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SEC EDGARSEP 241 min read$NDAQ

SKULE JEREMY sold $107K of NDAQ

SKULE JEREMY (EVP, CSO) sold 1,125 shares of NASDAQ, INC. (NDAQ) at $95.00 ($0.11M total) on 2026-09-22 under a Rule 10b5-1 trading plan.

Original reporting
SEC EDGAR · SKULE JEREMY
Published Sep 24, 2026, 8:00 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Sep 24, 2026, 8:18 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
$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 sale is unlikely to move Nasdaq's stock price given its modest size and pre‑arranged nature.

02

Market read

Provides a factual update on insider holdings; limited trading relevance.

03

What to watch

Potential tax planning or portfolio rebalancing motives behind the 10b5‑1 sale.

Relevance 3/10Novelty 4/10Timing: filed post‑market on 2026‑09‑24

Background

Form 4 filings disclose insider transactions; a 10b5‑1 plan indicates a pre‑scheduled sale.

Company-level read

Ticker impact

$NDAQNeutralHigh confidence
Context

EVP and CSO Jeremy Skule sold 1,125 shares of Nasdaq for $106,875 via a 10b5-1 plan.

Expected impact

No material move expected.

Evidence & confidence

The transaction size is small relative to market cap and was pre‑arranged, so market participants are unlikely to react.

Market effects

Sector

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

Regional

None; the filing is specific to Nasdaq, a US exchange.

Global

Minimal; only relevant to Nasdaq shareholders.

Counterpoint

What could challenge this read

Some traders view insider sells as a bearish signal, but the pre‑arranged plan and small size diminish significance.

Key entities

  • Officer
    Jeremy Skule

    Executive Vice President and Chief Strategy Officer of Nasdaq, Inc.

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.

NDAQ insider trading history →

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