SKULE JEREMY sold $106K of NDAQ

SKULE JEREMY (EVP, CSO) sold 1,125 shares of NASDAQ, INC. (NDAQ) at $94.13 ($0.11M total) on 2026-10-12 under a Rule 10b5-1 trading plan.

Original reporting
SEC EDGAR · SKULE JEREMY
Published Oct 14, 2026, 8:05 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Oct 14, 2026, 8:08 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 sale is small and routine, offering limited trading insight.

02

Market read

Minor insider sale with negligible impact on Nasdaq's stock price.

03

What to watch

Potential upcoming corporate actions or compensation plans not disclosed.

Relevance 3/10Novelty 3/10Timing: after-hours filing

Background

Form 4 filings disclose insider transactions and are monitored for material changes in ownership.

Company-level read

Ticker impact

$NDAQNeutralHigh confidence
Context

Executive officer Jeremy Skule sold 1,125 shares of Nasdaq for $105,896, reducing his holdings to 97,686 shares under a 10b5-1 plan.

Expected impact

likely minimal pressure as the market may view the sale as routine.

Evidence & confidence

Sale amount is under $0.2M and represents a small fraction of total holdings; no unusual circumstances indicated.

Market effects

None

None

None

Counterpoint

The sale could be a signal of insider confidence if the remaining stake is still large.

Key entities

  • Nasdaq, Inc.

    US-listed exchange operator (ticker NDAQ).

  • Jeremy Skule

    Executive Vice President, Chief Strategy Officer at Nasdaq.

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%.