What to Know About Nasdaq President Nelson Griggs Selling 3,226 Shares for $310,212
Griggs retains 201,775 shares in direct holdings, with additional exposure through restricted stock units and performance-based equity awards.
Nelson Griggs, President of Capital Access Platforms at Nasdaq, Inc., sold 3,226 shares of the company's common stock on August 10, 2026. According to the SEC Form 4 filing, the weighted average sale price for these shares was $96.16, resulting in a transaction value of $310,212. The post-transaction market value, based on Nasdaq's stock closing price on the same day, was $95.62 per share.
Nasdaq, Inc. is a prominent player in the technology-driven financial services industry, boasting a substantial market capitalization of $53.1 billion. The company generates significant revenue of $8.7 billion on a trailing twelve-month (TTM) basis and reported a net income of $2.0 billion for the same period. This strong financial performance underscores Nasdaq's robust operational leverage and profitability within the financial services sector.
The company's success can be attributed to its integrated platform, which combines exchange operations with advanced market surveillance and financial crime prevention capabilities. This unique combination positions Nasdaq as a critical service provider for global financial markets, ensuring the integrity and efficiency of these vital operations.
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