Stock Trading Canary

United States · SEC Form 4 · Snapshot date: 2026-10-19 · Built: 2026-10-19 · 中文

← United States · Coverage record

US · SEC FORM 4

NASDAQ, INC.

NDAQ · Nasdaq · CIK 0001120193 · Financial Services · Financial Data & Stock Exchanges

INSIDER SIGNAL

No active buy signal

1 qualifying P purchase group
in the current 180-day scoring window

33 Form 4 transaction lines observed in the same window
18 sales · 14 option, withholding, award, gift or other lines

Last qualifying purchase2026-06-11 · INVESTOR AB; Innax AB · $4.9M

WHY NO ACTIVE SIGNAL?

Purchase activityPresent
Recent buying1 qualifying line group(s)
Recent salesHigh
Buy signal statusInactive
Score anatomy

No score is calculated because there is no qualifying purchase in the active window. Unavailable inputs are not treated as zero or as a bearish signal.

ClusterNot calculated
Purchase sizeNot calculated
RoleNot calculated
RecencyNot calculated
ConvictionNot calculated

Why is there no score?

  • No qualifying open-market purchase supplies cluster, size, role, recency or conviction inputs.
  • Sales and other Form 4 activity remain visible as context and do not create a negative score.

Sales and other Form 4 activity are shown separately and do not create a negative buy signal. Absence of buying is not scored as bearish.

Purchase breadth & concentration

QUALIFYING BUYERS1
PURCHASE CONCENTRATION100%Largest buyer: INVESTOR AB; Innax AB · $4.9M
CLUSTER BUYING · 15D1 insiderPeak activity: 2026-06-11–2026-06-11

Roles in the peak window: TenPercentOwner. Concentration uses priced qualifying P lines only and does not change the saved score.

Insider activity timeline

Owner lanes show the latest 180 days. Symbol shape identifies the transaction type; sales remain context only.

AprMayJunJulAugSepOct
SKULE JEREMYEVP, CSO
▼▼▼○▼
Griggs PC NelsonPres. Capital Access Platforms
▼▼▼▼▼
Peterson Bradley JEVP, CIO
▼▼▼
Smith Bryan EverardEVP, CPO
▼▼▼
Torgeby JohanDirector
○○
Kazim EssaDirector
○○
● Purchase▼ Sale○ Other

Showing the six most active owners; 12 additional owner(s) remain in Form 4 evidence.

SIGNAL HISTORY

No recorded active-signal snapshot

Scores are archived only when the company qualifies for a published US buy-signal snapshot. Last qualifying purchase: 2026-06-11 · INVESTOR AB; Innax AB.

Recent Form 4 activity

3Purchases
28Sales
71Other Form 4 lines
69SEC filings · 365 days
BUYING1 qualifying P line(s) · 180 days
SELLING18 sale line(s) · context only
OTHER14 exercise / withholding / award / gift / other lines
10b5-1 / PLANNEDNot assessed

P is an open-market or private purchase. S is a sale. M, F, A and G usually describe exercises, tax withholding, awards and gifts. These categories remain visually separate.

Market context

Market context has not been captured for this ticker yet. The daily market-context job processes the US universe in rotating batches.

Short interest

Short interest is external context reported to FINRA by broker-dealers. It does not affect the Insider Signal.

Shares short
7,671,012
Previous report
7,482,822
Avg daily volume
3,566,710
Days to cover
2.1

FINRA settlement date: 2026-09-30 · Captured 2026-10-12 · FINRA equity short interest ↗. A share count, published about a week after each of two settlement dates a month; not a percentage of shares outstanding.

Historical equity purchases

Qualifying code P transactions in the local Form 4 history, including purchases outside the current signal window.

Transaction dateReporting ownerTypeSecuritySharesAvg. priceApprox. valueSource
2026-06-11INVESTOR AB; Innax ABPurchase (P)Common Stock56,782USD 85.98USD 4,882,116SEC filing ↗
2026-02-17Torgeby JohanPurchase (P)Common Stock, par value $0.01 per share12,000USD 79.86USD 958,320SEC filing ↗
2026-02-13INVESTOR ABPurchase (P)Common Stock200,000USD 79.18USD 15,836,000SEC filing ↗
2024-11-13ZOLLAR ALFRED WPurchase (P)Common Stock, par value $0.01 per share2,542USD 80.24USD 203,970SEC filing ↗
2023-10-23Torgeby JohanPurchase (P)Common Stock, par value $0.01 per share14,000USD 50.42USD 705,880SEC filing ↗
2023-08-03YABUKI JEFFERY WPurchase (P)Common Stock, par value $0.01 per share500USD 49.40USD 24,700SEC filing ↗
2023-07-31FRIEDMAN ADENA TPurchase (P)Common Stock, par value $0.01 per share10,000USD 51.00USD 510,000SEC filing ↗
2023-06-13BLACK STEVEN DPurchase (P)Common Stock, par value $0.01 per share4,000USD 51.46USD 205,840SEC filing ↗

Form 4 evidence

102 transaction lines in the latest 365-day window; 587 in local history.

DateOwnerTypeSecuritySharesAvg. priceApprox. valueSource
2026-10-12SKULE JEREMYSale (S)Common Stock, par value $0.01 per share1,125USD 94.13USD 105,896SEC filing ↗
2026-10-01SKULE JEREMYTax withholding (F)Common Stock, par value $0.01 per share1,262USD 92.01USD 116,117SEC filing ↗
2026-09-22SKULE JEREMYSale (S)Common Stock, par value $0.01 per share1,125USD 95.00USD 106,875SEC filing ↗
Show recent Form 4 evidence (30 grouped rows)
DateOwnerTypeSecuritySharesAvg. priceApprox. valueSource
2026-10-12SKULE JEREMYSale (S)Common Stock, par value $0.01 per share1,125USD 94.13USD 105,896SEC filing ↗
2026-10-01SKULE JEREMYTax withholding (F)Common Stock, par value $0.01 per share1,262USD 92.01USD 116,117SEC filing ↗
2026-09-22SKULE JEREMYSale (S)Common Stock, par value $0.01 per share1,125USD 95.00USD 106,875SEC filing ↗
2026-09-10SKULE JEREMYSale (S)Common Stock, par value $0.01 per share1,125USD 94.22USD 105,998SEC filing ↗
2026-08-10SKULE JEREMYSale (S)Common Stock, par value $0.01 per share2,250USD 94.75USD 213,188SEC filing ↗
2026-08-10Griggs PC NelsonSale (S)Common Stock, par value $0.01 per share3,226USD 96.16USD 310,212SEC filing ↗
2026-08-07Peterson Bradley JSale (S)Common Stock, par value $0.01 pershare6,000USD 95.55USD 573,300SEC filing ↗
2026-08-03Smith Bryan EverardSale (S)Common Stock, par value $0.01 per share1,556USD 95.07USD 147,929SEC filing ↗
2026-07-29Griggs PC NelsonSale (S)Common Stock, par value $0.01 per share11,010USD 96.35USD 1,060,814SEC filing ↗
2026-07-27Griggs PC NelsonSale (S)Common Stock, par value $0.01 per share11,010USD 93.96USD 1,034,500SEC filing ↗
2026-07-24Peterson Bradley JSale (S)Common Stock, par value $0.01 pershare13,000USD 92.61USD 1,203,930SEC filing ↗
2026-07-24Griggs PC NelsonSale (S)Common Stock, par value $0.01 per share6,777USD 92.53USD 627,076SEC filing ↗
2026-07-01Smith Bryan EverardSale (S)Common Stock, par value $0.01 per share3,000USD 80.00USD 240,000SEC filing ↗
2026-06-11Smith Bryan EverardSale (S)Common Stock, par value $0.01 per share3,000USD 86.91USD 260,730SEC filing ↗
2026-06-11INVESTOR AB; Innax ABPurchase (P)Common Stock56,782USD 85.98USD 4,882,116SEC filing ↗
2026-06-11Torgeby JohanTax withholding (F)Common Stock, par value $0.01 per share300USD 86.72USD 26,016SEC filing ↗
2026-06-11Kazim EssaTax withholding (F)Common Stock, par value $0.01 per share622USD 86.72USD 53,940SEC filing ↗
2026-06-10ZOLLAR ALFRED WAward / grant (A)Common Stock, par value $0.01 per share4,497USD 0.00USD 0SEC filing ↗
2026-06-10YABUKI JEFFERY WAward / grant (A)Common Stock, par value $0.01 per share4,612USD 0.00USD 0SEC filing ↗
2026-06-10Townes-Whitley ToniAward / grant (A)Common Stock, par value $0.01 per share2,998USD 0.00USD 0SEC filing ↗
2026-06-10Torgeby JohanAward / grant (A)Common Stock, par value $0.01 per share2,998USD 0.00USD 0SEC filing ↗
2026-06-10SPLINTER MICHAEL RAward / grant (A)Common Stock, par value $0.01 per share5,246USD 0.00USD 0SEC filing ↗
2026-06-10SPAHT PAUL HOLDEN JR.Award / grant (A)Common Stock, par value $0.01 per share2,998USD 0.00USD 0SEC filing ↗
2026-06-10Koch Kathryn A.Award / grant (A)Common Stock, par value $0.01 per share3,171USD 0.00USD 0SEC filing ↗
2026-06-10Kazim EssaAward / grant (A)Common Stock, par value $0.01 per share4,151USD 0.00USD 0SEC filing ↗
2026-06-10KLOET THOMAS AAward / grant (A)Common Stock, par value $0.01 per share4,554USD 0.00USD 0SEC filing ↗
2026-06-10BEGLEY CHARLENE TAward / grant (A)Common Stock, par value $0.01 per share2,998USD 0.00USD 0SEC filing ↗
2026-06-10ARNOLDI MELISSAAward / grant (A)Common Stock, par value $0.01 per share4,324USD 0.00USD 0SEC filing ↗
2026-05-18Griggs PC NelsonSale (S)Common Stock, par value $0.01 per share5,093USD 92.62USD 471,714SEC filing ↗
2026-04-28Peterson Bradley JSale (S)Common Stock, par value $0.01 pershare7,710USD 90.82USD 700,222SEC filing ↗

Multiple price lines in one filing are grouped and share-weighted. Price and value are blank when a grouped filing line lacks price evidence.

Snapshot & identity

Snapshot date2026-10-19
Ranking versionUS-v1.2
Data qualityPASS ELIGIBLE · —
TickerNDAQ
CIK0001120193
SectorFinancial Services
IndustryFinancial Data & Stock Exchanges Yahoo Finance
SEC SIC6200 Security & Commodity Brokers, Dealers, Exchanges & Services
ExchangeNasdaq

Data coverage

Local Form 4 history587 transaction lines from 2020-02-03 to 2026-10-12
8 P purchase lines · 160 S sale lines · 419 other lines
SEC company submissionsOpen SEC filings ↗

Local ledger as of 2026-10-19. Mapping status is an audit field and does not erase SEC filing evidence.