Nasdaq Officer Bradley J. Peterson Files Form 144 to Sell $417K in Common Stock

Executive Summary

On October 27, 2026, Bradley J. Peterson, an officer of NASDAQ, INC. (NDAQ), filed a Form 144 notice disclosing the intent to sell up to 3,987 shares of common stock with an aggregate market value of approximately $417,638.25.

Transaction Details

• Security: Common Stock
• Shares Proposed for Sale: 3,987
• Estimated Aggregate Market Value: $417,638.25 (implied price of ~$104.75 per share)
• Shares Outstanding: 554,962,751
• Broker: Morgan Stanley Smith Barney LLC Executive Financial Services
• Source of Shares:
  • 2,987 shares acquired via restricted stock vesting on July 1, 2024
  • 1,000 shares acquired via performance shares vesting on February 20, 2024

Prior Sales Activity (Past 3 Months)

• October 23, 2026: 4,000 shares sold for gross proceeds of $413,520.00
• August 7, 2026: 6,000 shares sold for gross proceeds of $573,300.60

Market and Trading Assessment

The proposed transaction represents a negligible fraction of the company's 554.96 million outstanding common shares. Given that the shares originate from standard equity compensation awards (RSUs and PSUs) and follow regular quarterly selling patterns, this filing carries low overall market significance.