQ, Inc. Executive Vice President & CFO Sarah Youngwood Reports Acquisition of Restricted Stock Units

Sarah Youngwood, EVP & CFO of NASDAQ, Inc., reports the acquisition of 15,781 Restricted Stock Units (RSUs) on April 1, 2025, according to a Form 4 filing with the SEC.

Summary

• On April 1, 2025, Sarah Youngwood, the Executive Vice President & CFO of NASDAQ, Inc., acquired 15,781 Restricted Stock Units (RSUs).
• These RSUs were granted pursuant to the Issuer's Equity Incentive Plan.
• Each RSU represents a contingent right to receive one share of NASDAQ's Common Stock.
• The RSUs will vest in three tranches: 33% on April 1, 2027, 33% on April 1, 2028, and the remaining 34% on April 1, 2029.
• Following the reported transaction, Ms. Youngwood beneficially owns 75,475 shares or units of restricted stock, none of which are vested.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. The grant of RSUs is a standard practice and indicates confidence in the executive and the company's future. There are no immediate negative implications.

Positives

• The grant of RSUs aligns Ms. Youngwood's interests with those of NASDAQ's shareholders, incentivizing her to drive long-term value creation.

Future Outlook

The vesting schedule of the RSUs indicates a long-term commitment from Ms. Youngwood to NASDAQ, aligning her compensation with the company's future performance.

Industry Context

Executive compensation packages often include equity-based awards like RSUs to align management's interests with shareholder value. This filing provides transparency into the compensation structure of a key executive at NASDAQ.

Comparison to Industry Standards

• RSUs are a common component of executive compensation packages in publicly traded companies, including those in the financial services and technology sectors.
• Companies like Intercontinental Exchange (ICE) and CME Group also utilize equity-based compensation to incentivize their executives.
• The vesting schedule of the RSUs is typical, with vesting occurring over a period of several years to encourage long-term performance.

Stakeholder Impact

• Shareholders may view the RSU grant positively as it aligns executive compensation with long-term company performance.
• Employees may see this as a positive sign of the company's commitment to its leadership team.

Key Dates

Keywords

Form 4, Restricted Stock Units, RSUs, NASDAQ, Sarah Youngwood, Executive Compensation, Equity Incentive Plan, Beneficial Ownership