greeksoup/ stock research

Nasdaq, Inc. insider trading

In twelve months insiders at Nasdaq bought $21.7M and sold $89.7M on the open market; 16 of the 34 sales were under plans set months before.

Bought on the open market$21.7M3 purchases
Sold on the open market$89.7M34 sales
Sales set in advance16 of 34under Rule 10b5-1 plans
Pay taken in stockNone
New to this? How to read this page
  1. Insiders are the people who run the company: officers, directors and owners of 10% or more. They must report a trade on Form 4 within two business days.
  2. A purchase on the open market is the strongest sign: the insider spent their own money.
  3. A sale under a trading plan (Rule 10b5-1) says little: its dates were fixed months before. Sales outside a plan say more, but insiders sell for many reasons, such as taxes or a house.
  4. Grants, option exercises and shares held back for tax are left out.
  5. What is a Form 4? · Form 4 codes

What kind of trades

3 purchases worth $21.7M against 34 sales worth $89.7M; 16 of the sales were under plans set months before.

Purchasebought with their own money
Pay in stock, own choiceowed cash, chose shares
Sale outside a planthe insider picked the day
Sale under a plandates fixed months before
Says littlecompany plans, board pay, cash units
Bought
3 open market
Sold
18 outside a plan16 under a plan

Every Form 4 line of the last twelve months, counted by kind. The grades come from the filing itself: whether the insider paid cash, whether a plan set the date, whether pay was taken in stock by choice.

Insider trades on the share price

last twelve months

36 marks over twelve months, each in its grade: solid for the stronger signs, hollow or grey for the ones that say little.

PurchasePay in stock, own choiceSale outside a planSale under a planSays little

The blue line is the daily close over twelve months. Each mark is one insider's trades on one day, on that day's price, sized by dollar value. Solid marks are the stronger signs; hollow and grey marks say little. Hover or tap a mark for who, how much and why.

Trades worth a closer look

A purchase stands out when two or more of these hold: a senior insider, several insiders buying within 90 days, a fall of 10% or more in the three months before, or over $1 million. A sale outside a plan is judged the same way. These are the Feed's rules.

Who traded

dollars, twelve months

10 insiders traded. The most: Friedman Adena T, sale under a plan $76.1M.

One row per insider, sold to the left and bought to the right, split by grade: the paler part of a bar is the part that says little.

How it compares

every company on the site

Open-market sales, twelve months

Open-market purchases, twelve months

    The bar ranks every company on the site from the lowest on the left to the highest on the right, in three equal thirds; the small figures under it are the values where each third starts, and the black tick is the middle company. The orange dot is this company; the grey ticks are the other companies in its industry (hover or tap for names). A hatched block is companies tied at none.

    Every Form 4 line

    Purchase: bought on the open market with their own moneyTook pay in stock, own choice: owed cash, chose shares instead; a softer signSale: sold on the open market, not under a plan set in advanceSale, trading plan: under a Rule 10b5-1 plan set up months before, so the date was fixed in advanceGrey lines: plan purchases, pay in stock taken by the whole board or under a company plan, and units paid in cash; they say little about the insider's own view
    TradedInsiderRoleTypeSharesPriceValueFiling
    4 November 2026Tal CohenPres. Market PlatformsSaleafter a 16% rise over three months · at its one-year high · Form 144 notice 4 November 20262,286$109.40$250,088Form 4
    4 November 2026Peterson Bradley JEVP, CIOSaleafter a 16% rise over three months · at its one-year high · Form 144 notice 4 November 20265,000$107.75$538,750Form 4
    3 November 2026Tal CohenPres. Market PlatformsSaleafter a 14% rise over three months · at its one-year high · Form 144 notice 4 November 20262,289$108.05$247,326Form 4
    27 October 2026Peterson Bradley JEVP, CIOSaleafter a 9% rise over three months · at its one-year high · Form 144 notice 27 October 20263,987$104.75$417,638Form 4
    23 October 2026Tal CohenPres. Market PlatformsSaleafter a 11% rise over three months · at its one-year high · Form 144 notice 23 October 202610,390$103.34$1.1 millionForm 4
    23 October 2026Peterson Bradley JEVP, CIOSaleafter a 11% rise over three months · at its one-year high · Form 144 notice 23 October 20264,000$103.38$413,520Form 4
    20 October 2026Skule JeremyEVP, CSOSaletrading plan set in advance · Form 144 notice 20 October 20261,125$95.00$106,875Form 4
    12 October 2026Skule JeremyEVP, CSOSaletrading plan set in advance · Form 144 notice 13 October 20261,125$94.13$105,896Form 4
    22 September 2026Skule JeremyEVP, CSOSaletrading plan set in advance · Form 144 notice 22 September 20261,125$95.00$106,875Form 4
    10 September 2026Skule JeremyEVP, CSOSaletrading plan set in advance · Form 144 notice 10 September 20261,125$94.22$105,998Form 4
    10 August 2026Skule JeremyEVP, CSOSaletrading plan set in advance · Form 144 notice 10 August 20262,250$94.75$213,188Form 4
    10 August 2026Griggs Pc NelsonPres. Capital Access PlatformsSaleafter a 8% rise over three months · 5% below its one-year high3,226$96.16$310,212Form 4
    7 August 2026Peterson Bradley JEVP, CIOSaleafter a 6% rise over three months · 6% below its one-year high · Form 144 notice 7 August 20266,000$95.55$573,300Form 4
    3 August 2026Smith Bryan EverardEVP, CPOSaletrading plan set in advance · Form 144 notice 3 August 20261,556$95.07$147,929Form 4
    29 July 2026Griggs Pc NelsonPres. Capital Access PlatformsSaleafter a 5% rise over three months · 5% below its one-year high11,010$96.35$1.1 millionForm 4
    27 July 2026Griggs Pc NelsonPres. Capital Access PlatformsSaleafter a 4% rise over three months · 7% below its one-year high11,010$93.96$1.0 millionForm 4
    24 July 2026Peterson Bradley JEVP, CIOSaleafter a 2% rise over three months · 9% below its one-year high · Form 144 notice 24 July 202613,000$92.61$1.2 millionForm 4
    24 July 2026Griggs Pc NelsonPres. Capital Access PlatformsSaleafter a 2% rise over three months · 9% below its one-year high6,777$92.53$627,076Form 4
    1 July 2026Smith Bryan EverardEVP, CPOSaletrading plan set in advance · Form 144 notice 1 July 20263,000$80.00$240,000Form 4
    11 June 2026Investor Ab, see Footnotes10% ownerPurchaseafter a 3% rise over three months · 14% below its one-year high56,782$85.98$4.9 millionForm 4
    11 June 2026Smith Bryan EverardEVP, CPOSaletrading plan set in advance · Form 144 notice 11 June 20263,000$86.91$260,730Form 4
    18 May 2026Griggs Pc NelsonPres. Capital Access PlatformsSaleafter a 17% rise over three months · 8% below its one-year high5,093$92.62$471,714Form 4
    28 April 2026Peterson Bradley JEVP, CIOSaleafter a 7% fall over three months · 10% below its one-year high · Form 144 notice 28 April 20267,710$90.82$700,222Form 4
    27 April 2026Tal CohenPres. Market PlatformsSaleafter a 9% fall over three months · 10% below its one-year high · Form 144 notice 27 April 202615,518$90.75$1.4 millionForm 4
    24 April 2026Daly Michelle LynnSVP, Controller & PAOSaleafter a 8% fall over three months · 11% below its one-year high · Form 144 notice 24 April 20261,194$88.82$106,051Form 4
    24 April 2026Daly Michelle LynnSVP, Controller & PAOSaleafter a 8% fall over three months · 11% below its one-year high · Form 144 notice 24 April 2026129$88.85$11,462Form 4
    1 April 2026Friedman Adena TChair and CEOSaletrading plan set in advance · Form 144 notice 2 January 2026113,611$85.44$9.7 millionForm 4
    6 March 2026Friedman Adena TChair and CEOSaletrading plan set in advance · Form 144 notice 2 January 202692,840$90.08$8.4 millionForm 4
    2 March 2026Smith Bryan EverardEVP, CPOSaletrading plan set in advance · Form 144 notice 2 March 20266,000$87.24$523,440Form 4
    19 February 2026Daly Michelle LynnSVP, Controller & PAOSaleafter a 6% fall over three months · 19% below its one-year high · Form 144 notice 19 February 20264,339$81.34$352,934Form 4
    17 February 2026Torgeby JohanDirectorPurchaseafter a 6% fall over three months · 21% below its one-year high12,000$79.86$958,320Form 4
    13 February 2026Investor Ab, see Footnotes10% ownerPurchaseafter a 9% fall over three months · 21% below its one-year high200,000$79.18$15.8 millionForm 4
    2 February 2026Friedman Adena TChair and CEOSaletrading plan set in advance · Form 144 notice 2 January 2026300,000$96.91$29.1 millionForm 4
    6 January 2026Zecca JohnEVP, Global CLOSaletrading plan set in advance · Form 144 notice 6 January 20264,500$100.01$450,045Form 4
    2 January 2026Friedman Adena TChair and CEOSaletrading plan set in advance · Form 144 notice 2 January 2026300,000$96.39$28.9 millionForm 4
    1 December 2025Smith Bryan EverardEVP, CPOSaletrading plan set in advance · Form 144 notice 1 December 20254,633$90.57$419,611Form 4
    1 December 2025Skule JeremyEVP, CSOSaletrading plan set in advance · Form 144 notice 1 December 20252,105$90.57$190,650Form 4
    A filing with several lines appears once per line.
    Read morePay taken in stock by the insider's own choice has the filing's footnote, word for word, in the note under it; for the others, hold the pointer on the type. An award filed at no price shows n/a.