Intercontinental Exchange CAO James W. Namkung Sells $401K in Common Stock Under Rule 10b5-1 Plan
Intercontinental Exchange, Inc.
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Filing Summary
Insider Sale Alert: Intercontinental Exchange, Inc. (NYSE: ICE) • Insider: James W. Namkung (Chief Accounting Officer) • Transaction: Sold 2,430 shares of Common Stock at $165.00/share ($400,950 total) • Date: October 29, 2026 • Post-Transaction Holdings: 14,102 shares • Plan: Executed via pre-arranged Rule 10b5-1 trading plan adopted on June 3, 2026
Comprehensive Analysis
Executive Summary
On November 2, 2026, Intercontinental Exchange, Inc. (NYSE: ICE) filed a Form 4 detailing an insider transaction by Chief Accounting Officer James W. Namkung. On October 29, 2026, Mr. Namkung disposed of 2,430 shares of common stock at a price of $165.00 per share, realizing approximately $400,950 in gross proceeds.
Transaction Details
- Security: Common Stock
- Transaction Code: S (Open market or private sale)
- Shares Sold: 2,430
- Execution Price: $165.00
- Total Consideration: $400,950.00
- Remaining Holdings: 14,102 shares directly owned (comprising 11,172 common shares, 2,354 unvested RSUs, and 576 performance-vested PSUs, along with shares from the ESPP)
Trading Significance
This transaction carries Low trading significance. The sale was executed pursuant to a pre-scheduled Rule 10b5-1 trading plan established on June 3, 2026. Because Rule 10b5-1 plans are structured in advance to prevent trading on material non-public information, and the transaction represents a routine disposition by an accounting officer, it does not suggest a discretionary change in sentiment regarding the company's financial outlook.
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Important Disclaimer
This content is drawn from public SEC filings and may contain errors. It is for informational purposes only and is not investment, legal, or tax advice.
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