Compras y ventas de directivos de Nasdaq (NDAQ)
Qué compran y venden los consejeros y directivos del S&P 500 en sus propias empresas, tal cual lo presentan en los Formularios 4 de la SEC (2 días hábiles de plazo): cada fila con su código oficial y sin filtrar nada.
Las compras en mercado abierto (código P) son la señal rara, en verde; las ventas (código S) son frecuentes y muchas van programadas (10b5-1). La tabla II (derivados) no se incluye: sus precios son de ejercicio, no de mercado. Guía: compras de directivos.
| Fecha | Ticker | Directivo | Cargo | Acciones | Precio | Importe | % posición | Tipo / documento |
|---|
Descargar estas transacciones en CSV Sin cuenta y sin registro. Los datos son públicos: salen de los Formularios 4 de la SEC.
Compras y ventas de directivos de Nasdaq, Inc. (NDAQ): 3 compras y 29 ventas
97 transacciones de la tabla I del Formulario 4 declaradas ante la SEC por directivos de Nasdaq, Inc. entre el 2025-09-04 y el 2026-10-14 (histórico de 15 meses): 3 compras y 29 ventas en mercado abierto, y 65 transacciones con otros códigos del Formulario 4, desglosados uno a uno más abajo. La mayor operación en mercado abierto es una venta de $29,1M de Friedman Adena T el 2026-02-02.
Compras y ventas de directivos de Nasdaq en los últimos 12 meses
Entre el 21 oct 2025 y el 20 oct 2026, los directivos de Nasdaq declararon 3 compras por $21,7M y 27 ventas por $86,9M en mercado abierto. El saldo neto es vendedor: salen $65,2M más de los que entran.
Quien más compró fue Investor Ab, Innax Ab (Accionista >10%): $20,7M en 2 compras, de 2 compradores distintos. Quien más vendió fue Friedman Adena T (Chair and CEO): $76,1M en 4 ventas, de 8 vendedores distintos.
La mayor operación del período fue una venta de $29,1M el 2 feb 2026, de Friedman Adena T (Chair and CEO), dentro de un plan 10b5-1. Formulario 4 en sec.gov (0001193125-26-035470).
De las 27 ventas, 16 (el 59%, $79,0M) llevan en el Formulario 4 la marca de plan 10b5-1, es decir, se programaron con meses de antelación; las otras 11 no la llevan.
En los tres últimos meses hay 0 compras y 11 ventas, frente a 1 y 6 en los tres anteriores. La última compra es del 11 jun 2026; la última venta, del 12 oct 2026.
Frente a su sector (Servicios financieros, 70 empresas con página de directivos en esta web), en las mismas fechas la mediana es de 10 ventas y 0 compras en mercado abierto. Nasdaq tiene más ventas que 59 de las otras 69, es la 18.ª de 70 por dinero neto vendido, y 32 de las 70 tienen al menos una compra, Nasdaq incluida.
Las 20 operaciones más importantes
Primero las 3 compras en mercado abierto y después el resto, cada tipo de mayor a menor importe. El histórico completo está en la herramienta de arriba, ya buscado.
Ver las 97 operaciones de NDAQ en el histórico completo →
| Operación | Declarada | Directivo | Cargo | Importe | Código | Documento |
|---|---|---|---|---|---|---|
| 2026-02-13 | 2026-02-13 | Investor Ab | Accionista >10% | $15,8M | P — Compra en mercado abierto Tenencia indirecta, a través de: See Footnotes 3 notas del Formulario 4 (texto original de la SEC, en inglés)F1 The price reported in Column 4 is a weighted average price. These shares of common stock, par value $0.01 per share (the "Shares") were purchased in multiple transactions at prices ranging from $79.10 to $79.52 per Share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of Shares purchased at each separate price within the range set forth in this footnote. F2 Reflects Shares of the Issuer held directly by Innax AB (formerly known as Patricia Holding AB). Investor AB is the sole shareholder of Innax AB. F3 Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person. Each of the Reporting Persons (other than to the extent it directly holds securities reported herein) disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, each of the Reporting Persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose. | SEC |
| 2026-06-11 | 2026-06-15 | Investor Ab, Innax Ab | Accionista >10% | $4,9M | P — Compra en mercado abierto Tenencia indirecta, a través de: See Footnotes 3 notas del Formulario 4 (texto original de la SEC, en inglés)F1 The price reported in Column 4 is a weighted average price. These shares of common stock, par value $0.01 per share (the "Shares") were purchased in multiple transactions at prices ranging from $85.81 to $86.00 per Share, inclusive. The Reporting Persons undertake to provide to the Issuer, any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of Shares purchased at each separate price within the range set forth in this footnote. F2 Reflects Shares of the Issuer held directly by Innax AB (formerly known as Patricia Holding AB). Investor AB is the sole shareholder of Innax AB. F3 Information with respect to each of the Reporting Persons is given solely by such Reporting Person, and no Reporting Person has responsibility for the accuracy or completeness of information supplied by another Reporting Person. Each of the Reporting Persons (other than to the extent it directly holds securities reported herein) disclaims beneficial ownership of the securities held by the other Reporting Persons, except to the extent of such Reporting Person's pecuniary interest therein, and, pursuant to Rule 16a-1(a)(4) under the Securities Exchange Act of 1934, each of the Reporting Persons (other than to the extent it directly holds securities reported herein) states that the inclusion of these securities in this report shall not be deemed an admission of beneficial ownership of all of the reported securities for purposes of Section 16 or for any other purpose. | SEC |
| 2026-02-17 | 2026-02-19 | Torgeby Johan | Consejero | $958k | P — Compra en mercado abiertoNota del Formulario 4 (texto original de la SEC, en inglés)F1 Represents (i) 14,797 RSUs granted pursuant to Nasdaq's Equity Incentive Plan, of which 11,802 are vested as of the date hereof and (ii) 26,000 shares of common stock acquired through open market purchases. | SEC |
| 2026-02-02 | 2026-02-03 | Friedman Adena T | Chair and CEO | $29,1M | S — Venta en mercado abierto (programada 10b5-1)3 notas del Formulario 4 (texto original de la SEC, en inglés)F1 The reported sale was effected pursuant to a Rule 10b5-1(c) trading plan adopted on September 11, 2025. F2 The price reported in this box is a weighted average price. These shares were sold in multiple transactions at prices ranging from $96.50 to $97.86, inclusive. The reporting person undertakes to provide to the Issuer, any of its security holders, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. F3 Represents (i) 440,450 shares or units of restricted stock, of which 314,204 are vested, (ii) 1,371,100 shares of Common Stock underlying PSUs, all of which are vested, (iii) 10,000 shares of Common Stock acquired through open market purchases, and (iv) 103,353 shares granted under the Issuer's Equity Incentive Plan or the Issuer's Employee Stock Purchase Plan when the reporting person was an employee of the Issuer prior to returning as President in 2014. | SEC |
| 2026-01-02 | 2026-01-06 | Friedman Adena T | Chair and CEO | $28,9M | S — Venta en mercado abierto (programada 10b5-1)3 notas del Formulario 4 (texto original de la SEC, en inglés)F1 The reported sale was effected pursuant to a Rule 10b5-1(c) trading plan adopted on September 11, 2025. F2 The price reported in this box is a weighted average price. These shares were sold in multiple transactions at prices ranging from $95.82 to $97.07, inclusive. The reporting person undertakes to provide to Nasdaq, any security holder of Nasdaq or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. F3 Represents (i) 440,450 shares or units of restricted stock, of which 314,204 are vested, (ii) 1,371,100 shares of Common Stock underlying PSUs, all of which are vested, (iii) 10,000 shares of Common Stock acquired through open market purchases, and (iv) 103,353 shares granted under the Issuer's Equity Incentive Plan or the Issuer's Employee Stock Purchase Plan when the reporting person was an employee of the Issuer prior to returning as President in 2014. | SEC |
| 2026-04-01 | 2026-04-02 | Friedman Adena T | Chair and CEO | $9,7M | S — Venta en mercado abierto (programada 10b5-1)2 notas del Formulario 4 (texto original de la SEC, en inglés)F1 The reported sale was effected pursuant to a Rule 10b5-1(c) trading plan adopted on September 11, 2025. F2 The price reported in this box is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.00 to $85.88, inclusive. The reporting person undertakes to provide to the Issuer, any of its security holders, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. | SEC |
| 2026-03-06 | 2026-03-10 | Friedman Adena T | Chair and CEO | $8,4M | S — Venta en mercado abierto (programada 10b5-1)3 notas del Formulario 4 (texto original de la SEC, en inglés)F1 The reported sale was effected pursuant to a Rule 10b5-1(c) trading plan adopted on September 11, 2025. F2 The price reported in this box is a weighted average price. These shares were sold in multiple transactions at prices ranging from $90.00 to $90.37, inclusive. The reporting person undertakes to provide to the Issuer, any of its security holders, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. F3 Represents (i) 440,450 shares or units of restricted stock, of which 314,204 are vested, (ii) 1,525,520 shares of Common Stock underlying PSUs, 1,483,780 of which are vested, (iii) 10,000 shares of Common Stock acquired through open market purchases, and (iv) 103,353 shares granted under the Issuer's Equity Incentive Plan or the Issuer's Employee Stock Purchase Plan when the reporting person was an employee of the Issuer prior to returning as President in 2014. | SEC |
| 2026-04-27 | 2026-04-29 | Tal Cohen | Pres. Market Platforms | $1,4M | S — Venta en mercado abierto2 notas del Formulario 4 (texto original de la SEC, en inglés)F1 Represents (i) 126,563 shares or units of restricted stock, of which 53,203 are vested, (ii) 87,017 shares of Common Stock underlying PSUs, 74,175 of which are vested, and (iii) 1,628 shares ofCommon Stock purchased under the Issuer's Employee Stock Purchase Plan. F2 The price reported in this box is a weighted average price. These shares were sold in multiple transactions at prices ranging from $90.51 to $91.09, inclusive. The reporting person undertakes toprovide to Nasdaq, any security holder of Nasdaq or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares sold at eachseparate price within the range set forth in this footnote (1) to this Form 4. | SEC |
| 2026-07-24 | 2026-07-28 | Peterson Bradley J | EVP, CIO | $1,2M | S — Venta en mercado abierto2 notas del Formulario 4 (texto original de la SEC, en inglés)F1 The price reported in this box is a weighted average price. These shares were sold in multiple transactions at prices ranging from $92.58 to $92.66, inclusive. The reporting person undertakes to provide to the Issuer, any of its security holders, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. F2 Represents (i) 64,377 shares or units of restricted stock, 38,372 of which are vested, (ii) 58,618 shares of Common Stock underlying PSUs, 48,986 of which are vested, and (iii) 5,298 shares of Common Stock purchased under the Issuer's Employee Stock Purchase Plan. | SEC |
| 2026-07-29 | 2026-07-31 | Griggs Pc Nelson | Pres. Capital Access Platforms | $1,1M | S — Venta en mercado abierto2 notas del Formulario 4 (texto original de la SEC, en inglés)F1 The price reported in this box is a weighted average price. These shares were sold in multiple transactions at prices ranging from $96.17 to $96.43, inclusive. The reporting person undertakes to provide to the Issuer, any of its security holders, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. F2 Represents (i) 55,950 shares or units of restricted stock, of which 20,746 are vested and (ii) 149,051 shares of Common Stock underlying PSUs, 136,209 of which are vested. | SEC |
| 2026-07-27 | 2026-07-28 | Griggs Pc Nelson | Pres. Capital Access Platforms | $1,0M | S — Venta en mercado abierto2 notas del Formulario 4 (texto original de la SEC, en inglés)F1 The price reported in this box is a weighted average price. These shares were sold in multiple transactions at prices ranging from $93.83 to $94.10, inclusive. The reporting person undertakes to provide to the Issuer, any of its security holders, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. F2 Represents (i) 66,960 shares or units of restricted stock, of which 31,756 are vested and (ii) 149,051 shares of Common Stock underlying PSUs, 136,209 of which are vested. | SEC |
| 2026-04-28 | 2026-04-30 | Peterson Bradley J | EVP, CIO | $700k | S — Venta en mercado abiertoNota del Formulario 4 (texto original de la SEC, en inglés)F1 Represents (i) 64,377 shares or units of restricted stock, 38,372 of which are vested, (ii) 71,618 shares of Common Stock underlying PSUs, 61,986 of which are vested, and (iii) 5,040 shares ofCommon Stock purchased under the Issuer's Employee Stock Purchase Plan. | SEC |
| 2026-07-24 | 2026-07-28 | Griggs Pc Nelson | Pres. Capital Access Platforms | $627k | S — Venta en mercado abierto | SEC |
| 2026-08-07 | 2026-08-11 | Peterson Bradley J | EVP, CIO | $573k | S — Venta en mercado abiertoNota del Formulario 4 (texto original de la SEC, en inglés)F1 Represents (i) 64,377 shares or units of restricted stock, 38,372 of which are vested, (ii) 52,618 shares of Common Stock underlying PSUs, 42,986 of which are vested, and (iii) 5,298 shares of Common Stock purchased under the Issuer's Employee Stock Purchase Plan. | SEC |
| 2026-03-02 | 2026-03-04 | Smith Bryan Everard | EVP, CPO | $523k | S — Venta en mercado abierto (programada 10b5-1)3 notas del Formulario 4 (texto original de la SEC, en inglés)F1 The reported sale was effected pursuant to a Rule 10b5-1(c) trading plan adopted on August 29, 2025. F2 The price reported in this box is a weighted average price. These shares were sold in multiple transactions at prices ranging from $85.96 to $87.82, inclusive. The reporting person undertakes to provide to the Issuer, any of its security holders, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. F3 Represents (i) 20,871 shares or units of restricted stock, of which 1,465 are vested, (ii) 45,366 shares of Common Stock underlying PSUs, 37,340 of which are vested, and (iii) 4,623 shares of Common Stock purchased under the Issuer's Employee Stock Purchase Plan. | SEC |
| 2026-05-18 | 2026-05-20 | Griggs Pc Nelson | Pres. Capital Access Platforms | $472k | S — Venta en mercado abiertoNota del Formulario 4 (texto original de la SEC, en inglés)F1 Represents (i) 77,970 shares or units of restricted stock, of which 42,766 are vested and (ii) 155,828 shares of Common Stock underlying PSUs, 142,986 of which are vested. | SEC |
| 2026-01-06 | 2026-01-08 | Zecca John | EVP, Global CLO | $450k | S — Venta en mercado abierto (programada 10b5-1)2 notas del Formulario 4 (texto original de la SEC, en inglés)F1 The reported sale was effected pursuant to a Rule 10b5-1(c) trading plan adopted on September 8, 2025. F2 Represents (i) 22,271 shares or units of restricted stock, of which 2,152 are vested and (ii) 103,403 shares of Common Stock underlying PSUs, all of which are vested. | SEC |
| 2025-12-01 | 2025-12-03 | Smith Bryan Everard | EVP, CPO | $420k | S — Venta en mercado abierto (programada 10b5-1)2 notas del Formulario 4 (texto original de la SEC, en inglés)F1 The reported sale was effected pursuant to a Rule 10b5-1(c) trading plan adopted on August 29, 2025. F2 Represents (i) 20,871 shares or units of restricted stock, of which 1,465 are vested, (ii) 32,176 shares of Common Stock underlying PSUs, all of which are vested, and (iii) 4,623 shares of Common Stock purchased under the Issuer's Employee Stock Purchase Plan. | SEC |
| 2026-02-19 | 2026-02-23 | Daly Michelle Lynn | SVP, Controller & PAO | $353k | S — Venta en mercado abiertoNota del Formulario 4 (texto original de la SEC, en inglés)F1 Represents (i) 7,212 shares or units of restricted stock, of which 0 are vested, (ii) 1,764 shares of Common Stock underlying PSUs, none of which are vested, and (iii) 1,667 shares of Common Stock purchased under the Issuer's Employee Stock Purchase Plan. | SEC |
| 2026-08-10 | 2026-08-12 | Griggs Pc Nelson | Pres. Capital Access Platforms | $310k | S — Venta en mercado abiertoNota del Formulario 4 (texto original de la SEC, en inglés)F1 Represents (i) 52,724 shares or units of restricted stock, of which 17,520 are vested and (ii) 149,051 shares of Common Stock underlying PSUs, 136,209 of which are vested. | SEC |
El saldo del período: cuánto dinero entra y cuánto sale
En los Formularios 4 presentados entre el 4 sept 2025 y el 14 oct 2026, el mercado abierto de Nasdaq, Inc. suma 3 compras por $21,7M y 29 ventas por $87,2M. El saldo es de $65,6M a favor de las ventas.
Solo cuentan los códigos P y S, donde el directivo pone o saca su propio dinero. Que el saldo de Nasdaq, Inc. salga vendedor es lo habitual en el S&P 500, donde buena parte del sueldo se cobra en acciones. No es una recomendación de comprar ni de vender: es lo que se declaró.
Todas las transacciones, código por código
| Código | Qué significa | Operaciones | Importe declarado |
|---|---|---|---|
| F | Retención fiscal (acciones entregadas por impuestos) | 30 | $24,0M |
| S | Venta en mercado abierto | 29 | $87,2M |
| A | Adjudicación o premio de acciones | 28 | $0 |
| M | Ejercicio de opciones | 4 | $17,9M |
| G | Regalo o donación | 3 | $0 |
| P | Compra en mercado abierto | 3 | $21,7M |
| Total | Todo lo declarado en el período | 97 | $150,9M |
31 de las 97 filas no traen un importe utilizable en el Formulario 4: cuentan como operación y suman $0. Las etiquetas son las del índice de códigos de la SEC.
Quién ha operado
En los 15 meses del histórico han declarado operaciones de Nasdaq, Inc. 21 personas o entidades distintas. De ellas, 2 compraron en mercado abierto y 8 vendieron. Se cuentan por su CIK, el número fijo que la SEC da a cada declarante, y no por el nombre, que cada uno escribe a su manera.
De los 8 que vendieron en mercado abierto (29 ventas en total), los tres que más vendieron suman $82,0M de los $87,2M: el 94% del dinero en tres personas.
| Declarante | Cargo | Transacciones | Comprado (nº) | Vendido (nº) | Última declarada |
|---|---|---|---|---|---|
| Friedman Adena T | Chair and CEO | 14 | — | $76,1M (4) | 2026-04-07 |
| Investor Ab, Innax Ab | Accionista >10% | 2 | $20,7M (2) | — | 2026-06-15 |
| Griggs Pc Nelson | Pres. Capital Access Platforms | 10 | — | $3,5M (5) | 2026-08-12 |
| Peterson Bradley J | EVP, CIO | 8 | — | $2,5M (3) | 2026-08-11 |
| Smith Bryan Everard | EVP, CPO | 10 | — | $1,6M (5) | 2026-08-05 |
| Tal Cohen | Pres. Market Platforms | 6 | — | $1,4M (1) | 2026-04-29 |
| Skule Jeremy | EVP, CSO | 16 | — | $1,3M (8) | 2026-10-14 |
| Torgeby Johan | Consejero | 3 | $958k (1) | — | 2026-06-12 |
Se enseñan los 8 que más dinero movieron, de 21. Los demás están en el histórico completo, que se abre con el enlace de arriba. El nombre lleva a todas sus operaciones, en cualquier empresa. «Transacciones» cuenta cualquier código; el dinero, solo mercado abierto. Cargo: el de su última declaración.
Mes a mes
Por el mes en que se operó, no en el que se presentó el formulario; los meses sin operaciones van a cero. El mes con más movimiento fue jul 2026: 0 compras y 5 ventas, por $4,2M. 1 de los 15 meses no tienen ninguna.
| Mes | Compras | Importe | Ventas | Importe |
|---|---|---|---|---|
| ago 2025 | 0 | $0 | 0 | $0 |
| sept 2025 | 0 | $0 | 1 | $196k |
| oct 2025 | 0 | $0 | 1 | $186k |
| nov 2025 | 0 | $0 | 1 | $180k |
| dic 2025 | 0 | $0 | 2 | $610k |
| ene 2026 | 0 | $0 | 2 | $29,4M |
| feb 2026 | 2 | $16,8M | 2 | $29,4M |
| mar 2026 | 0 | $0 | 2 | $8,9M |
| abr 2026 | 0 | $0 | 4 | $11,9M |
| may 2026 | 0 | $0 | 1 | $472k |
| jun 2026 | 1 | $4,9M | 1 | $261k |
| jul 2026 | 0 | $0 | 5 | $4,2M |
| ago 2026 | 0 | $0 | 4 | $1,2M |
| sept 2026 | 0 | $0 | 2 | $213k |
| oct 2026 | 0 | $0 | 1 | $106k |
El último mes puede ir incompleto: el Formulario 4 se presenta hasta dos días hábiles después. La tabla no dice si el patrón es bueno o malo; dice cuándo pasó.
Ficha de análisis de Nasdaq, Inc. (NDAQ) →
Otras empresas de Servicios financieros con operaciones de directivos
Están las 500 en el índice de la sección →
Qué directivos están comprando acciones de su propia empresa →
Cómo leer estos datos
7 de las 17 ventas de la tabla van marcadas como programadas (plan 10b5-1): se firman con meses de antelación y se ejecutan solas, así que no dicen lo que el directivo piensa hoy. Las 3 compras en mercado abierto (código P) de Nasdaq son la señal rara: los directivos ya cobran en acciones, y comprar más es poner dinero propio. La última presentación es del 14 oct 2026, y el Formulario 4 llega hasta dos días hábiles después de operar.
19 de las 20 filas de la tabla llevan notas al pie del propio Formulario 4, plegadas en la columna del código y copiadas tal cual, en inglés; una fila sin nota es que el formulario no la trae.
Guía: Compras de directivos · todas las guías
Lo que hay detrás de estas operaciones
Los conceptos de esta página, explicados desde cero en la Academia. Gratis y sin cuenta.
- Qué dice y qué NO dice la hipótesis de eficienciaSi la compra de un directivo es pública y cualquiera puede leerla, ¿queda información dentro? Es la pregunta exacta que trae a esta página.
- Quién mueve realmente el mercado: los tipos de inversoresQuién hay al otro lado de cada orden, y qué sitio ocupan entre ellos los directivos de la propia empresa.
- Oferta, demanda y el precio: por qué sube y baja constantementeCómo acaba una noticia metida en el precio, y por qué la reacción a una venta declarada rara vez es la que uno esperaría.
Fuente: SEC EDGAR Formulario 4. Esto es una lista de hechos públicos, no asesoramiento financiero ni una recomendación de compra o venta.