Director Sharon Bowen sells 667 ICE shares under 10b5-1 plan (ICE)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Intercontinental Exchange, Inc. director Sharon Bowen reported an open-market sale of 667 shares of common stock at $151.28 per share. After the transaction, she directly held 15,077 shares, which the filing explains includes 13,539 common shares and 1,538 restricted stock units.
The sale was executed under a pre-approved Rule 10b5-1 trading plan that became effective on February 17, 2026. The restricted stock units are scheduled to vest on the one-year anniversary of their grant date, on May 18, 2027, indicating that a portion of the reported position reflects unvested equity awards rather than currently available shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 667 shares ($100,904)
Net Sell
1 txn
Insider
Bowen Sharon
Role
null
Sold
667 shs ($101K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 667 | $151.28 | $101K |
Holdings After Transaction:
Common Stock — 15,077 shares (Direct, null)
Footnotes (1)
- This transaction was effected pursuant to a Rule 10b5-1 trading plan which was approved and became effective as of February 17, 2026. The common stock number referred in Table 1 is an aggregate number and represents 13,539 shares of common stock and 1,538 restricted stock units of the Issuer. The restricted stock units vest on the one-year anniversary of the grant date, which is May 18, 2027.
Key Figures
Shares sold: 667 shares
Sale price per share: $151.28 per share
Shares owned after transaction: 15,077 shares
+3 more
6 metrics
Shares sold
667 shares
Open-market sale of common stock on May 22, 2026
Sale price per share
$151.28 per share
Price for the 667 ICE common shares sold
Shares owned after transaction
15,077 shares
Direct holdings following the reported sale
Common shares component
13,539 shares
Portion of total holdings classified as common stock
Restricted stock units
1,538 RSUs
Unvested units included in total, vesting May 18, 2027
10b5-1 plan effective date
February 17, 2026
Date the pre-arranged trading plan became effective
Key Terms
Rule 10b5-1 trading plan, restricted stock units, Common Stock
3 terms
Rule 10b5-1 trading plan regulatory
"This transaction was effected pursuant to a Rule 10b5-1 trading plan which was approved and became effective as of February 17, 2026."
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
restricted stock units financial
"represents 13,539 shares of common stock and 1,538 restricted stock units of the Issuer."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Sharon Bowen report at Intercontinental Exchange (ICE)?
Sharon Bowen reported selling 667 shares of Intercontinental Exchange common stock in an open-market transaction at $151.28 per share. Following the sale, she directly owned 15,077 shares, including both common shares and restricted stock units, according to the Form 4 filing.
Was Sharon Bowen’s sale of ICE stock under a Rule 10b5-1 trading plan?
Yes. The Form 4 notes the 667-share sale was effected under a Rule 10b5-1 trading plan. That plan was approved and became effective on February 17, 2026, indicating the transaction was pre-arranged rather than initiated on a discretionary basis.
How are restricted stock units reflected in Sharon Bowen’s ICE holdings?
The filing explains that the 15,077 total reported shares include 1,538 restricted stock units. These units are scheduled to vest on May 18, 2027, one year after the grant date, meaning part of her reported position consists of unvested awards that settle in shares later.
What role does Sharon Bowen hold at Intercontinental Exchange (ICE)?
Sharon Bowen is identified in the Form 4 as a director of Intercontinental Exchange. The filing flags her as a board member, not an officer or 10% owner, and reports this transaction in her capacity as an insider subject to Section 16 reporting requirements.