Intercontinental Exchange (NYSE: ICE) SVP sells 1,600 shares in plan trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Intercontinental Exchange SVP Douglas Foley reported an open-market sale of 1,600 shares of common stock at $164.96 per share. The trade was executed under a pre-approved Rule 10b5-1 trading plan that became effective on November 7, 2025.
After the sale, Foley holds 26,262 equity-based interests, consisting of 21,831 shares of common stock, 3,472 unvested restricted stock units (RSUs), and 959 performance-based restricted stock units (PSUs) for which the performance period has been satisfied. The RSUs and these PSUs vest over three years, with 33.33% vesting each year.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,600 shares ($263,936)
Net Sell
1 txn
Insider
Foley Douglas
Role
SVP, HR & Administration
Sold
1,600 shs ($264K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,600 | $164.96 | $264K |
Holdings After Transaction:
Common Stock — 26,262 shares (Direct)
Footnotes (1)
- This transaction was effected pursuant to a Rule 10b5-1 trading plan which was approved and became effective as of November 7, 2025. The common stock number referred in Table I is an aggregate number and represents 21,831 shares of common stock and 3,472 unvested restricted stock units ("RSUs"), and 959 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 three-year total shareholder return (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 year-three 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.
FAQ
What insider transaction did ICE executive Douglas Foley report?
Douglas Foley reported selling 1,600 shares of Intercontinental Exchange common stock in an open-market transaction at $164.96 per share. Following the sale, he continues to hold 26,262 equity interests, including common shares, unvested RSUs, and performance-based RSUs tied to prior performance periods.
Was Douglas Foley’s ICE stock sale part of a Rule 10b5-1 plan?
Yes. The 1,600-share sale was executed under a Rule 10b5-1 trading plan that was approved and became effective November 7, 2025. Such plans pre-schedule trades, which can make the timing more routine and less indicative of short-term views on Intercontinental Exchange’s stock.
How do Douglas Foley’s ICE RSUs and PSUs vest over time?
Foley’s RSUs and the PSUs referenced in this filing vest over a three-year period, with 33.33% of the units vesting each year. Additional PSUs tied to total shareholder return and EBITDA will have outcomes determined between February 2027 and February 2029, at which point shares are reported.