MediaAlpha (MAX) insider files to sell 24,000 NYSE-listed shares under Rule 144
Rhea-AI Filing Summary
MediaAlpha, Inc. insider plans to sell common shares under Rule 144. A notice covers the proposed sale of 24,000 shares of common stock through Charles Schwab & Co., Inc. with an aggregate market value of $261,434.00. The shares relate to restricted stock that vested on May 15, 2025 (15,353 shares) and August 15, 2025 (8,647 shares) as equity compensation from MediaAlpha, Inc.
The filing lists prior sales of MediaAlpha, Inc. securities over the past three months by Steven Yi, generally in blocks of 8,000 shares on multiple trading days, each with stated gross proceeds. The notice also states that the person on whose behalf the sale is made represents that they are not aware of any undisclosed material adverse information about MediaAlpha’s current or future operations. The planned sale is for shares listed on the NYSE, with 56,868,573 shares outstanding noted in the filing.
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FAQ
What does MediaAlpha (MAX) disclose in this Form 144 filing?
The filing is a notice of proposed sale of 24,000 MediaAlpha, Inc. common shares under Rule 144, detailing the broker, acquisition history, and recent prior sales.
How many MediaAlpha (MAX) shares are planned to be sold and through which broker?
The notice covers a proposed sale of 24,000 shares of MediaAlpha, Inc. common stock through Charles Schwab & Co., Inc., with an aggregate market value of $261,434.00.
How were the MediaAlpha (MAX) shares being sold under Rule 144 acquired?
The securities were acquired as equity compensation via restricted stock lapse from MediaAlpha, Inc. on May 15, 2025 (15,353 shares) and August 15, 2025 (8,647 shares).
What prior sales of MediaAlpha (MAX) securities are reported in the last three months?
The filing lists multiple sales by Steven Yi of MediaAlpha, Inc. securities over the past three months, typically 8,000 shares per transaction on numerous dates, each with stated gross proceeds.
What does the filer represent about MediaAlpha (MAX) in this Rule 144 notice?
The person for whose account the securities are to be sold represents that they do not know of any material adverse information about MediaAlpha, Inc.’s current or prospective operations that has not been publicly disclosed.
How many MediaAlpha (MAX) shares are outstanding according to the notice?
The notice states that 56,868,573 shares of MediaAlpha, Inc. common stock were outstanding at the time referenced in the filing.
On which exchange are the MediaAlpha (MAX) shares in this Form 144 traded?
The common shares covered by the notice are listed for trading on the NYSE.