As of September 09, 2026, the three largest insider holders of NDAQ are Ab Investor (TenPercentOwner, 58.38Mn shares), Dubai Ltd Borse (TenPercentOwner, 58.34Mn shares), Seller, Lp Argus (TenPercentOwner, 42.80Mn shares).
| # | Insider | Position | Direct | Indirect | Total | Share of Insiders | Last Filed |
|---|---|---|---|---|---|---|---|
| 1 | Ab Investor | TenPercentOwner | 0 | 58,382,426 | 58,382,426 | 35.6% | 13 Feb, 2026 |
| 2 | Dubai Ltd Borse | TenPercentOwner | 58,341,545 | 0 | 58,341,545 | 35.5% | 22 Mar, 2024 |
| 3 | Seller, Lp Argus | TenPercentOwner | 42,804,207 | 0 | 42,804,207 | 26.1% | 30 Jul, 2024 |
| 4 | Adena T Friedman | Chair And Ceo | 1,983,866 | 0 | 1,983,866 | 1.2% | 07 Apr, 2026 |
| 5 | Cohen Tal | Pres. Market Platforms | 445,934 | 0 | 445,934 | 0.3% | 29 Apr, 2026 |
| 6 | Bradley J Peterson | Evp, Cio | 271,038 | 0 | 271,038 | 0.2% | 11 Aug, 2026 |
| 7 | Michael R Splinter | Director | 217,988 | 0 | 217,988 | 0.1% | 12 Jun, 2026 |
| 8 | Pc Nelson Griggs | Pres. Capital Access Platforms | 201,775 | 0 | 201,775 | 0.1% | 12 Aug, 2026 |
| 9 | Jeremy Skule | Evp, Cso | 196,889 | 0 | 196,889 | 0.1% | 12 Aug, 2026 |
| 10 | John Zecca | Evp, Global Clo | 153,334 | 0 | 153,334 | 0.1% | 07 Apr, 2026 |
| 11 | Steven D Black | Director | 152,083 | 0 | 152,083 | 0.1% | 23 Jun, 2023 |
| 12 | Essa Kazim | Director | 146,917 | 0 | 146,917 | 0.1% | 12 Jun, 2026 |
| 13 | Lauren B. Dillard | Executive Vice President | 146,763 | 0 | 146,763 | 0.1% | 05 Apr, 2022 |
| 14 | Bjorn Sibbern | Executive Vice President | 79,809 | 0 | 79,809 | 0.0% | 08 Dec, 2022 |
| 15 | Sarah Youngwood | Evp Cfo | 74,558 | 0 | 74,558 | 0.0% | 02 Apr, 2026 |
| 16 | Bryan Everard Smith | Evp, Cpo | 67,647 | 0 | 67,647 | 0.0% | 05 Aug, 2026 |
| 17 | Lars Ottersgard | Executive Vice President | 66,999 | 0 | 66,999 | 0.0% | 05 Apr, 2022 |
| 18 | Ann M Dennison | Executive Vice President | 59,359 | 0 | 59,359 | 0.0% | 03 Nov, 2023 |
| 19 | Melissa Arnoldi | Director | 55,515 | 0 | 55,515 | 0.0% | 12 Jun, 2026 |
| 20 | Charlene T Begley | Director | 48,999 | 0 | 48,999 | 0.0% | 12 Jun, 2026 |
| 21 | Brendan Brothers | Executive Vice President | 48,860 | 0 | 48,860 | 0.0% | 04 Apr, 2024 |
| 22 | Johan Torgeby | Director | 43,495 | 0 | 43,495 | 0.0% | 12 Jun, 2026 |
| 23 | Roland Chai | Executive Vice President | 37,894 | 0 | 37,894 | 0.0% | 08 Dec, 2022 |
| 24 | Oliver Albers | Executive Vice President | 36,798 | 0 | 36,798 | 0.0% | 04 Jan, 2023 |
| 25 | Thomas A Kloet | Director | 36,559 | 0 | 36,559 | 0.0% | 12 Jun, 2026 |
| 26 | Jacob Wallenberg | Director | 27,381 | 0 | 27,381 | 0.0% | 17 Jun, 2022 |
| 27 | Toni Townes-Whitley | Director | 23,469 | 0 | 23,469 | 0.0% | 12 Jun, 2026 |
| 28 | Jeffery W Yabuki | Director | 22,959 | 0 | 22,959 | 0.0% | 12 Jun, 2026 |
| 29 | Paul Holden Jr. Spaht | Director | 13,399 | 0 | 13,399 | 0.0% | 12 Jun, 2026 |
| 30 | Kathryn A. Koch | Director | 10,743 | 0 | 10,743 | 0.0% | 12 Jun, 2026 |
| 31 | Michelle Lynn Daly | Svp, Controller Pao | 10,089 | 0 | 10,089 | 0.0% | 28 Apr, 2026 |
Each row is that insider’s most recently reported position, from Form 4 filings over the last 60 months — which is why this total does not tie to the quarterly series above, where a quarter counts only the insiders who filed in it. Shares held through a fund or institutional portfolio are counted on the institutional ownership page instead.
| Date | Insider | Position | Transaction | Shares | Price | Value | Shares Held After | Ownership |
|---|---|---|---|---|---|---|---|---|
| 10 Aug, 2026 | Jeremy Skule | Evp, Cso | Disposed S | 2,250 | $94.75 | $213.19K | 102,323 | Direct |
| 10 Aug, 2026 | Pc Nelson Griggs | Pres. Capital Access Platforms | Disposed S | 3,226 | $96.16 | $310.21K | 201,775 | Direct |
| 07 Aug, 2026 | Bradley J Peterson | Evp, Cio | Disposed S | 6,000 | $95.55 | $573.30K | 122,293 | Direct |
| 03 Aug, 2026 | Bryan Everard Smith | Evp, Cpo | Disposed S | 1,556 | $95.07 | $147.93K | 67,647 | Direct |
| 29 Jul, 2026 | Pc Nelson Griggs | Pres. Capital Access Platforms | Disposed S | 11,010 | $96.35 | $1.06Mn | 205,001 | Direct |
| 24 Jul, 2026 | Pc Nelson Griggs | Pres. Capital Access Platforms | Disposed S | 6,777 | $92.53 | $627.08K | 227,021 | Direct |
| 27 Jul, 2026 | Pc Nelson Griggs | Pres. Capital Access Platforms | Disposed S | 11,010 | $93.96 | $1.03Mn | 216,011 | Direct |
| 01 Jul, 2026 | Bryan Everard Smith | Evp, Cpo | Disposed S | 3,000 | $80.00 | $240.00K | 69,203 | Direct |
| 10 Jun, 2026 | Kathryn A. Koch | Director | Acquired A | 3,171 | $0.00 | $0 | 10,743 | Direct |
| 10 Jun, 2026 | Thomas A Kloet | Director | Acquired A | 4,554 | $0.00 | $0 | 36,559 | Direct |
| 10 Jun, 2026 | Essa Kazim | Director | Acquired A | 4,151 | $0.00 | $0 | 147,539 | Direct |
| 10 Jun, 2026 | Melissa Arnoldi | Director | Acquired A | 4,324 | $0.00 | $0 | 55,515 | Direct |
| 10 Jun, 2026 | Michael R Splinter | Director | Acquired A | 5,246 | $0.00 | $0 | 217,988 | Direct |
| 10 Jun, 2026 | Paul Holden Jr. Spaht | Director | Acquired A | 2,998 | $0.00 | $0 | 13,399 | Direct |
| 10 Jun, 2026 | Charlene T Begley | Director | Acquired A | 2,998 | $0.00 | $0 | 48,999 | Direct |
| 10 Jun, 2026 | Toni Townes-Whitley | Director | Acquired A | 2,998 | $0.00 | $0 | 23,469 | Direct |
| 10 Jun, 2026 | Jeffery W Yabuki | Director | Acquired A | 4,612 | $0.00 | $0 | 22,959 | Direct |
| 10 Jun, 2026 | Johan Torgeby | Director | Acquired A | 2,998 | $0.00 | $0 | 43,795 | Direct |
| 11 Jun, 2026 | Johan Torgeby | Director | Disposed F | 300 | $86.72 | $26.02K | 43,495 | Direct |
| 11 Jun, 2026 | Essa Kazim | Director | Disposed F | 622 | $86.72 | $53.94K | 146,917 | Direct |