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SEC EDGARAUG 281 min read$ICE

Surdykowski Andrew J sold $740K of ICE

Surdykowski Andrew J (General Counsel) sold 4,574 shares of Intercontinental Exchange, Inc. (ICE) at an average of $161.77 ($161.67–$162.38, $0.74M total) across 2 trades on 2026-08-26 under a Rule 10b5-1 trading plan.

Original reporting
SEC EDGAR · Surdykowski Andrew J
Published Aug 28, 2026, 8:30 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Aug 28, 2026, 8:54 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.
About AlphAI AI DeskScoring methodologyReport an issue
AlphAI market briefInsider activity
Primary signal
$ICE
Neutral
high confidence
Mentioned
$ICE
Relevance
4/10
AlphAI data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$ICENeutralLow
01

Why it matters

The transaction represents a routine liquidity event for the insider with minimal market impact.

02

Market read

Low relevance; the filing is a standard disclosure with limited trading implications.

03

What to watch

Potential upcoming regulatory or legal matters not disclosed could motivate the sale.

Relevance 4/10Novelty 4/10Timing: Filed Aug 28, 2026 (transaction dated Aug 26)

Background

Form 4 filings disclose insider transactions; a 10b5-1 plan sale is pre‑arranged and not necessarily indicative of sentiment.

Company-level read

Ticker impact

$ICENeutralHigh confidence
Context

General Counsel Andrew Surdykowski sold 4,574 ICE shares for $739,921 via a 10b5-1 plan, reducing his stake to 43,065 shares.

Expected impact

No material price impact expected.

Evidence & confidence

The sale size (~$0.74M) is small relative to ICE's market cap and typical daily volume.

Market effects

Sector

None; insider sale does not affect the broader exchange services sector.

Regional

No regional impact.

Global

Limited to ICE investors.

Counterpoint

What could challenge this read

If insider selling signals concerns, a short position could be considered, but evidence is weak.

Key entities

  • Company
    Intercontinental Exchange, Inc.

    Operator of exchanges and clearing houses, ticker ICE.

  • Individual
    Andrew J. Surdykowski

    General Counsel and officer of ICE.

Read at source← All news

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.

ICE insider trading history →

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