SKULE JEREMY sold $213K of NDAQ

SKULE JEREMY (EVP, CSO) sold 2,250 shares of NASDAQ, INC. (NDAQ) at $94.75 ($0.21M total) on 2026-08-10 under a Rule 10b5-1 trading plan.

Original reporting
SEC EDGAR · SKULE JEREMY
Published Aug 12, 2026, 8:05 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Aug 12, 2026, 8:09 PM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
AlphAI market briefInsider activity
Primary signal
$NDAQ
Neutral
high confidence
Mentioned
$NDAQ
Relevance
3/10
AlphAI data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$NDAQNeutralLow
01

Why it matters

The disclosed event is an executive open-market sale under a pre-arranged 10b5-1 plan, which typically reduces interpretability as a directional signal.

02

Market read

This is a routine insider sale disclosure with limited actionable information for trading beyond minor sentiment noise.

03

What to watch

The article does not state whether the sale was part of a scheduled liquidity need versus any new information; without additional context, signal quality is low.

Relevance 3/10Novelty 2/10Timing: filed 2026-08-12, transaction dated 2026-08-10

Background

The article is an SEC Form 4 insider transaction disclosure for NASDAQ, Inc. (NDAQ).

Company-level read

Ticker impact

$NDAQNeutralHigh confidence
Context

SEC Form 4 shows NDAQ EVP CSO Skule Jeremy sold 2,250 shares at $94.75 on 2026-08-10 under a 10b5-1 plan.

Expected impact

Low likelihood of a sustained price move; any reaction is likely muted and short-lived.

Evidence & confidence

The filing is a pre-arranged 10b5-1 open-market sale by an executive, with no accompanying operational, financial, or regulatory disclosure in the text.

Market effects

Minimal, as this is an individual insider transaction with no sector-wide catalyst described.

None indicated.

None indicated.

Counterpoint

Even 10b5-1 sales can coincide with private information, so traders may watch for follow-on disclosures or unusual volume around the sale window.

Key entities

  • NDAQ

    NASDAQ, Inc., the company whose insider transaction is disclosed.

  • SKULE JEREMY

    EVP, CSO who sold shares under a 10b5-1 plan.

Full insider trading history

This story covers one filing. See everything behind it: every insider buy and sell on record, 10b5-1 plans, late filings, and which officers and directors are trading.

Related articles

$NDAQMed

Nasdaq to Launch 23-Hour Trading on Dec. 6, Linking U.S. Night Session Directly to A-Share Trading Hours

Nasdaq plans to launch a 23-hour trading schedule starting Dec. 6, 2026, with a one-hour daily closure. The new night session aligns with A-share trading hours, potentially increasing real-time cross-market linkage. Experts note potential impacts on sectors like AI, semiconductors, and new energy vehicles, with varying views on A-share market effects.

$NDAQMed

Erste Group initiates Nasdaq stock with buy on extended trading

Erste Group initiated coverage on Nasdaq (NDAQ) with a buy rating, citing its plan for extended trading hours as a growth catalyst. The stock is near its 52-week high and has returned 25% over the past year. NDAQ reported Q3 2026 earnings that beat expectations, with $1.04 EPS and $1.48 billion revenue. InvestingPro notes NDAQ is slightly overvalued compared to its Fair Value estimate.

$NDAQLow

Nasdaq Invests in Always-On Markets

Nasdaq launched Eqlipse Digital to connect tokenized markets and invested in One Trading, a 24/7 European trading venue. Nasdaq Ventures also acquired LeveL Markets, a U.S. ATS. Nasdaq plans to expand 23/5 trading of U.S. equities by December 2026. One Trading offers perpetual futures and equity futures trading, with real-time margin and settlement.

$NDAQMed

Nasdaq Advances Shift Towards More Connected Always-On Markets

Nasdaq reported Q3 milestones, including record index inflows and fintech revenue growth. The company acquired LeveL Markets, expects $7m-$8m Q4 revenue, and launched Digital Liquidity Networks. Nasdaq plans 23/5 U.S. equities trading from Dec 2026 and a 2027 equity token launch. HSBC extended its partnership for ETD clearing. Nasdaq also invests $100m in Kraken's parent company for tokenized equities.

$NDAQHighAI 8/10

Nasdaq OMX Earnings Call Signals Tech-Driven Upside

Nasdaq OMX reported Q3 net revenue of $1.5B, up 14% YoY, with solutions revenue up 18%. EPS rose 19% to $1.04. Growth driven by fintech, AI, and cloud solutions, despite higher expenses. Record index inflows and strong IPO performance highlighted. Operating margins improved to 57%.