Nasdaq Officer Bradley J. Peterson Files Form 144 to Sell $413K in Stock

Executive Summary

On October 23, 2026, Bradley J. Peterson, an Officer of NASDAQ, INC. ($NDAQ), filed a Form 144 notice proposing the sale of 4,000 shares of common stock through Morgan Stanley Smith Barney LLC. The proposed sale has an estimated aggregate market value of $413,520.00, representing approximately $103.38 per share.

Transaction Details

• Filer: Bradley J. Peterson
• Role: Officer
• Securities to be Sold: 4,000 shares of Common Stock
• Aggregate Market Value: $413,520.00
• Source of Shares:
  • 2,434 shares acquired via Restricted Stock vesting on July 1, 2024 from the Issuer.
  • 1,566 shares acquired via Restricted Stock vesting on April 3, 2025 from the Issuer.
• Approximate Sale Date: October 23, 2026

Prior Sales Within the Past 3 Months

Bradley J. Peterson previously executed two sales during the preceding three-month window:

• August 7, 2026: 6,000 shares sold for gross proceeds of $573,300.60
• July 24, 2026: 13,000 shares sold for gross proceeds of $1,203,910.50

Market Impact & Significance

The proposed sale of 4,000 shares represents a negligible fraction of Nasdaq's 554,962,751 total shares outstanding (<0.001%). The planned disposition follows previously vested equity compensation and continues a pattern of periodic liquidations by the insider. Consequently, the transaction is categorized as having Low trading significance and is unlikely to exert material pressure on share price.