Adena T. Friedman, Chair and CEO of NASDAQ, INC. (NDAQ), sold 113,611 shares of the company's stock on April 1, 2026, for approximately $9.71 million. The shares were sold at an average price of $85.44 per share.
This transaction follows a series of other insider sales at NASDAQ in recent months. On March 6, Friedman sold 92,840 shares for approximately $8.36 million. Other executives, including Bryan Everard Smith and Michelle Lynn Daly, also reported stock sales in February and March.
Insider sales can be attributed to various reasons, such as portfolio diversification or tax planning, and do not necessarily indicate a negative view of the company's future prospects.