NASDAQ, INC. (NDAQ) Insider Transactions

Reported filing row; may be amended. Do not sum filings blindly.

F1 Represents an award of Restricted Stock Units (RSUs) granted pursuant to the Issuer's Equity Incentive Plan. Each unit represents a contingent right to receive one share of the Issuer's Common Stock. The entirety of the RSUs vest on June 10, 2027.

F2 Represents the surrender of shares to pay withholding taxes in connection with a vesting of equity previously granted under Nasdaq's Equity Incentive Plan.

F3 Represents 146,917 RSUs granted pursuant to Nasdaq's Equity Incentive Plan, of which 142,766 are vested as of the filing date of this Form 4.

References: F2, F3

Reported filing row; may be amended. Do not sum filings blindly.

F1 Represents an award of Restricted Stock Units (RSUs) granted pursuant to the Issuer's Equity Incentive Plan. Each unit represents a contingent right to receive one share of the Issuer's Common Stock. The entirety of the RSUs vest on June 10, 2027.

F2 Represents 13,399 RSUs granted pursuant to Nasdaq's Equity Incentive Plan, of which 10,401 are vested as of the filing date of this Form 4.

F3 Because such restricted stock are held by the reporting person for the benefit of Thoma Bravo, L.P., the reporting person disclaims beneficial ownership of and all right, title, and interest in the restricted stock reported or referenced herein and the filing of this statement shall not be deemed an admission that the reporting person is, for purposes of Section 16 of the Securities Exchange Act of 1934 or otherwise, the beneficial owner of the reported securities.

References: F1, F2, F3

Reported filing row; may be amended. Do not sum filings blindly.

F1 Represents an award of Restricted Stock Units (RSUs) granted pursuant to the Issuer's Equity Incentive Plan. Each unit represents a contingent right to receive one share of the Issuer's Common Stock. The entirety of the RSUs vest on June 10, 2027.

F2 Represents 22,959 RSUs granted pursuant to Nasdaq's Equity Incentive Plan, of which 18,347 are vested as of the filing date of this Form 4.

F3 Reflects shares held in a revocable family trust, of which the reporting person is the trustee.

References: F1, F2

Reported filing row; may be amended. Do not sum filings blindly.

F1 Represents an award of Restricted Stock Units (RSUs) granted pursuant to the Issuer's Equity Incentive Plan. Each unit represents a contingent right to receive one share of the Issuer's Common Stock. The entirety of the RSUs vest on June 10, 2027.

F2 Represents 48,999 RSUs granted pursuant to Nasdaq's Equity Incentive Plan, of which 46,001 shares are vested as of the filing date of this Form 4.

References: F1, F2

Reported filing row; may be amended. Do not sum filings blindly.

F1 Represents an award of Restricted Stock Units (RSUs) granted pursuant to the Issuer's Equity Incentive Plan. Each unit represents a contingent right to receive one share of the Issuer's Common Stock. The entirety of the RSUs vest on June 10, 2027.

F2 Represents 10,743 RSUs granted pursuant to Nasdaq's Equity Incentive Plan, of which 7,572 are vested as of the filing date of this Form 4.

References: F1, F2

Reported filing row; may be amended. Do not sum filings blindly.

F1 Represents an award of Restricted Stock Units (RSUs) granted pursuant to the Issuer's Equity Incentive Plan. Each unit represents a contingent right to receive one share of the Issuer's Common Stock. The entirety of the RSUs vest on June 10, 2027.

F2 Represents 55,739 RSUs granted pursuant to Nasdaq's Equity Incentive Plan, of which 51,242 are vested as of the filing date of this Form 4 and, (ii) 2,542 shares of common stock acquired through open market purchases.

References: F1, F2

Reported filing row; may be amended. Do not sum filings blindly.

F1 Represents an award of Restricted Stock Units (RSUs) granted pursuant to the Issuer's Equity Incentive Plan. Each unit represents a contingent right to receive one share of the Issuer's Common Stock. The entirety of the RSUs vest on June 10, 2027.

F2 Represents (i) 30,559 granted pursuant to Nasdaq's Equity Incentive Plan, of which 26,005 are vested as of the filing date of this Form 4 and, (ii) 6,000 shares of common stock acquired through open market purchases.

F3 Reflects shares held by a family trust of which the reporting person is trustee and beneficiary.

References: F1, F2

Reported filing row; may be amended. Do not sum filings blindly.

F1 Represents an award of Restricted Stock Units (RSUs) granted pursuant to the Issuer's Equity Incentive Plan. Each unit represents a contingent right to receive one share of the Issuer's Common Stock. The entirety of the RSUs vest on June 10, 2027.

F2 Represents 23,469 RSUs granted pursuant to Nasdaq's Equity Incentive Plan, of which 20,471 are vested as of the filing date of this Form 4.

References: F1, F2

Reported filing row; may be amended. Do not sum filings blindly.

F1 Represents an award of Restricted Stock Units (RSUs) granted pursuant to the Issuer's Equity Incentive Plan. Each unit represents a contingent right to receive one share of the Issuer's Common Stock. The entirety of the RSUs vest on June 10, 2027.

F2 Represents 55,515 RSUs granted pursuant to Nasdaq's Equity Incentive Plan, of which 51,191 are vested as of the filing date of this Form 4.

References: F1, F2

Reported filing row; may be amended. Do not sum filings blindly.

F1 Represents an award of Restricted Stock Units (RSUs) granted pursuant to the Issuer's Equity Incentive Plan. Each unit represents a contingent right to receive one share of the Issuer's Common Stock. The entirety of the RSUs vest on June 10, 2027.

F2 Represents 217,988 RSUs granted pursuant to Nasdaq's Equity Incentive Plan, of which 212,742 are vested as of the filing date of this Form 4.

F3 Reflects shares gifted by the reporting person to family trusts, of which the reporting person is a trustee.

References: F1, F2

Reported filing row; may be amended. Do not sum filings blindly.

F1 Represents an award of Restricted Stock Units (RSUs) granted pursuant to the Issuer's Equity Incentive Plan. Each unit represents a contingent right to receive one share of the Issuer's Common Stock. The entirety of the RSUs vest on June 10, 2027.

F2 Represents the surrender of shares to pay withholding taxes in connection with a vesting of equity previously granted under Nasdaq's Equity Incentive Plan.

F3 Represents (i) 17,495 RSUs granted pursuant to Nasdaq's Equity Incentive Plan, of which 14,497 are vested as of the filing date of this Form 4 and, (ii) 26,000 shares of common stock acquired through open market purchases.

References: F1

Reported filing row; may be amended. Do not sum filings blindly.

F1 Represents an award of Restricted Stock Units (RSUs) granted pursuant to the Issuer's Equity Incentive Plan. Each unit represents a contingent right to receive one share of the Issuer's Common Stock. The entirety of the RSUs vest on June 10, 2027.

F2 Represents the surrender of shares to pay withholding taxes in connection with a vesting of equity previously granted under Nasdaq's Equity Incentive Plan.

F3 Represents 146,917 RSUs granted pursuant to Nasdaq's Equity Incentive Plan, of which 142,766 are vested as of the filing date of this Form 4.

References: F1

Reported filing row; may be amended. Do not sum filings blindly.

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.

References: F1