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 2026-10-20 under a Rule 10b5-1 trading plan.

Original reporting
SEC EDGAR · SKULE JEREMY
Published Oct 22, 2026, 8:05 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Oct 22, 2026, 8:07 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
medium 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 transaction is small relative to the company's market cap and likely has minimal impact on the stock price.

02

Market read

A modest insider sale with limited market impact; no actionable trading signal.

03

What to watch

No other executives have disclosed sales; the transaction is pre‑arranged under a 10b5‑1 plan.

Relevance 3/10Novelty 3/10Timing: same-day filing

Background

SEC Form 4 filings disclose insider transactions; a sale by a senior executive is routinely reported.

Company-level read

Ticker impact

$NDAQNeutralMedium confidence
Context

Form 4 shows EVP Jeremy Skule sold 1,125 shares for $106,875, reducing his stake to 96,561 shares.

Expected impact

likely slight pressure as the market prices in the insider sale.

Evidence & confidence

The sale amount is modest ($107K) and does not represent a material change in ownership.

Market effects

None

None

None

Counterpoint

The sale could be a routine portfolio rebalancing and not indicative of negative sentiment.

Key entities

  • NASDAQ, Inc.

    Operator of the Nasdaq stock exchange.

  • 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.

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