Tal Cohen, an officer of Nasdaq, Inc., filed a Form 144 notice on November 4, 2026, disclosing a proposed sale of 2,286 shares of Nasdaq common stock with an aggregate market value of $250,088.40.

Key Highlights

  • Proposed sale: 2,286 shares of Nasdaq, Inc. common stock, with an aggregate market value of $250,088.40, with an approximate sale date of November 4, 2026.
  • Selling officer: Tal Cohen, identified as an officer of Nasdaq, Inc.
  • Broker: Morgan Stanley Smith Barney LLC Executive Financial Services, 1 New York Plaza, 8th Floor, New York, NY 10004.
  • Shares outstanding: 554,962,751 shares of common stock outstanding, according to the filing.
  • Source of shares: 787 shares acquired as restricted stock from the issuer on April 1, 2025, and 1,499 shares acquired as restricted stock from the issuer on April 3, 2025.
  • Recent prior sales: 2,289 shares sold on November 3, 2026, for gross proceeds of $247,326.45, and 10,390 shares sold on October 23, 2026, for gross proceeds of $1,073,754.55.

Tal Cohen's Proposed Rule 144 Sale of Nasdaq, Inc. Common Stock

According to the Form 144 notice filed with the U.S. Securities and Exchange Commission, Tal Cohen, an officer of Nasdaq, Inc. (NASDAQ:NDAQ), proposes to sell 2,286 shares of the company's common stock. The filing lists the aggregate market value of those shares at $250,088.40, with the approximate date of sale noted as November 4, 2026, through Morgan Stanley Smith Barney LLC Executive Financial Services.

The filing discloses that the shares to be sold were acquired as restricted stock directly from the issuer: 787 shares on April 1, 2025, and 1,499 shares on April 3, 2025. No cash consideration is described as part of those acquisitions, and the filing notes payment as "Not Applicable" for both tranches. At the time of the filing, the total number of shares of Nasdaq common stock outstanding was reported as 554,962,751.

As required under Rule 144, the filing also discloses sales by Cohen during the prior three months. According to the filing, Cohen sold 2,289 shares on November 3, 2026, for gross proceeds of $247,326.45, and 10,390 shares on October 23, 2026, for gross proceeds of $1,073,754.55. The notice was dated November 4, 2026, and signed by Tal Cohen, who represented, as required by the form, that he does not know any material adverse information regarding the issuer's current and prospective operations that has not been publicly disclosed.

What Was Disclosed

Tal Cohen, an officer of Nasdaq, Inc., filed a Form 144 notice proposing to sell 2,286 shares of common stock valued at $250,088.40, with shares sourced from restricted stock grants made in April 2025 and the sale to be executed through Morgan Stanley Smith Barney LLC.