Intercontinental Exchange (ICE) President reports 396-share gift and 59,033 total holdings
Rhea-AI Filing Summary
Intercontinental Exchange, Inc. (ICE) filed a Form 4 reporting a charitable stock gift by a senior executive. The reporting person, who serves as President of NYSE Group, made a gift of 396 shares of ICE common stock on 12/04/2025 to a philanthropic organization, with no sale proceeds involved.
Following the transaction, the executive beneficially owns a total of 59,033 equity-linked interests, consisting of 41,698 shares of common stock, 5,834 unvested restricted stock units (RSUs), and 11,501 unvested performance-based restricted stock units (PSUs) whose performance periods have been satisfied. The RSUs and these PSUs vest over three years, with 33.33% vesting each year.
The filing also explains that additional PSU awards tied to total shareholder return and EBITDA for 2023–2025 and 2024–2025, as well as Deal Incentive Awards, will have their ultimate share payouts determined between February 2026 and December 2028, and will be reported at the time of vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 396 | $0.00 | -- |
Footnotes (1)
- This transaction involved a gift of 396 shares of the issuer's common stock by the reporting person to a philanthropic organization. The common stock number referred in Table I is an aggregate number and represents 41,698 shares of common stock, 5,834 unvested restricted stock units ("RSUs"), and 11,501 unvested 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 2023, 2024 and 2025 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 2026, February 2027 and February 2028, respectively, and will be reported at the time of vesting. The satisfaction of the 2024 and 2025 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 and February 2028, 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 report in this Form 4?
The Form 4 reports that the President of NYSE Group, an officer of Intercontinental Exchange, Inc. (ICE), made a gift of 396 shares of ICE common stock on 12/04/2025 to a philanthropic organization.
How do the ICE RSUs and PSUs held by the executive vest?
The RSUs and the performance-based RSUs (PSUs) referenced in the filing vest over a three-year period, with 33.33% of the units vesting each year.
When will PSU awards tied to ICE’s TSR and EBITDA be determined and reported?
The satisfaction of the 2023, 2024 and 2025 three-year total shareholder return (TSR) PSUs, and corresponding share issuance, will be determined in February 2026, February 2027 and February 2028. The 2024 and 2025 three-year EBITDA PSUs will be determined in February 2027 and February 2028. These will be reported at the time of vesting.
What are Deal Incentive Award PSUs mentioned for ICE’s executive?
The filing notes performance-based RSUs granted as Deal Incentive Awards. Their satisfaction and the related share issuance will be determined in December 2026, December 2027 and December 2028, and these awards are also subject to additional time-based vesting conditions and, if applicable, a one-year holding period.