Adena T. Friedman, Chair and CEO of NASDAQ, INC. (NDAQ), sold 92,840 shares of the company's stock on March 6, 2026. The transaction, executed at an average price of $90.08 per share, amounted to approximately $8.36 million.
This sale by a top executive comes amidst other recent insider activity at NASDAQ. Bryan Everard Smith and Michelle Lynn Daly also reported stock sales in late February and early March. Conversely, Johan Torgeby made a purchase of NDAQ shares on February 17, and INVESTOR AB acquired a significant stake on February 13.
Insider selling can occur for a variety of reasons, including personal financial planning, diversification, or the execution of pre-arranged trading plans, and does not necessarily indicate a negative view of the company's future prospects.