Nasdaq (NDAQ)

=== SEC Form 4 — Statement of Changes in Beneficial Ownership === Document Type: 4 Period of Report: 2026-04-03 10b5-1 Pre-arranged Plan: No --- Issuer --- Name: NASDAQ, INC. (NDAQ) CIK: 0001120193 --- Reporting Owner --- Name: SKULE JEREMY CIK: 0001736565 Role: Officer (EVP, CSO) --- Non-Derivative Transactions --- [Transaction #1] Security: Common Stock, par value $0.01 per share Date: 2026-04-03 | Code: F (Payment of exercise/tax) Shares: -1,017 | Price: $86.65 Total Value: $88,123.05 Shares Owned After: 104,573 | Ownership: D (Direct) Footnotes: [F1] Represents shares of Common Stock withheld for taxes in connection with the settlement of an equity award previously granted under the Issuer's Equity Incentive Plan. [F2] Represents (i) 37,779 shares or units of restricted stock, of which 11,819 are vested, (ii) 63,075 shares of Common Stock underlying PSUs, 55,049 of which are vested, and (iii) 3,719 shares of Common Stock purchased under the Issuer's Employee Stock Purchase Plan. --- Footnotes (Complete Index) --- F1: Represents shares of Common Stock withheld for taxes in connection with the settlement of an equity award previously granted under the Issuer's Equity Incentive Plan. F2: Represents (i) 37,779 shares or units of restricted stock, of which 11,819 are vested, (ii) 63,075 shares of Common Stock underlying PSUs, 55,049 of which are vested, and (iii) 3,719 shares of Common Stock purchased under the Issuer's Employee Stock Purchase Plan. --- Signature --- /s/ /s/ Alex Kogan, by power of attorney (2026-04-07)