Nasdaq (NDAQ) EVP granted RSUs, shares withheld to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NASDAQ, INC. executive vice president and chief product officer Bryan Everard Smith received a grant of 7,046 shares of common stock in the form of Restricted Stock Units under the company’s Equity Incentive Plan. The RSUs vest 33% on April 1, 2028, 33% on April 1, 2029, and the remainder on April 1, 2030.
On the same date, 2,149 shares were withheld at $84.89 per share to cover taxes related to a prior equity award. After these transactions, Smith directly holds 75,757 shares or units, including restricted stock, performance stock units and shares purchased through the employee stock purchase plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Smith Bryan Everard
Role
EVP, CPO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 7,046 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.01 per share | 2,149 | $84.89 | $182K |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 77,906 shares (Direct)
Footnotes (1)
- Represents an award of Restricted Stock Units (RSUs) granted pursuant to the Issuer's Equity Incentive Plan. Each unit represents a contingent right to receive one share of the Issuer's Common Stock. The RSUs shall vest with respect to 33% of the RSUs on April 1, 2028, 33% on April 1, 2029, and the remainder on April 1, 2030. Represents shares of Common Stock withheld for taxes in connection with the settlement of an equity award previously granted under the Issuer's Equity Incentive Plan. Represents (i) 25,768 shares or units of restricted stock, of which 3,200 are vested, (ii) 45,366 shares of Common Stock underlying PSUs, 37,340 of which are vested, and (iii) 4,623 shares of Common Stock purchased under the Issuer's Employee Stock Purchase Plan.
Key Figures
RSU award size: 7,046 shares
Tax withholding shares: 2,149 shares
Tax withholding price: $84.89 per share
+4 more
7 metrics
RSU award size
7,046 shares
Restricted Stock Units granted April 1, 2026
Tax withholding shares
2,149 shares
Shares withheld for taxes on equity award
Tax withholding price
$84.89 per share
Value used for shares withheld for taxes
Holdings after transactions
75,757 shares
Total direct holdings following April 1, 2026 transactions
Restricted stock or units
25,768 shares or units
Includes 3,200 vested restricted shares or units
Performance stock units
45,366 shares
Common Stock underlying PSUs, 37,340 vested
ESPP shares
4,623 shares
Shares purchased under Employee Stock Purchase Plan
Key Terms
Restricted Stock Units (RSUs), Equity Incentive Plan, Performance Stock Units (PSUs), Employee Stock Purchase Plan, +1 more
5 terms
Restricted Stock Units (RSUs) financial
"Represents an award of Restricted Stock Units (RSUs) granted pursuant to the Issuer's Equity Incentive Plan."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
Equity Incentive Plan financial
"granted pursuant to the Issuer's Equity Incentive Plan."
An equity incentive plan is a program that gives employees, executives or directors the right to receive company stock or options to buy stock as part of their pay. Think of it as offering slices of future company profit to motivate people to boost long‑term performance; for investors it matters because it can align employee goals with shareholder value but also increases the number of shares outstanding, which can dilute existing ownership.
Performance Stock Units (PSUs) financial
"45,366 shares of Common Stock underlying PSUs, 37,340 of which are vested"
Performance stock units (PSUs) are a form of executive or employee pay that promise company shares only if pre-set performance goals are met over a defined period; think of them as a bonus paid in stock that arrives only when the company hits agreed targets. Investors watch PSUs because they affect the number of shares outstanding (dilution) and reveal how management’s pay is tied to financial or operational results, aligning incentives with shareholder outcomes.
Employee Stock Purchase Plan financial
"4,623 shares of Common Stock purchased under the Issuer's Employee Stock Purchase Plan."
An employee stock purchase plan is a company program that lets workers buy shares through small payroll deductions, often at a discount to the market price and after a set offering period. Think of it like a workplace savings plan that turns into ownership: it encourages employees to share in the company’s success and can create predictable buying or selling of stock that investors watch because it affects supply, demand and employee incentives.
tax-withholding disposition financial
"Represents shares of Common Stock withheld for taxes in connection with the settlement of an equity award"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
FAQ
What stock award did Nasdaq (NDAQ) executive Bryan Smith receive?
Bryan Everard Smith received 7,046 shares of Nasdaq common stock as Restricted Stock Units. The award was granted under Nasdaq’s Equity Incentive Plan and represents a contingent right to receive one share of common stock for each unit, subject to future vesting conditions.
How do Bryan Smith’s new RSUs at Nasdaq (NDAQ) vest over time?
The 7,046 Restricted Stock Units vest in three tranches: 33% on April 1, 2028, another 33% on April 1, 2029, and the remaining balance on April 1, 2030. Vesting requires continued service and follows Nasdaq’s standard long-term incentive schedule.
Are Bryan Smith’s Nasdaq (NDAQ) transactions open-market buys or sells?
No open-market buys or sells are reported. The Form 4 shows an acquisition coded “A” for a stock award under the Equity Incentive Plan and a disposition coded “F” representing shares withheld for tax obligations, both standard compensation-related equity transactions rather than discretionary trading.