Tal Cohen, President of Market Platforms at Nasdaq, Inc. (NASDAQ:NDAQ), filed a Form 4 on November 6, 2026, disclosing the sale of 2,286 shares of common stock on November 4, 2026.

Key Highlights

  • Reporting person: Tal Cohen, identified in the filing as President of Market Platforms at Nasdaq, Inc.
  • Transaction: Disposition (transaction code S) of 2,286 shares of Common Stock, par value $0.01 per share, on November 4, 2026.
  • Weighted average price: $109.4 per share, with individual sale prices ranging from $109.40 to $109.41, inclusive, according to the filing.
  • Remaining beneficial ownership: 200,501 shares following the reported transaction, held directly.
  • Ownership composition: The post-transaction total includes 111,598 shares or units of restricted stock (of which 38,238 are vested), 87,017 shares underlying PSUs (74,175 of which are vested), and 1,886 shares purchased under the issuer's Employee Stock Purchase Plan.
  • Signing: The form was signed by Alex Kogan, by power of attorney, and dated November 6, 2026.

Cohen's November 4 Share Sale and Post-Transaction Holdings at Nasdaq

According to the filing, Tal Cohen, who serves as President of Market Platforms at Nasdaq, Inc. (NASDAQ:NDAQ), disposed of 2,286 shares of the company's Common Stock (par value $0.01 per share) on November 4, 2026. The filing reports a weighted average sale price of $109.4 per share. The filing further discloses that these shares were sold in multiple transactions at prices ranging from $109.40 to $109.41, inclusive, and that Cohen undertakes to provide full information regarding the number of shares sold at each separate price upon request.

Following the reported transaction, Cohen's direct beneficial ownership stands at 200,501 shares, according to the filing. The filing breaks down this total as: 111,598 shares or units of restricted stock, of which 38,238 are vested; 87,017 shares of Common Stock underlying PSUs, of which 74,175 are vested; and 1,886 shares of Common Stock purchased under the issuer's Employee Stock Purchase Plan.

No derivative securities transactions were reported in Table II of the filing. The form was filed by one reporting person and indicates that Cohen is an officer of the issuer. The filing was signed by Alex Kogan, acting by power of attorney, on November 6, 2026.

What Was Disclosed

Tal Cohen, President of Market Platforms at Nasdaq, Inc., reported a sale of 2,286 shares of common stock on November 4, 2026, at a weighted average price of $109.4 per share, leaving direct beneficial ownership of 200,501 shares following the transaction.