MediaAlpha (NYSE: MAX) insider files to sell 24,000 shares via Rule 144

Rhea-AI Filing Summary

MediaAlpha, Inc. insider plans new stock sale under Rule 144. A Form 144 notice reports an intended sale of 24,000 shares of MediaAlpha common stock through Charles Schwab & Co., Inc. on the NYSE, with an aggregate market value of $308,604.00. The shares relate to restricted stock that lapsed on 11/15/2025 and were acquired from MediaAlpha, Inc. as equity compensation. The notice states that 56,868,573 shares of the issuer’s common stock are outstanding. It also lists prior sales during the past three months, including several transactions of 8,000 shares each of MediaAlpha, Inc. stock with individual gross proceeds such as $98,516.00 on 11/17/2025.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Charles Schwab & Co., Inc. 3000 Schwab Way Westlake TX 76262	24000	308604.00	56868573	12/22/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	11/15/2025	Restricted Stock Lapse	MediaAlpha, Inc.			24000	11/15/2025	Equity Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
Steven Yi 700 SOUTH FLOWER STREET SUITE 640 LOS ANGELES CA 90017	MediaAlpha, Inc.	11/17/2025	8000	98516.00
Steven Yi 700 SOUTH FLOWER STREET SUITE 640 LOS ANGELES CA 90017	MediaAlpha, Inc.	11/18/2025	8000	94766.00
Steven Yi 700 SOUTH FLOWER STREET SUITE 640 LOS ANGELES CA 90017	MediaAlpha, Inc.	11/19/2025	8000	93755.00
Steven Yi 700 SOUTH FLOWER STREET, SUITE 640 LOS ANGELES CA 90017	MediaAlpha, Inc.	11/24/2025	8000	95009.00
Steven Yi 700 SOUTH FLOWER STREET, SUITE 640 LOS ANGELES CA 90017	MediaAlpha, Inc.	11/25/2025	8000	95878.00
Steven Yi 700 SOUTH FLOWER STREET, SUITE 640 LOS ANGELES CA 90017	MediaAlpha, Inc.	11/26/2025	8000	99853.00
Steven Yi 700 SOUTH FLOWER STREET, SUITE 640 LOS ANGELES CA 90017	MediaAlpha, Inc.	12/01/2025	8000	100803.00
Steven Yi 700 SOUTH FLOWER STREET, SUITE 640 LOS ANGELES CA 90017	MediaAlpha, Inc.	12/02/2025	8000	100584.00
Steven Yi 700 SOUTH FLOWER STREET, SUITE 640 LOS ANGELES CA 90017	MediaAlpha, Inc.	12/03/2025	8000	106996.00
Steven Yi 700 SOUTH FLOWER STREET, SUITE 640 LOS ANGELES CA 90017	MediaAlpha, Inc.	12/08/2025	8000	104585.00
Steven Yi 700 SOUTH FLOWER STREET, SUITE 640 LOS ANGELES CA 90017	MediaAlpha, Inc.	12/09/2025	8000	106253.00
Steven Yi 700 SOUTH FLOWER STREET, SUITE 640 LOS ANGELES CA 90017	MediaAlpha, Inc.	12/10/2025	8000	107998.00
Steven Yi 700 SOUTH FLOWER STREET, SUITE 640 LOS ANGELES CA 90017	MediaAlpha, Inc.	12/15/2025	8000	103032.00
Steven Yi 700 SOUTH FLOWER STREET, SUITE 640 LOS ANGELES CA 90017	MediaAlpha, Inc.	12/16/2025	8000	101390.00
Steven Yi 700 SOUTH FLOWER STREET, SUITE 640 LOS ANGELES CA 90017	MediaAlpha, Inc.	12/17/2025	8000	102598.00

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does MediaAlpha (MAX) disclose in this Form 144 filing?

The notice discloses an intended sale of 24,000 shares of MediaAlpha, Inc. common stock under Rule 144, to be sold through Charles Schwab & Co., Inc. on the NYSE, with an aggregate market value of $308,604.00.

Who is selling MediaAlpha (MAX) shares and how were they acquired?

The seller is identified as an insider, Steven Yi. The 24,000 shares to be sold were acquired on 11/15/2025 via a restricted stock lapse from MediaAlpha, Inc., described as equity compensation.

How many MediaAlpha (MAX) shares are outstanding according to this notice?

The filing reports that 56,868,573 shares of MediaAlpha, Inc. common stock are outstanding as referenced in the securities information table.

What prior MediaAlpha (MAX) stock sales by the insider are listed for the past 3 months?

The notice lists multiple sales of 8,000 shares of MediaAlpha, Inc. stock on various dates, including 11/17/2025, 11/18/2025, and several dates through 12/17/2025, with individual gross proceeds such as $98,516.00, $94,766.00, and $93,755.00.

On which exchange and through which broker are the new MediaAlpha (MAX) shares expected to be sold?

The planned sale of 24,000 MediaAlpha common shares is indicated to occur on the NYSE through Charles Schwab & Co., Inc., located at 3000 Schwab Way, Westlake, TX 76262.

What is the approximate date of the planned MediaAlpha (MAX) stock sale?

The Form 144 indicates an approximate date of sale of 12/22/2025 for the 24,000 common shares of MediaAlpha, Inc.

What representation does the seller make about MediaAlpha (MAX) in this Form 144?

By signing the notice, the person for whose account the securities are to be sold represents that they do not know any material adverse information regarding MediaAlpha’s current and prospective operations that has not been publicly disclosed.