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ICE Intercontinental Exchange, Inc. Insider Trading

Latest: General Counsel Sold $693K of Shares · May 2026

Multiple insiders have been active at Intercontinental Exchange, Inc. (ICE): 8 distinct insiders account for 0 buy filings and 38 sell filings as of May 2026. Its highest-significance filing in the last 90 days: General Counsel Andrew J Surdykowski sold $693K, transaction dated May 2026.

38 filings analyzed · Latest 2026-05-28

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Buys
0
Sells
38
Insiders
8
Direction
Net selling

Intercontinental Exchange, Inc. leadership

CEO
Jeffrey C. Sprecher — Chief Executive Officer
CFO
A. Warren Gardiner — Chief Financial Officer
General Counsel
Andrew J. Surdykowski — General Counsel
Chair
Jeffrey C. Sprecher — Chair and Chief Executive Officer

Historically, stocks have lagged the S&P 500 by a median ~3% over the 90 days after a low insider sell (n ≈ 1,162, 2024-2026). Past results don't predict the future. How we measure this ↗

May 2026
2026-05-28 10b5-1 Plan
low
General Counsel
4,573 shares
$693,073
@ $151.56
Significance 4

General Counsel Surdykowski sold 4,573 shares for $693,072.79 under 10b5-1 plan; retains 45,473 shares plus 4,129 options.

Andrew J Surdykowski, General Counsel at Intercontinental Exchange, executed 2 separate sales totaling 4,573 shares for $693,072.79 at blended average price $151.56 on 2026-05-26. The transaction was part of a pre-arranged 10b5-1 trading plan, meaning it was scheduled rather than discretionary. Post-transaction, he retains 45,473 non-derivative shares and 4,129 employee stock options, so his overall position remains substantial. His prior sales at ICE have shown mixed near-term outcomes (30-day returns ranging from -6.2% to +2.5%, 90-day returns from -14.3% to +2.0%), and the stock is currently down 5.1% over 30 days and 9.6% over 90 days from the sale date. The sale represents a 9.1% reduction of his pre-transaction non-derivative holdings under an automated plan.

2026-05-18 10b5-1 Plan
low
Chief Technology Officer
4,271 shares
$663,797
@ $155.42
Significance 3

ICE CTO Kapani Mayur sells 4,271 shares for $663,797.46 via scheduled 10b5-1 plan

Kapani Mayur, Chief Technology Officer at Intercontinental Exchange, Inc., executed 2 separate sales totaling 4,271 shares for $663,797.46 at a blended average price of $155.42 on 2026-05-14. The transaction is part of a pre-arranged 10b5-1 trading plan, meaning it was scheduled rather than discretionary. His post-transaction holdings of 64,869 shares represent a -6.2% reduction from pre-transaction holdings of 69,140 shares. At the current price of $155.99, the stock is -17.6% from its 52-week high of $189.35 and -3.3% over the prior 30 days. His same-ticker history at ICE shows 5 prior sales with mixed timing outcomes: the most recent February 2026 sales produced 30-day returns of +2.0% and +2.6%, while December 2025 sales generated 30-day returns of +3.4% and +3.2%.

March 2026
2026-03-03 10b5-1 Plan
low
President
3,865 shares
$637,725
@ $165.00
Significance 4

President Jackson Benjamin sold 3,865 shares of ICE at $165.00 on 2026-02-27 (post-sale holdings: 161.4K shares)

Jackson Benjamin, as President, sold 3,865 shares (3.9K shares) at $165.00, representing a 2.3% reduction from his pre-transaction holdings of 165.3K shares. The sale occurred when ICE was trading at a level that is -12.6% from its 52-week high of $188.45, and the stock has declined 5.2% over the prior 30 days. Across his cross-ticker trade history, Benjamin's prior 20 sales averaged +2.0% returns over 30 days and +4.9% over 90 days, with only 25.00% of those sells proving well-timed (negative 90d returns after the sale). At ICE specifically, his most recent measurable prior sale on 2025-02-26 was followed by a +4.3% 90-day return, indicating the stock rose after that sale—a poorly-timed outcome in sell-timing terms. The current sale occurs amid modest positive fundamentals (P/E of 25.12, annual revenue growth of +7.5%), but Benjamin's historical track record shows mixed execution in timing exits, and the recent prior ICE sales (all four on 2026-02-10 and 2026-02-19) remain unmeasured for outcome.

2026-03-02 10b5-1 Plan
low
General Counsel
4,571 shares
$740,524
@ $162.00
Significance 4

ICE General Counsel Surdykowski sells 4,571 shares (4.6K) for $740,524.13; holds 47,981 shares post-transaction

Surdykowski executed two separate sales totaling 4,571 shares at blended average price $162.00 on 2026-02-26, reducing his holdings by 8.7% from 52,552 to 47,981 shares. At the current price of $164.78, he sold approximately $2.74 below today's market level. His prior five sales at ICE show mixed timing: 3 of 5 were well-timed at the 90-day mark (stock declined after sale), while 2 were poorly timed (stock rose). His cross-ticker track record across 6 prior sales averaged -2.3% 90-day return with a 66.67% well-timed rate. ICE trades at 25.12 P/E with +7.5% annual revenue growth and $93.6B market cap, suggesting a mature, profitable business. This sale represents a routine liquidation by a senior executive and does not indicate material concern given the modest reduction in stake and mixed historical timing pattern at this ticker.

February 2026
2026-02-24 10b5-1 Plan
medium
President, NYSE Group
13,456 shares
$2,070,406
@ $153.86
Significance 5

NYSE Group President Martin Lynn C sells 13,456 shares at $153.11–$154.72 on 2026-02-20 for $2,070,405.53

Martin Lynn C, President of NYSE Group at Intercontinental Exchange, executed three separate sales totaling 13,456 shares on 2026-02-20, with a blended average price of $153.86. The sale reduced his holdings by 19.9%, from 67,775 shares to 54,319 shares. His prior five trades at ICE have resulted in positive 90-day returns (ranging from +2.7% to +6.6%), with a 0% success rate at timing sell positions before subsequent declines. The current stock price of $155.36 sits 17.6% below the 52-week high of $188.45, and the stock has declined 10.2% over the past 30 days, suggesting the transaction was not followed by the typical price deterioration seen in his prior sales at this ticker.

2026-02-20 10b5-1 Plan
medium
President
3,865 shares
$594,155
@ $153.73
Significance 4

Jackson Benjamin (President) sells 3,865 shares at blended avg $153.73 for $594,155.31

Jackson Benjamin, Intercontinental Exchange's President, executed 3 separate sales on 2026-02-19 totaling 3,865 shares for $594,155.31 at prices ranging from $153.18 to $154.93, reducing his holdings by 2.3% from 169.2K to 165.3K shares. The transaction occurred as ICE stock trades -10.4% over the prior 30 days and -18.3% from its 52-week high of $188.45, suggesting Benjamin sold into a weakened market environment. His cross-ticker track record shows a 90-day well-timed rate of 21.05% on prior sales, but same-ticker history at ICE is less favorable: 4 prior measurable sales showed 0 well-timed outcomes at the 90-day mark, with average positive returns of +3.9% (stock rose after each sale). This sale pattern—multiple transactions on a single day during a downtrend—differs from his typical same-ticker behavior.

2026-02-20 10b5-1 Plan
medium
President, Fixed Income & Data
11,303 shares
$1,738,630
@ $153.82
Significance 4

ICE President (Fixed Income & Data) Edmonds sells 11,303 shares for $1,738,629.78 across 4 transactions

Edmonds Christopher Scott, President of Fixed Income & Data at Intercontinental Exchange, executed 4 separate sales on 2026-02-19 totaling 11,303 shares for $1,738,629.78 at prices ranging from $153.21 to $155.72, reducing his holdings by 44.2% from 25,569 to 14,266 shares. The blended average sale price of $153.82 sits slightly below the current price of $154.01, and the stock is down 10.4% over the past 30 days and 18.3% from its 52-week high of $188.45. His prior 5 sales at ICE show mixed timing outcomes, with only 1 of 5 resulting in a 90-day negative return after the sale, indicating the insider has not consistently sold ahead of declines at this ticker; his same-ticker history from 2024-02-21 and 2025 shows predominately positive subsequent returns, suggesting previous sales were followed by further gains rather than avoided downturns. The fundamental context remains solid—the company posted $3.0B in quarterly revenue with $816.0M net income and annual revenue growth of 7.5%—but the recent 18.3% drawdown from highs and this substantial liquidation warrant investor attention to whether this represents a large portfolio reduction or reflects any shift in the executive's conviction.

2026-02-19 10b5-1 Plan
medium
Chief Technology Officer
15,213 shares
$2,358,347
@ $155.02
Significance 5

CTO Mayur Kapani sold 15,213 shares at blended $155.02 for $2.4M; stock down 18.2% from 52-week high

Kapani Mayur, Chief Technology Officer of Intercontinental Exchange, executed two separate sales on 2026-02-18 totaling 15,213 shares for $2,358,346.98, representing a 19.0% reduction in his holdings from 80,082 shares. The sales occurred at prices ($154.49 and $155.25) near the current price of $154.11, reflecting execution in an environment where the stock trades 18.2% below its 52-week high and down 9.8% over the past 30 days. His prior trades at ICE show mixed outcomes: a December 2025 sell pair returned +3.4% and +3.2% over 30 days, while three October 2025 sales returned negative 30-day results (-5.4%, -7.4%, -6.4%) followed by positive 90-day returns, with 0 of 3 being well-timed at the 90-day mark. The company's fundamentals remain stable (net income $816.0M on revenue $3.0B, P/E 23.49), providing context that this sale occurs amid neither crisis nor exceptional strength.

2026-02-19 10b5-1 Plan
medium
Chief Executive Officer
279,937 shares
$43,389,339
@ $155.00
Significance 4

CEO Sprecher sells 279,937 shares for $43.4M on scheduled 10b5-1 plan at ICE

Jeffrey C. Sprecher, Chief Executive Officer of Intercontinental Exchange, Inc., executed 2 separate sales totaling 279,937 shares for $43,389,339.20 on 2026-02-18, reducing his holdings from 1,931,642 shares to 1,651,705 shares (a 14.5% reduction). The transaction was executed under a pre-arranged 10b5-1 trading plan, indicating the sales were scheduled rather than discretionary. Sprecher retains substantial post-transaction holdings of 1,651,705 shares, demonstrating continued meaningful ownership in the company. Because this sale is part of a pre-arranged trading plan, it reflects a previously committed execution schedule rather than a contemporaneous market decision.

2026-02-12 10b5-1 Plan
medium
President
12,861 shares
$2,122,078
@ $165.00
Significance 5

Jackson Benjamin sold 12,861 shares of ICE at $165.00 on 2026-02-10, retaining 175,200 shares; stock down 20.5% from 52-week high.

Benjamin's sale of 12,861 shares represents a 6.8% reduction in his holdings, executed at $165.00, which is now 20.5% above the current price of $149.83. Notably, his prior five sales at Intercontinental Exchange were all poorly timed against the 90-day horizon—every single one saw the stock rise after the sale (returns ranging from +3.7% to +6.0% over 90 days), meaning Benjamin sold before gains materialized. This latest transaction occurs against a deteriorating price backdrop: the stock is down 10.1% over 30 days and down 1.5% over 90 days, with the trade executed at the high end of recent downward momentum. While the company fundamentals remain solid—$3.0B quarterly revenue, $816.0M net income, and 7.5% annual revenue growth—the persistent pattern of poorly-timed exits at this ticker and the current depressed valuation relative to the transaction price warrant investor attention to whether Benjamin's selling reflects execution pressures unrelated to firm health or an evolving view of fair value.

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