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8-K ·Filed Oct 26, 2026

NDAQ

NASDAQ, INC.
NEUTRAL
Impact 2/10
Horizonimmediate Processed1d 20h ago SEC0001193125-26-431976
8-K context-dependent: Items 5.02
Actionable Insight • Neutral

Monitor for any strategic shifts given Ekholm's technology and telecom background, but this is a standard board refresh with no immediate financial implications.

DirectionNeutral
Confidencehigh
Horizonimmediate

Price Chart

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Executive Summary

Nasdaq appointed former Ericsson CEO Borje Ekholm to its board effective November 1, 2026, and director Holden Spaht (who joined via the Adenza acquisition) will resign effective December 31, 2026. The filing is a routine board change with no financial impact.

Key Facts

  • Borje Ekholm elected to Nasdaq board effective November 1, 2026, to serve until the 2027 annual meeting
  • Ekholm is former President and CEO of Ericsson and previously served on Nasdaq's board from 2011 to 2016, including as Chair
  • Ekholm will serve on the Audit & Risk Committee and is deemed an independent director
  • Holden Spaht notified Nasdaq of his resignation from the board effective December 31, 2026; resignation not due to any disagreement
  • Spaht joined the board in November 2023 following the acquisition of Adenza
  • An immediate family member of Ekholm is employed by Nasdaq in a non-officer role and received over $120,000 in total compensation from fiscal 2025 through the filing date

Financial Impact

No financial impact; routine board composition change

Risk Factors

  • No material risks identified from this filing

Market Snapshot

Exchange
Nasdaq
Sector
Security & Commodity Brokers, Dealers, Exchanges & Services
Analyst Consensus
88% bullish (24 analysts)

Investment Themes

Traditional Finance

Documents Analyzed

This report is based on 5 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001193125-26-431976
Document: d285447dex991.htm0001193125-26-431976
Document: 0001193125-26-431976-index-headers.html0001193125-26-431976
Document: 0001193125-26-431976-index.html0001193125-26-431976
Document: 0001193125-26-431976.txt0001193125-26-431976
42 reports for NDAQ
Performance horizon
100% Hit rate @ T+60 4 of 4 directional calls Went positive at some point 5 of 6 best @ T+5▲ +10.48%Oct 15, 2026
Filters
Rows
Reports for NDAQ, sortable and filterable
TypeNow
Oct 27, 2026
today
Institutional Cluster
MIXED ★ 3/10
$105.00awaiting T+60awaiting T+60$104.99 (−0.01%)
Oct 27, 2026
today
SC 13G/A
NEUTRAL ★ 3/10
$105.00awaiting T+60awaiting T+60$104.99 (−0.01%)
Oct 27, 2026
today
144
NEUTRAL ★ 2/10
$105.00awaiting T+60awaiting T+60$104.99 (−0.01%)
Oct 27, 2026
today
Insider Cluster
NEUTRAL ★ 3/10
$104.36awaiting T+60awaiting T+60$104.99 (+0.60%)
Oct 26, 2026
1d ago
8-K
NEUTRAL ★ 2/10
$104.87awaiting T+60awaiting T+60$104.99 (+0.12%)
Oct 26, 2026
1d ago
Press Release
NEUTRAL ★ 2/10
$104.72awaiting T+60awaiting T+60$104.99 (+0.26%)
Oct 23, 2026
4d ago
144
NEUTRAL ★ 2/10
$104.72awaiting T+60awaiting T+60$104.99 (+0.26%)
Oct 22, 2026
6d ago
8-K
MIXED ★ 5/10
$103.30awaiting T+60awaiting T+60$104.99 (+1.64%)
Oct 22, 2026
6d ago
Press Release
NEUTRAL ★ 2/10
$103.30awaiting T+60awaiting T+60$104.99 (+1.64%)
Oct 21, 2026
6d ago
Press Release
NEUTRAL ★ 2/10
$103.30awaiting T+60awaiting T+60$104.99 (+1.64%)
Showing 10 of 42

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Report published Oct 26, 2026