ICE (NYSE: ICE) president exercises stock options for 2,724 shares
Rhea-AI Filing Summary
Intercontinental Exchange, Inc. President Benjamin Jackson exercised employee stock options to acquire 2,724 shares of common stock on March 10, 2026. The options had exercise prices of $92.63, $114.19 and $129.76 per share, and were reported as fully vested awards.
Following these transactions, Jackson directly holds an aggregate 164,163 ICE equity interests, consisting of 142,164 shares of common stock, 17,204 unvested restricted stock units and 4,795 performance-based restricted stock units for which the performance period has been satisfied. The RSUs and PSUs generally vest over a three-year period in equal annual installments.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Employee Stock Option (right to buy) Holding | 1,079 | $0.00 | -- |
| Exercise | Employee Stock Option (right to buy) Holding | 875 | $0.00 | -- |
| Exercise | Employee Stock Option (right to buy) Holding | 770 | $0.00 | -- |
| Exercise | Common Stock | 1,079 | $92.63 | $100K |
| Exercise | Common Stock | 875 | $114.19 | $100K |
| Exercise | Common Stock | 770 | $129.76 | $100K |
Footnotes (1)
- The common stock number referred in Table I is an aggregate number and represents 142,164 shares of common stock and 17,204 unvested restricted stock units ("RSUs"), and 4,795 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. These options are fully vested.
FAQ
What did ICE President Benjamin Jackson report in this Form 4?
Benjamin Jackson reported exercising employee stock options to acquire 2,724 shares of Intercontinental Exchange common stock. All transactions occurred on March 10, 2026 and were coded as option exercises, with no open-market purchases or sales disclosed in this filing.
What are Benjamin Jackson’s ICE holdings after these transactions?
After the reported option exercises, Benjamin Jackson directly holds an aggregate 164,163 ICE equity interests, including 142,164 common shares, 17,204 unvested RSUs and 4,795 PSUs. The RSUs and PSUs are subject to multi-year vesting based on time and performance conditions.
Were there any open-market sales or purchases by Benjamin Jackson in this filing?
No open-market sales or purchases are reported; all entries are coded as option exercises (M). The filing shows derivative exercises converting options into common stock, with no separate sale transactions or tax-withholding dispositions disclosed for the March 10, 2026 activity.
How do ICE performance-based and time-based awards factor into Jackson’s position?
Jackson’s aggregate position includes 17,204 unvested RSUs and 4,795 PSUs. These awards generally vest over three years, with 33.33% vesting annually, and some performance-based units tied to multi-year TSR and EBITDA goals determined in future periods.