What the executives and directors of Intercontinental Exchange actually did with their own shares, decoded from three years of SEC Form 4 filings.
The tape: three years of insider trades
Every marker sits at the exact price reported on the Form 4. The line is the monthly median of all prices insiders reported, so the chart needs no market feed; the gray strip is routine flow (vestings, tax withholding, gifts) that headlines love to miscount as selling.
Where the shares went, last 12 months
Every Form 4 movement decomposed: what flowed in (grants, vested equity, purchases) and what flowed out (tax withholding, plan sales, discretionary sales, gifts). Counted in shares, because grants carry no price.
Skin in the game
Directly held shares as reported after each trade, indexed to 100 five years back. Direct holdings only: trust and family-entity positions are per-entity in the filings and do not sum honestly, so this chart refuses to guess. The steps are the trades.
Who holds what
| Insider | Role | Shares held | Buys 12 m | Sales 12 m |
|---|---|---|---|---|
| Sprecher Jeffrey C Chief Executive Officer | CEO | 2.9M | — | $106M |
| Jackson Benjamin President | Officer | 162.5K | — | $3.4M |
| Martin Lynn C President, NYSE Group | Officer | 70.3K | — | $4.3M |
| Kapani Mayur Chief Technology Officer | Officer | 69.1K | — | $5.5M |
| Surdykowski Andrew J General Counsel | Officer | 50K | — | $2.7M |
| Foley Douglas SVP, HR & Administration | Officer | 26.3K | — | $806K |
| Williams Stuart Glen Chief Operating Officer | COO | 25.3K | — | $162K |
| Gardiner Warren Chief Financial Officer | CFO | 25.2K | — | $1.3M |
| King Elizabeth Kathryn Global Head of Clearing & CRO | Officer | 23.7K | — | — |
| NOONAN THOMAS E | Director | 23K | — | — |
| Edmonds Christopher Scott President, Fixed Income & Data | Officer | 20.8K | — | $1.7M |
| Hague William Jefferson | Director | 20.1K | — | $199K |
| Namkung James W Chief Accounting Officer | Officer | 16.4K | — | — |
| Farooqui Duriya M | Director | 15.8K | — | $363K |
Open-market trade log
| Date | Insider | Type | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-07-16 | Martin Lynn C (Officer) | Planned sale (10b5-1) | 200 | $142.30 | $28K |
| 2026-07-16 | Martin Lynn C (Officer) | Planned sale (10b5-1) | 3,000 | $139.75 | $419K |
| 2026-07-16 | Martin Lynn C (Officer) | Planned sale (10b5-1) | 3,200 | $140.90 | $451K |
| 2026-07-16 | Martin Lynn C (Officer) | Planned sale (10b5-1) | 9,482 | $141.65 | $1.3M |
| 2026-06-12 | Hague William Jefferson (Director) | Planned sale (10b5-1) | 1,333 | $139.46 | $186K |
| 2026-06-09 | Hague William Jefferson (Director) | Planned sale (10b5-1) | 91 | $138.50 | $13K |
| 2026-05-26 | Surdykowski Andrew J (Officer) | Planned sale (10b5-1) | 1,965 | $150.97 | $297K |
| 2026-05-26 | Surdykowski Andrew J (Officer) | Planned sale (10b5-1) | 2,608 | $152.00 | $396K |
| 2026-05-22 | Bowen Sharon (Director) | Planned sale (10b5-1) | 667 | $151.28 | $101K |
| 2026-05-19 | Gardiner Warren (CFO) | Planned sale (10b5-1) | 2,490 | $156.64 | $390K |
| 2026-05-14 | Kapani Mayur (Officer) | Planned sale (10b5-1) | 1,371 | $155.73 | $214K |
| 2026-05-14 | Kapani Mayur (Officer) | Planned sale (10b5-1) | 2,900 | $155.27 | $450K |
| 2026-03-09 | Foley Douglas (Officer) | Planned sale (10b5-1) | 1,600 | $164.96 | $264K |
| 2026-02-27 | Jackson Benjamin (Officer) | Planned sale (10b5-1) | 3,865 | $165.00 | $638K |
| 2026-02-26 | Surdykowski Andrew J (Officer) | Planned sale (10b5-1) | 1,472 | $162.62 | $239K |
| 2026-02-26 | Surdykowski Andrew J (Officer) | Planned sale (10b5-1) | 3,099 | $161.71 | $501K |
| 2026-02-20 | Martin Lynn C (Officer) | Planned sale (10b5-1) | 2,300 | $154.72 | $356K |
| 2026-02-20 | Martin Lynn C (Officer) | Planned sale (10b5-1) | 2,963 | $153.11 | $454K |
| 2026-02-20 | Martin Lynn C (Officer) | Planned sale (10b5-1) | 8,193 | $153.90 | $1.3M |
| 2026-02-19 | Jackson Benjamin (Officer) | Planned sale (10b5-1) | 700 | $154.93 | $108K |
| 2026-02-19 | Jackson Benjamin (Officer) | Planned sale (10b5-1) | 1,246 | $153.90 | $192K |
| 2026-02-19 | Jackson Benjamin (Officer) | Planned sale (10b5-1) | 1,919 | $153.18 | $294K |
| 2026-02-19 | Gardiner Warren (CFO) | Planned sale (10b5-1) | 2,490 | $154.00 | $383K |
| 2026-02-19 | Edmonds Christopher Scott (Officer) | Planned sale (10b5-1) | 200 | $155.72 | $31K |
| 2026-02-19 | Edmonds Christopher Scott (Officer) | Planned sale (10b5-1) | 1,700 | $154.91 | $263K |
| 2026-02-19 | Edmonds Christopher Scott (Officer) | Planned sale (10b5-1) | 4,653 | $153.96 | $716K |
| 2026-02-19 | Edmonds Christopher Scott (Officer) | Planned sale (10b5-1) | 4,750 | $153.21 | $728K |
| 2026-02-18 | Sprecher Jeffrey C (CEO) | Planned sale (10b5-1) | 129.9K | $155.00 | $20.1M |
| 2026-02-18 | Sprecher Jeffrey C (CEO) | Planned sale (10b5-1) | 150K | $155.00 | $23.3M |
| 2026-02-18 | Kapani Mayur (Officer) | Planned sale (10b5-1) | 4,519 | $154.49 | $698K |
| 2026-02-18 | Kapani Mayur (Officer) | Planned sale (10b5-1) | 10.7K | $155.25 | $1.7M |
| 2026-02-10 | Jackson Benjamin (Officer) | Planned sale (10b5-1) | 12.9K | $165.00 | $2.1M |
| 2026-02-05 | SPRIESER JUDITH A (Director) | Planned sale (10b5-1) | 100 | $172.02 | $17K |
| 2026-02-05 | SPRIESER JUDITH A (Director) | Planned sale (10b5-1) | 100 | $173.88 | $17K |
| 2026-02-05 | SPRIESER JUDITH A (Director) | Planned sale (10b5-1) | 300 | $169.92 | $51K |
| 2026-02-05 | SPRIESER JUDITH A (Director) | Planned sale (10b5-1) | 700 | $166.92 | $117K |
| 2026-02-05 | SPRIESER JUDITH A (Director) | Planned sale (10b5-1) | 1,000 | $169.34 | $169K |
| 2026-02-05 | SPRIESER JUDITH A (Director) | Planned sale (10b5-1) | 1,000 | $171.25 | $171K |
| 2026-02-05 | SPRIESER JUDITH A (Director) | Planned sale (10b5-1) | 1,522 | $168.13 | $256K |
| 2025-12-12 | Foley Douglas (Officer) | Planned sale (10b5-1) | 1,600 | $163.20 | $261K |
| 2025-12-08 | Kapani Mayur (Officer) | Planned sale (10b5-1) | 1,936 | $156.93 | $304K |
| 2025-12-08 | Kapani Mayur (Officer) | Planned sale (10b5-1) | 3,409 | $156.51 | $534K |
| 2025-12-05 | SPRIESER JUDITH A (Director) | Planned sale (10b5-1) | 400 | $158.54 | $63K |
| 2025-12-05 | SPRIESER JUDITH A (Director) | Planned sale (10b5-1) | 3,300 | $157.89 | $521K |
| 2025-11-20 | Gardiner Warren (CFO) | Planned sale (10b5-1) | 1,572 | $153.65 | $242K |
| 2025-11-19 | Sprecher Jeffrey C (CEO) | Planned sale (10b5-1) | 60.6K | $152.62 | $9.3M |
| 2025-11-19 | Sprecher Jeffrey C (CEO) | Planned sale (10b5-1) | 89.4K | $153.40 | $13.7M |
| 2025-11-19 | Surdykowski Andrew J (Officer) | Planned sale (10b5-1) | 1,770 | $152.52 | $270K |
| 2025-11-11 | Surdykowski Andrew J (Officer) | Planned sale (10b5-1) | 2,081 | $151.00 | $314K |
| 2025-10-08 | Kapani Mayur (Officer) | Planned sale (10b5-1) | 400 | $160.84 | $64K |
| 2025-10-08 | Kapani Mayur (Officer) | Planned sale (10b5-1) | 1,049 | $162.03 | $170K |
| 2025-10-08 | Kapani Mayur (Officer) | Planned sale (10b5-1) | 1,800 | $157.51 | $284K |
| 2025-10-08 | Kapani Mayur (Officer) | Planned sale (10b5-1) | 2,633 | $159.22 | $419K |
| 2025-10-08 | Kapani Mayur (Officer) | Planned sale (10b5-1) | 4,200 | $158.29 | $665K |
| 2025-09-17 | Williams Stuart Glen (COO) | Planned sale (10b5-1) | 939 | $172.04 | $162K |
| 2025-09-12 | Foley Douglas (Officer) | Planned sale (10b5-1) | 1,600 | $175.62 | $281K |
| 2025-09-04 | SPRIESER JUDITH A (Director) | Planned sale (10b5-1) | 300 | $175.75 | $53K |
| 2025-09-04 | SPRIESER JUDITH A (Director) | Planned sale (10b5-1) | 1,100 | $174.78 | $192K |
| 2025-09-04 | SPRIESER JUDITH A (Director) | Planned sale (10b5-1) | 1,500 | $174.07 | $261K |
| 2025-08-27 | Farooqui Duriya M (Director) | Planned sale (10b5-1) | 2,036 | $178.34 | $363K |
“Since trade” compares with the latest insider-implied price, not a market quote; this site carries no market data by design.
Filing hygiene
How to read this
A Form 4 transaction code decides everything. P is an open-market purchase and S an open-market sale; those two are the only codes where an insider chose to trade. A is a grant, M an option exercise or vesting, F shares withheld to cover tax, G a gift. Most “insiders dumped billions” headlines are code F and M mechanics.
Sales flagged 10b5-1 run on a plan the insider adopted in advance; since 2023 every Form 4 carries that flag. Buys have historically predicted returns, sales mostly have not, and this page states filings, not advice.