ICE (ICE) CEO Jeffrey Sprecher logs new RSU grant and tax share withholding
Rhea-AI Filing Summary
Intercontinental Exchange CEO Jeffrey C. Sprecher reported equity compensation activity in Intercontinental Exchange, Inc. common stock. On February 10, 2026, 4,049 shares were withheld at $169.48 per share to cover tax obligations tied to previously granted restricted stock units. On the same date, he received a new award of 28,214 restricted stock units that vest in three equal annual installments.
After these transactions, he directly held 1,192,118 shares of common stock, including unvested RSUs and performance-based RSUs. He also indirectly owned 1,801,705 shares through CPEX, in which he holds 100% of the equity interest, and 81,570 shares held by his spouse, for which he disclaims beneficial ownership.
Positive
- None.
Negative
- None.
Insights
Routine CEO equity grants and tax withholding with increased reported holdings.
The filing shows Jeffrey C. Sprecher, CEO of Intercontinental Exchange, Inc., receiving 28,214 restricted stock units that vest over three years, while 4,049 shares were withheld to satisfy tax obligations from earlier vesting. This is typical equity-based compensation structure for senior executives.
The footnotes clarify that the direct holdings figure aggregates common shares, unvested RSUs, and performance-based RSUs with three-year vesting schedules and performance tests tied to TSR and EBITDA. Additional indirect ownership arises from 1,801,705 shares held via CPEX and 81,570 shares held by his spouse, which he disclaims beneficial ownership of. These details mainly update ownership records; actual impact depends on future vesting outcomes and any subsequent transactions disclosed in later periods.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 4,049 | $169.48 | $686K |
| Grant/Award | Common Stock | 28,214 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- Represents shares of restricted stock units issued to the filing person on February 10, 2025. The restricted stock units vest over three years (1/3 on February 10, 2026, 1/3 on February 10, 2027 and 1/3 on February 10, 2028). Of the 26,702 shares, 8,900 shares were issued on February 10, 2026, of which 4,049 shares were withheld to satisfy payment of the Issuer's tax withholding obligation. The remaining 17,802 shares are scheduled to be issued on the two remaining vesting dates and taxes for these future issuances will be withheld and reported at the time the shares are issued. Represents restricted stock units issued to the filing person on February 10, 2026. This award of restricted stock units vests over three years (1/3 on each anniversary of the award date). The common stock number referred in Table I is an aggregate number and represents 1,089,075 shares of common stock and 46,016 unvested restricted stock units ("RSUs"), and 57,027 performance based restricted stock units ("PSUs"), for which the performance period has been satisfied. The RSUs and PSUs vest over a three-year period, in which 33.33% of the units vest each year. The satisfaction of the 2024, 2025 and 2026 TSR PSUs and the corresponding number of shares to be issued pursuant to these awards, will not be determined until February 2027, February 2028 and February 2029, respectively, and will be reported at the time of vesting. The satisfaction of the 2024, 2025 and 2026 three-year earnings before interest, taxes, depreciation, and amortization ("EBITDA") PSUs and the corresponding number of shares to be issued pursuant to these awards, will not be determined until February 2027, February 2028 and February 2029, respectively, and will be reported at the time of vesting. The satisfaction of the performance based restricted stock units granted as Deal Incentive Awards and the corresponding number of shares to be issued pursuant to these awards, will not be determined until December 2026, December 2027 and December 2028 and will be subject to additional time-based vesting conditions and, if applicable, a subsequent one-year holding period. As previously reported, the reporting person also indirectly owns 1,801,705 shares that are beneficially owned directly by CPEX. The reporting person beneficially owns 100% of the equity interest in CPEX. Additionally, as previously reported, the reporting person indirectly owns shares that are beneficially owned directly by the reporting person's spouse for which the reporting person disclaims beneficial ownership. As previously reported, the reporting person also indirectly owns 81,570 shares that are beneficially owned directly by the reporting person's spouse for which the reporting person disclaims beneficial ownership.
FAQ
What insider transactions did ICE CEO Jeffrey C. Sprecher report on February 10, 2026?
What restricted stock unit awards did Jeffrey C. Sprecher report receiving from Intercontinental Exchange (ICE)?
How were taxes handled on Jeffrey C. Sprecher’s previously granted ICE restricted stock units?
Do Jeffrey C. Sprecher’s performance-based ICE awards have future vesting and measurement dates?