---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-107541"
form_type: "8-K"
ticker: "ICE"
cik: "0001571949"
company_name: "Intercontinental Exchange, Inc."
filed_at: "2023-10-06T23:59:59+00:00"
generated_at: "2026-06-10T03:26:39.759921+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# ICE grants performance-based PSU awards to top executives after Black Knight close

## Summary
- CEO Sprecher receives 73,374 PSUs, CFO Gardiner 27,515, President Jackson 73,374; others also granted.
- Awards tied to $325M–$370M combined expense and revenue synergies from Black Knight acquisition.
- Performance periods end Dec 31, 2026, 2027, 2028; earned units vest Feb 2027/2028/2029 with one-year holding requirement.
- PSU earnout ranges 0% (below $325M) to 125% (at or above $370M); target $340M.
- Unvested units forfeit on employment termination except in case of death, where vesting accelerates.

## SEC filing metadata
- accession: 0001104659-23-107541
- form_type: 8-K
- ticker: ICE
- cik: 0001571949
- company_name: Intercontinental Exchange, Inc.
- filed_at: 2023-10-06T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1571949/000110465923107541/0001104659-23-107541-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1571949/000110465923107541/tm2327936d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-107541
- JSON: https://secwatch.observer/filing/0001104659-23-107541.json
- Plain text: https://secwatch.observer/filing/0001104659-23-107541.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.