MediaAlpha (NYSE: MAX) holder plans Rule 144 sale of 12,000 common shares
Rhea-AI Filing Summary
MediaAlpha, Inc. insider plans to sell common stock under Rule 144. A holder has filed notice to sell 12,000 shares of MediaAlpha common stock through Charles Schwab & Co., Inc. on the NYSE, with an aggregate market value of $161,870.00. The filing states that 56,868,573 shares of MediaAlpha common stock were outstanding at the time of the notice, providing context for the planned sale size.
The 12,000 shares to be sold were acquired as equity compensation through restricted stock lapses on 07/30/2022 and 08/15/2022, in amounts of 6,670 and 5,330 shares, respectively, from MediaAlpha, Inc. This notice is required under SEC Rule 144 when an affiliate or large holder intends to sell restricted or control securities into the public market.
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FAQ
What does this Form 144 filing for MediaAlpha (MAX) disclose?
The filing discloses that a holder of MediaAlpha, Inc. common stock intends to sell 12,000 shares under SEC Rule 144 on the NYSE through Charles Schwab & Co., Inc., with an aggregate market value of $161,870.00.