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sellWeak cluster of 210b5-1 plan

Jeremy Skule sold $191k of NDAQ

EVP, CSO at NASDAQ, INC.. 2,105 shares at an average of $90.57, traded Dec 1, 2025, filed Dec 3, 2025.

Warning score
15
Value
$191k
2,105 shares
Holdings after
82,869
-2% from before
From 52-week low
+35%
low $65.15, close $88.20
From 52-week high
-8%
high $95.41, as of Dec 1, 2025

Score components

  • Role
    Officer
    +15
  • Trade size
    $191k at market
    +12
  • Share of holdings sold
    Sold 2.5% of holdings
    0
  • Cluster
    2 insiders selling within 14 days
    +8
  • 10b5-1 plan
    Pre-scheduled under a 10b5-1 plan
    -20

What happened after comparable sells

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

This signal so far: 1m +9.8%, 3m +1.2%, 6m -1.1%.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

NDAQOct 13, 2026 · close 93.48
Since filing Dec 3, 2025: +7.2%SPY +15.0% · excess -7.8%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0001193125-25-306664, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Dec 1, 2025SOpen-market sale
Common Stock, par value $0.01 per share10b5-1
-2,105$90.57$191k82,869Dec 3, 2025

Related signals

Other insiders at NASDAQ, INC. and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
5Weak
NDAQsell10b5-1
NASDAQ, INC.
Jeremy Skule
EVP, CSO
$107k
1,125 shares
-1%
5Weak
NDAQsell10b5-1
NASDAQ, INC.
Jeremy Skule
EVP, CSO
$106k
1,125 shares
-1%
44Moderate
NDAQsell 4
NASDAQ, INC.
PC Nelson Griggs
Pres. Capital Access Platforms
$310k
3,226 shares
-2%
22Weak
NDAQsell 410b5-1
NASDAQ, INC.
Jeremy Skule
EVP, CSO
$213k
2,250 shares
-2%
49Moderate
NDAQsell 4
NASDAQ, INC.
Bradley J Peterson
EVP, CIO
$573k
6,000 shares
-5%
21Weak
NDAQsell 410b5-1
NASDAQ, INC.
Bryan Everard Smith
EVP, CPO
$148k
1,556 shares
-2%
55Moderate
NDAQsell 4
NASDAQ, INC.
PC Nelson Griggs
Pres. Capital Access Platforms
$1.1M
11,010 shares
-5%
55Moderate
NDAQsell 3
NASDAQ, INC.
PC Nelson Griggs
Pres. Capital Access Platforms
$1.7M
17,787 shares
-8%
55Moderate
NDAQsell 3
NASDAQ, INC.
Bradley J Peterson
EVP, CIO
$1.2M
13,000 shares
-9%
8Weak
NDAQsell10b5-1
NASDAQ, INC.
Bryan Everard Smith
EVP, CPO
$240k
3,000 shares
-4%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

Jeremy Skule sold $191k of NDAQ | InsiderTell