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MediaAlpha CTO Kuanling Amy Yeh sells 50,000 shares

The chief technology officer sold 50,000 shares across two dates, with separate weighted-average prices and transaction ranges reported.

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Form Type
4

Rhea-AI Filing Summary

MediaAlpha, Inc. Chief Technology Officer Kuanling Amy Yeh sold 25,000 Class A common shares on October 30, 2026, at a weighted-average price of $14.4724 per share; prices for that transaction ranged from $14.37 to $14.585. She sold another 25,000 shares on November 2, 2026, at a weighted-average price of $14.9083 per share, with prices ranging from $14.86 to $14.97. No Rule 10b5-1 plan is reported.

Insider Yeh Kuanling Amy
Role Chief Technology Officer
Sold 50,000 shs ($735K)
Type Security Shares Price Value
Sale Class A Common Stock F2 25,000 $14.9083 $373K
Sale Class A Common Stock F1 25,000 $14.4724 $362K
Holdings After Transaction: Class A Common Stock — 493,091 shares (Direct)
Footnotes (2)
  1. F1. Reflects the weighted-average sale price for shares sold in multiple transactions at prices ranging from $14.37 to $14.585 per share. The Reporting Person undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
  2. F2. Reflects the weighted-average sale price for shares sold in multiple transactions at prices ranging from $14.86 to $14.97 per share. The Reporting Person undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
Shares sold 25,000 shares October 30, 2026
Weighted-average sale price $14.4724 per share October 30, 2026
Individual-sale price range $14.37 to $14.585 per share October 30, 2026
Shares sold 25,000 shares November 2, 2026
Weighted-average sale price $14.9083 per share November 2, 2026
Individual-sale price range $14.86 to $14.97 per share November 2, 2026
Class A Common Stock technical
"Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
weighted-average sale price financial
"Reflects the weighted-average sale price"
non-derivative technical
"transaction_type: non-derivative"

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How many shares did MAX CTO Kuanling Amy Yeh sell?

Yeh sold 50,000 MAX Class A shares across two dates: 25,000 on October 30, 2026, at $14.4724 per share and 25,000 on November 2, 2026, at $14.9083 per share. The respective individual-sale ranges were $14.37 to $14.585 and $14.86 to $14.97 per share. No Rule 10b5-1 plan is reported.

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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Yeh Kuanling Amy

(Last)(First)(Middle)
C/O MEDIAALPHA, INC.
700 SOUTH FLOWER STREET, SUITE 640

(Street)
LOS ANGELES CALIFORNIA 90017

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
MediaAlpha, Inc. [ MAX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Technology Officer
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
10/30/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock10/30/2026S25,000D$14.4724(1)518,091D
Class A Common Stock11/02/2026S25,000D$14.9083(2)493,091D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Reflects the weighted-average sale price for shares sold in multiple transactions at prices ranging from $14.37 to $14.585 per share. The Reporting Person undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
2. Reflects the weighted-average sale price for shares sold in multiple transactions at prices ranging from $14.86 to $14.97 per share. The Reporting Person undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
Remarks:
/s/ Jeffrey B. Coyne11/03/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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