Nasdaq Officer Bradley J. Peterson Files Form 144 to Sell $538K in Common Stock

Executive Summary

On November 4, 2026, Bradley J. Peterson, an Officer of NASDAQ, INC. (CIK: 0001120193), filed SEC Form 144 indicating an intent to sell 5,000 shares of common stock with an estimated market value of $538,750.00 through Morgan Stanley Smith Barney LLC.

Transaction Details

• Securities Class: Common Stock
• Shares Proposed for Sale: 5,000
• Aggregate Market Value: $538,750.00 (~$107.75 per share)
• Source of Shares: Acquired on February 20, 2024, directly from the issuer as Performance Shares.
• Shares Outstanding: 554,962,751 shares (the proposed sale constitutes less than 0.001% of total shares outstanding).

Historical Context (Past 3 Months)

In the three months preceding this notice, the reporting person completed the following open-market sales:

• 10/27/2026: 3,987 shares for $417,638.25
• 10/23/2026: 4,000 shares for $413,520.00
• 08/07/2026: 6,000 shares for $573,300.60

Market Impact & Significance

The trading significance of this filing is assessed as Low. The proposed transaction is part of an ongoing liquidation pattern of equity-based performance awards and represents a negligible fraction of Nasdaq's total shares outstanding.