{"schema_version":"secwatch.filing_event.v1","accession":"0001193125-25-053028","form_type":"8-K","ticker":"NDAQ","cik":"0001120193","company_name":"NASDAQ, INC.","filed_at":"2025-03-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:02.971299+00:00","generated_at":"2026-05-24T22:02:37.553752+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Nasdaq enters new employment agreements with CEO Friedman, President Cohen, and CIO Peterson","bullets":["CEO Adena Friedman's agreement runs through Jan 1, 2030; base salary $1.4M, target bonus 300%, 2025 equity award at least $15M.","President Tal Cohen's agreement runs through Jan 1, 2030; base $750k, target bonus 200%, plus one-time $7M equity grant.","CIO Bradley Peterson's agreement runs through Jan 1, 2028; base $650k, target bonus 175%, 2025 equity award $3.2M.","All agreements include enhanced severance for qualifying termination and change-in-control protection.","Executives may give 12-month retirement notice: Friedman after Dec 31, 2027; Cohen after Jan 1, 2027; Peterson after Dec 31, 2026."],"urls":{"canonical":"https://secwatch.observer/filing/0001193125-25-053028","json":"https://secwatch.observer/filing/0001193125-25-053028.json","markdown":"https://secwatch.observer/filing/0001193125-25-053028.md","text":"https://secwatch.observer/filing/0001193125-25-053028.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1120193/000119312525053028/0001193125-25-053028-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1120193/000119312525053028/d937707d8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-24T22:02:37.553752+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}