Nasdaq President Nelson Griggs Sells 3,226 Shares for $310,212, Trimming Stake by 2%
Updated
Updated · Yahoo Finance · Aug 18
Nasdaq President Nelson Griggs Sells 3,226 Shares for $310,212, Trimming Stake by 2%
1 articles · Updated · Yahoo Finance · Aug 18
Summary
$310,212 worth of Nasdaq stock was sold by Capital Access Platforms President Nelson Griggs on Aug. 10 at a weighted average price of $96.16 a share.
The disposal covered 3,226 directly held shares and reduced his direct position by about 2%, indicating a limited liquidity move rather than a major exit.
Griggs still held 201,775 directly owned shares after the sale, valued at about $19.29 million based on Nasdaq's Aug. 10 closing price of $95.62.
That remaining stake includes 52,724 restricted stock units and 149,051 performance-based units, leaving his equity exposure tied to Nasdaq's future performance.
Nasdaq shares closed at $95.02 on Aug. 11 after ending Aug. 10 at $95.62, with the stock down about 1% over the prior year.