ICE insider ownership: who sold, why, and what they still hold

Who	Shares	Price	% of total stake	Total stake after	Trade date	Filed
Douglas Foley SVP, HR & Administration	1,600	$160.00	9.3%	16K	Sep 14, 2026	Sep 16, 2026

What stands out

Six insiders sold more than 25% of vested holdings: Mayur Kapani (45% of holdings, $4.5M, all under a disclosed plan), Lynn Martin (49% of holdings, $4.3M, all under a disclosed plan) and Andrew Surdykowski (38% of holdings, $2.8M, all under a disclosed plan), plus 3 more.Mayur Kapani: largest sale, Feb 18, 2026 · Lynn Martin: largest sale, Jul 16, 2026 · Andrew Surdykowski: largest sale, Aug 26, 2026

Four insiders sold shares but ended with larger stakes, because more shares came in than were sold: Benjamin Jackson (sold 33K, 22% of starting holdings; 68K added), Martha Tirinnanzi (sold 1.5K, 42% of starting holdings; 1.7K added) and William Hague (sold 1.4K, 7.1% of starting holdings; 1.5K added), plus 1 more.Benjamin Jackson: largest sale, Feb 10, 2026 · Martha Tirinnanzi: largest sale, Aug 26, 2026 · William Hague: largest sale, Jun 12, 2026

Percentages cover 20 of 22 officers and directors. Left out: Christopher Edmonds (most of their shares vested during the period, so a percentage would mislead); Daniel Pinto (held no vested shares at the start). Disclosed company stock is not an insider's whole wealth.

Who sold, and how much of their stake

Officers and directors, past 12 months. Each bar is the insider's vested stake at the start of the period (Oct 8, 2025). The gold part is what they sold.

SoldRest of starting stakeAdded during the period

Jeffrey Sprecher

Chief Executive Officer, Director

13% · $66.4MDisclosed plan

Benjamin Jackson

President

Sold 22%, but 28K shares were added (mostly vesting), so the stake grew

22% · $5.4MDisclosed plan

Mayur Kapani

Chief Technology Officer

Sold 45%, but 22K shares were added (mostly vesting), so the stake grew

45% · $4.5MDisclosed plan

Lynn Martin

President, NYSE Group

49% · $4.3MDisclosed plan

Andrew Surdykowski

General Counsel

38% · $2.8MDisclosed plan

All 12 sellers

Selling by month

Officers and directors, Oct 2025 to Oct 2026. Each sale is counted once: under a disclosed plan, else to cover taxes, else no plan disclosed.

Disclosed planTo cover taxesNo plan disclosed

Common questions

Is the Intercontinental Exchange CEO selling stock?

Yes. Jeffrey Sprecher sold 430K shares ($66.4M, 13% of starting holdings) in the past 12 months, all of it under a trading plan disclosed in the filings.

Why are Intercontinental Exchange insiders selling?

Filings rarely give a reason, and we don't guess at one. What they show is how the sales were made: 99% of sales by value ran under 10b5-1 trading plans disclosed in the filings and 1% had no disclosed plan. A trading plan schedules sales in advance.

Are any Intercontinental Exchange insiders buying?

No. Officers and directors reported no purchases in the past 12 months.

How much of their stake did Intercontinental Exchange insiders sell?

About 15% overall. As a group they still hold 91% of their starting shares. That covers the 12 months to Oct 8, 2026 and counts vested shares reported on SEC Forms 3, 4 and 5, which is not an insider's whole wealth.

The evidence

Who sold12 officers and directors: amount, % of holdings, trading plan

Who sold	Amount	% of holdings	Trading plan
Jeffrey Sprecher Chief Executive Officer, Director	$66.4M 430K shares	13%	Disclosed plan
Benjamin Jackson President	$5.4M 33K shares	22%	Disclosed plan
Mayur Kapani Chief Technology Officer	$4.5M 29K shares	45%	Disclosed plan
Lynn Martin President, NYSE Group	$4.3M 29K shares	49%	Disclosed plan
Andrew Surdykowski General Counsel	$2.8M 18K shares	38%	Disclosed plan
Christopher Edmonds President, Fixed Income & Data	$2.5M 16K shares	54%† i † Most of the shares Christopher Edmonds sold arrived during the period, so this is shares sold as a share of the 16K held at the start plus the 25K received, less 10K withheld by the company for taxes.	Disclosed plan
Douglas Foley SVP, HR & Administration	$2.1M 14K shares	53%	49% under a disclosed plan
Warren Gardiner Chief Financial Officer	$1.4M 9K shares	41%	Disclosed plan
Judith Sprieser Director	$1.4M 8.4K shares	46%	Disclosed plan
Martha Tirinnanzi Director	$238K 1.5K shares	42%	Disclosed plan
William Hague Director	$199K 1.4K shares	7.1%	Disclosed plan
Sharon Bowen Director	$101K 667 shares	4.7%	Disclosed plan

The full ownership picture22 of 22 insiders fully reconciled · 22 officers and directors

Vested shares across all share classes, held directly and through trusts, LLCs and family members, as reported on SEC Forms 3, 4 and 5. Unvested awards and options are never counted as owned shares.

Insider

Held Oct 8, 2025

Sold

Held Oct 8, 2026

Still held

Jeffrey Sprecher

Minor difference of 68 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer). Includes unvested RSUs, amount not disclosed.

Chief Executive Officer, Director

3.20M

−430K

2.83M

88%

Vesting, gifts, unvested awards and holding lines for Jeffrey Sprecher

+52Kshares vested or exercised

−46Kgifted (net of own trusts)

−65Kwithheld by the company for taxes

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock	1,162,991	1,094,923
Continental Power Exchange, Inc	Common Stock	1,951,705	1,651,705
Spouse	Common Stock	81,570	81,570

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
101,533	$67.00	Feb 8, 2028	$9.4M
137,845	$76.16	Feb 8, 2029	$11.6M
79,203	$135.46	Feb 12, 2034	$1.9M

Estimate: options held × ($160.00 − strike price), using the most recent insider trade price on Form 4 (Sep 14, 2026), not a market close.

Reconciliation: minor difference of 68 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Benjamin Jackson

Minor difference of 252 shares. Difference is under 0.5% of holdings. Includes unvested RSUs, amount not disclosed.

President

150K

−33K

164K

+9.5%

Vesting, gifts, unvested awards and holding lines for Benjamin Jackson

+28Kshares vested or exercised

0gifted (net of own trusts)

−20Kwithheld by the company for taxes

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock	150,079	164,264

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
37,849	$67.00	Feb 8, 2028	$3.5M
34,285	$76.16	Feb 8, 2029	$2.9M
31,947	$92.63	Feb 7, 2030	$2.2M
32,159	$114.19	Feb 5, 2031	$1.5M
25,839	$129.76	Feb 4, 2032	$781K
26,622	$135.46	Feb 12, 2034	$653K

Estimate: options held × ($160.00 − strike price), using the most recent insider trade price on Form 4 (Sep 14, 2026), not a market close.

Reconciliation: minor difference of 252 shares. Difference is under 0.5% of holdings.

Mayur Kapani

Minor difference of 160 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer). Includes unvested RSUs, amount not disclosed.

Chief Technology Officer

65K

−29K

68K

+4.2%

Vesting, gifts, unvested awards and holding lines for Mayur Kapani

+22Kshares vested or exercised

0gifted (net of own trusts)

−9Kwithheld by the company for taxes

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock	65,240	67,988

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
5,764	$67.00	Feb 8, 2028	$536K
12,778	$135.46	Feb 12, 2034	$314K

Estimate: options held × ($160.00 − strike price), using the most recent insider trade price on Form 4 (Sep 14, 2026), not a market close.

Reconciliation: minor difference of 160 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Lynn Martin

Minor difference of 169 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer). Includes unvested RSUs, amount not disclosed.

President, NYSE Group

59K

−29K

54K

92%

Vesting, gifts, unvested awards and holding lines for Lynn Martin

+16Kshares vested or exercised

−764gifted (net of own trusts)

−14Kwithheld by the company for taxes

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock	59,429	54,420

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
17,304	$135.46	Feb 12, 2034	$425K

Estimate: options held × ($160.00 − strike price), using the most recent insider trade price on Form 4 (Sep 14, 2026), not a market close.

Reconciliation: minor difference of 169 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Andrew Surdykowski

Minor difference of 169 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer). Includes unvested RSUs, amount not disclosed.

General Counsel

46K

−18K

43K

93%

Vesting, gifts, unvested awards and holding lines for Andrew Surdykowski

+8Kshares vested or exercised

−200gifted (net of own trusts)

−6.6Kwithheld by the company for taxes

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock	46,293	43,065

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
2,064	$57.31	Jan 18, 2027	$212K
7,791	$67.00	Feb 8, 2028	$725K
7,986	$135.46	Feb 12, 2034	$196K

Estimate: options held × ($160.00 − strike price), using the most recent insider trade price on Form 4 (Sep 14, 2026), not a market close.

Reconciliation: minor difference of 169 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Elizabeth King

Minor difference of 151 shares. Difference is under 0.5% of holdings. Includes unvested RSUs, amount not disclosed.

Global Head of Clearing & CRO

36K

43K

no sales

Vesting, gifts, unvested awards and holding lines for Elizabeth King

0shares vested or exercised

0gifted (net of own trusts)

−5.9Kwithheld by the company for taxes

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct	Common Stock	19,159	19,159
Direct includes unvested RSUs, amount not disclosed	Common Stock Holding	16,407	23,653

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
11,011	$114.19	Feb 5, 2031	$504K
10,643	$129.76	Feb 4, 2032	$322K
10,954	$107.66	Feb 3, 2033	$573K
7,986	$135.46	Feb 12, 2034	$196K

Estimate: options held × ($160.00 − strike price), using the most recent insider trade price on Form 4 (Sep 14, 2026), not a market close.

Reconciliation: minor difference of 151 shares. Difference is under 0.5% of holdings.

Douglas Foley

Minor difference of 169 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer). Includes unvested RSUs, amount not disclosed.

SVP, HR & Administration

26K

−14K

16K

61%

Vesting, gifts, unvested awards and holding lines for Douglas Foley

0shares vested or exercised

0gifted (net of own trusts)

−3.4Kwithheld by the company for taxes

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock	25,796	15,863

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
5,324	$135.46	Feb 12, 2034	$131K

Estimate: options held × ($160.00 − strike price), using the most recent insider trade price on Form 4 (Sep 14, 2026), not a market close.

Reconciliation: minor difference of 169 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Warren Gardiner

Includes unvested RSUs, amount not disclosed.

Chief Financial Officer

22K

−9K

23K

+2.7%

Vesting, gifts, unvested awards and holding lines for Warren Gardiner

0shares vested or exercised

0gifted (net of own trusts)

−8.1Kwithheld by the company for taxes

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock	22,106	22,698

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
11,980	$135.46	Feb 12, 2034	$294K

Estimate: options held × ($160.00 − strike price), using the most recent insider trade price on Form 4 (Sep 14, 2026), not a market close.

Thomas Noonan

Includes unvested RSUs, amount not disclosed.

Director

21K

23K

no sales

Vesting, gifts, unvested awards and holding lines for Thomas Noonan

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock	21,429	22,967

William Hague

Includes unvested RSUs, amount not disclosed.

Director

20K

−1.4K

20K

+0.3%

Vesting, gifts, unvested awards and holding lines for William Hague

0shares vested or exercised

0gifted (net of own trusts)

−50withheld by the company for taxes

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock	20,068	20,132

Judith Sprieser

Includes unvested RSUs, amount not disclosed. Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.

Director

18K

−8.4K

9.7K

54%

Vesting, gifts, unvested awards and holding lines for Judith Sprieser

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.
Additional holdings last reported more than 3 years ago are shown separately and excluded from totals.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock	18,169	9,747

Additional holdings last reported Nov 13, 2013, not confirmed since: 4,540 shares. Not included in any total or percentage on this page.

Direct, Deferred Compensation: 4,540 shares, last reported Nov 13, 2013

Stuart Williams

Minor difference of 68 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer). Includes unvested RSUs, amount not disclosed.

Chief Operating Officer

17K

25K

no sales

Vesting, gifts, unvested awards and holding lines for Stuart Williams

0shares vested or exercised

0gifted (net of own trusts)

−6.6Kwithheld by the company for taxes

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock	16,624	25,344

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
7,986	$135.46	Feb 12, 2034	$196K

Estimate: options held × ($160.00 − strike price), using the most recent insider trade price on Form 4 (Sep 14, 2026), not a market close.

Reconciliation: minor difference of 68 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Christopher Edmonds

Minor difference of 252 shares. Small increase from an employee stock purchase plan. Includes unvested RSUs, amount not disclosed. Small increase from an employee stock purchase plan.

President, Fixed Income & Data

16K

−16K

14K

not meaningful

Vesting, gifts, unvested awards and holding lines for Christopher Edmonds

+5Kshares vested or exercised

0gifted (net of own trusts)

−10Kwithheld by the company for taxes

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.
Small increase from an employee stock purchase plan. Filing

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock	15,658	14,367

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
5,692	$67.00	Feb 8, 2028	$529K
13,311	$135.46	Feb 12, 2034	$327K

Estimate: options held × ($160.00 − strike price), using the most recent insider trade price on Form 4 (Sep 14, 2026), not a market close.

Reconciliation: minor difference of 252 shares. Small increase from an employee stock purchase plan.

Duriya Farooqui

Includes unvested RSUs, amount not disclosed.

Director

14K

16K

no sales

Vesting, gifts, unvested awards and holding lines for Duriya Farooqui

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock	14,299	15,837

Sharon Bowen

Includes unvested RSUs, amount not disclosed.

Director

14K

−667

15K

+6.1%

Vesting, gifts, unvested awards and holding lines for Sharon Bowen

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock	14,206	15,077

James Namkung

Minor difference of 151 shares. Small increase from an employee stock purchase plan. Includes unvested RSUs, amount not disclosed. Small increase from an employee stock purchase plan.

Chief Accounting Officer

13K

16K

no sales

Vesting, gifts, unvested awards and holding lines for James Namkung

0shares vested or exercised

0gifted (net of own trusts)

−2.1Kwithheld by the company for taxes

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.
Small increase from an employee stock purchase plan. Filing

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock	13,220	16,431

Stock options (not counted as shares):

Options held	Strike price	Expires	Intrinsic value (estimate)
3,194	$135.46	Feb 12, 2034	$78K

Estimate: options held × ($160.00 − strike price), using the most recent insider trade price on Form 4 (Sep 14, 2026), not a market close.

Reconciliation: minor difference of 151 shares. Small increase from an employee stock purchase plan.

Caroline Silver

Includes unvested RSUs, amount not disclosed.

Director

11K

13K

no sales

Vesting, gifts, unvested awards and holding lines for Caroline Silver

0shares vested or exercised

0gifted (net of own trusts)

−64withheld by the company for taxes

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock	11,213	12,847

Mark Mulhern

Minor difference of 3 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer). Includes unvested RSUs, amount not disclosed.

Director

10K

12K

no sales

Vesting, gifts, unvested awards and holding lines for Mark Mulhern

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock	10,467	12,008

Reconciliation: minor difference of 3 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Shantella Cooper

Includes unvested RSUs, amount not disclosed.

Director

10K

12K

no sales

Vesting, gifts, unvested awards and holding lines for Shantella Cooper

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock	10,356	11,894

Martha Tirinnanzi

Minor difference of 11 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer). Includes unvested RSUs, amount not disclosed.

Director

3.5K

−1.5K

3.7K

+6.5%

Vesting, gifts, unvested awards and holding lines for Martha Tirinnanzi

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock	3,519	3,747

Reconciliation: minor difference of 11 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Jonathan Hill

Includes unvested RSUs, amount not disclosed.

Director

1.4K

3.1K

no sales

Vesting, gifts, unvested awards and holding lines for Jonathan Hill

0shares vested or exercised

0gifted (net of own trusts)

−27withheld by the company for taxes

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock	1,437	3,108

Daniel Pinto

Includes unvested RSUs, amount not disclosed.

Director

1.5K

no sales

Vesting, gifts, unvested awards and holding lines for Daniel Pinto

0shares vested or exercised

0gifted (net of own trusts)

none reportedunvested awards, start → end

Includes unvested RSUs, amount not disclosed.

Held through	Share class	Oct 8, 2025	Oct 8, 2026
Direct includes unvested RSUs, amount not disclosed	Common Stock	0	1,538

22 of 22 insiders fully reconciled: starting holdings plus reported transactions match ending holdings (10 exactly, 12 with a minor or footnoted difference). Percentages cover 20 of 22 officers and directors. Left out: Christopher Edmonds (most of their shares vested during the period, so a percentage would mislead); Daniel Pinto (held no vested shares at the start). "Still held" compares ending with starting vested shares; a plus sign means the holding grew.

What explains the selling$91.3M of sales by plan status, purpose, seller and month

Officer and director open-market sales: $91.3M across 590,437 shares. Plan status and stated purpose are separate questions, and a sale can have both.

By plan status

Disclosed plan · $90.2M · 99%

The lighter segment is sales with no plan disclosed in the filing ($1.1M), including tax-related sales outside a plan.

No plan disclosed · $1.1M

Sales with no 10b5-1 plan and no tax reference in the filing. $1.1M of it is Douglas Foley. No plan disclosed is a statement about the filing, not about why the sale happened. Largest such sale: Douglas Foley, Aug 5, 2026

Taxes

151,490 shares ($25.2M) were withheld by the company for taxes, which isn't a market sale.

Seller	Shares sold	Proceeds	Under a disclosed plan	Share of total	Sales dates
Jeffrey Sprecher Chief Executive Officer, Director	430K	$66.4M	100%	73%	Nov 19, 2025 to Feb 18, 2026
Benjamin Jackson President	33K	$5.4M	100%	6%	Feb 10, 2026 to Sep 1, 2026
Mayur Kapani Chief Technology Officer	29K	$4.5M	100%	5%	Dec 8, 2025 to Aug 12, 2026
Lynn Martin President, NYSE Group	29K	$4.3M	100%	5%	Feb 20, 2026 to Jul 16, 2026
Andrew Surdykowski General Counsel	18K	$2.8M	100%	3%	Nov 11, 2025 to Aug 26, 2026
Christopher Edmonds President, Fixed Income & Data	16K	$2.5M	100%	3%	Feb 19, 2026 to Sep 1, 2026
Douglas Foley SVP, HR & Administration	14K	$2.1M	49%	2%	Dec 12, 2025 to Sep 14, 2026
Warren Gardiner Chief Financial Officer	9K	$1.4M	100%	2%	Nov 20, 2025 to Aug 19, 2026
Judith Sprieser Director	8.4K	$1.4M	100%	2%	Dec 5, 2025 to Feb 5, 2026
Martha Tirinnanzi Director	1.5K	$238K	100%	0.3%	Aug 13, 2026 to Aug 26, 2026
William Hague Director	1.4K	$199K	100%	0.2%	Jun 9, 2026 to Jun 12, 2026
Sharon Bowen Director	667	$101K	100%	0.1%	May 22, 2026 to May 22, 2026

Sales by month

Month	Sale proceeds	Disclosed plan	To cover taxes	No plan disclosed
Oct 2025	$0	$0	$0	$0
Nov 2025	$23.8M	$23.8M	$0	$0
Dec 2025	$1.7M	$1.7M	$0	$0
Jan 2026	$0	$0	$0	$0
Feb 2026	$54.8M	$54.8M	$0	$0
Mar 2026	$264K	$264K	$0	$0
Apr 2026	$0	$0	$0	$0
May 2026	$1.8M	$1.8M	$0	$0
Jun 2026	$199K	$199K	$0	$0
Jul 2026	$2.2M	$2.2M	$0	$0
Aug 2026	$3.4M	$2.3M	$0	$1.1M
Sep 2026	$3.1M	$3.1M	$0	$0
Oct 2026	$0	$0	$0	$0

Is this normal? Selling year by year5 earlier years to compare with

In line with the past 5 years. 12 insiders sold; the average is 12 a year.

12 months ending	Shares sold	Insiders who sold	Proceeds
Oct 8, 2026 Latest 12 months	590K	12	$91.3M
Oct 8, 2025 1 year earlier	1.08M	16	$186M
Oct 8, 2024 2 years earlier	687K	15	$92.6M
Oct 9, 2023 3 years earlier	401K	7	$43.4M
Oct 9, 2022 4 years earlier	470K	12	$54.3M
Oct 9, 2021 5 years earlier	753K	10	$85.5M

Open-market sales (Form 4 code S) by people who were officers or directors, in split-adjusted shares. Earlier years include people who have since left. A sale that an outside holder also reports (a family trust, a fund) is counted with outside holders in every year. Shares, not dollars, are compared, so a change in the stock price doesn't look like a change in selling. Years the filings don't fully cover are shown but left out of the average.

Known gaps and uncertaintyEvery officer and director reconciles

Every officer and director reconciles for this period.

Jeffrey Sprecher: minor difference of 68 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Benjamin Jackson: minor difference of 252 shares. Difference is under 0.5% of holdings.

Mayur Kapani: minor difference of 160 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Lynn Martin: minor difference of 169 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Andrew Surdykowski: minor difference of 169 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Elizabeth King: minor difference of 151 shares. Difference is under 0.5% of holdings.

Douglas Foley: minor difference of 169 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Stuart Williams: minor difference of 68 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Christopher Edmonds: minor difference of 252 shares. Small increase from an employee stock purchase plan.

James Namkung: minor difference of 151 shares. Small increase from an employee stock purchase plan.

Mark Mulhern: minor difference of 3 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

Martha Tirinnanzi: minor difference of 11 shares. Difference is stated in footnotes (unreported vesting, exempt acquisition or transfer).

External context: we only cite outside events when a documented connection exists. None is shown for this period.

Sources and methodology1,205 filings from SEC EDGAR, and how we read them

All 1,205 Forms 3, 4 and 5 filed for Intercontinental Exchange (SEC CIK 1571949) from Nov 13, 2013 to Sep 16, 2026, retrieved from SEC EDGAR on Oct 8, 2026. Prices are the ones reported in each filing, often weighted averages. 6 filings were left out because Intercontinental Exchange filed them as an owner of another company's stock.

Probable 5-for-1 stock split on or before Nov 3, 2016 (split date stated in a footnote). Splits aren't reported as transactions; 15 holding lines changed by exactly this ratio, so earlier share counts are restated.

Holdings. Each holding line (a share class plus an owner, such as a trust or LLC) carries its last reported balance forward. Entities first reported during the period start at zero, so transfers between an insider's own trusts don't count as selling. Lines not reported for three years or more are listed separately and left out of totals.

Sales. A sale counts as under a 10b5-1 plan if its footnote cites one or the filing's Rule 10b5-1 box is checked, and as tax-related if its footnote cites tax obligations or sell-to-cover. Shares withheld by the company for taxes are listed separately. Sales with neither attribute are labeled "no plan disclosed".

Full methodology

Former or inactive filers (25)No filing in 18 months; last reported balances, not in any total

Name	Last filed	Last reported balance
Mark Wassersug	Apr 12, 2022	27,229 shares, last reported balance as of Apr 11, 2022
David Goone	Mar 8, 2022	187,580 shares, last reported balance as of Mar 4, 2022
Charles Crisp	Feb 10, 2022	46,110 shares, last reported balance as of Feb 9, 2022
Frederic Salerno	Jan 28, 2022	35,173 shares, last reported balance as of Oct 29, 2021
Vincent Tese	May 18, 2021	58,506 shares, last reported balance as of May 14, 2021
Scott Hill	Apr 21, 2021	141,452 shares, last reported balance as of Apr 21, 2021
Jean Forneri	Jul 24, 2020	57,526 shares, last reported balance as of Jul 22, 2020
Fred Hatfield	May 22, 2020	34,761 shares, last reported balance as of May 21, 2020
Charles Vice	Feb 24, 2020	382,451 shares, last reported balance as of Feb 20, 2020
Johnathan Short	Oct 12, 2018	41,390 shares, last reported balance as of Oct 10, 2018
Ann Cairns	May 22, 2018	5,931 shares, last reported balance as of May 21, 2018
Thomas Farley	Feb 28, 2018	68,247 shares, last reported balance as of Feb 27, 2018
Dean Mathison	Jan 24, 2018	11,443 shares, last reported balance as of Jan 23, 2018
Sir Reid	May 18, 2015	55,345 shares, last reported balance as of May 14, 2015
Callum McCarthy	May 18, 2015	37,835 shares, last reported balance as of May 14, 2015
Terrence Martell	May 18, 2015	38,460 shares, last reported balance as of May 14, 2015
Paul Swann	Jan 22, 2015	18,810 shares, last reported balance as of Jan 9, 2015
Edwin Marcial	Sep 19, 2014	109,555 shares, last reported balance as of Sep 17, 2014
Dominique Cerutti	Mar 4, 2014	311,485 shares, last reported balance as of Feb 27, 2014
Sylvain Hefes	Mar 3, 2014	21,380 shares, last reported balance as of Feb 27, 2014
Duncan Niederauer	Mar 3, 2014	897,245 shares, last reported balance as of Feb 27, 2014
Jan Hessels	Mar 3, 2014	55,770 shares, last reported balance as of Feb 27, 2014
Robert Scott	Mar 3, 2014	15,155 shares, last reported balance as of Feb 27, 2014
James McNulty	Mar 3, 2014	50,795 shares, last reported balance as of Feb 27, 2014
Mary Brienza		No balance on record

Intercontinental Exchange insiders sold $91.3M in the past 12 months. How much of their stake is that?

What stands out

Who sold, and how much of their stake

Selling by month

Common questions

Is the Intercontinental Exchange CEO selling stock?

Why are Intercontinental Exchange insiders selling?

Are any Intercontinental Exchange insiders buying?

How much of their stake did Intercontinental Exchange insiders sell?

The evidence

No plan disclosed · $1.1M

Taxes

Sales by month