Miami International director sells 5,250 shares
MIAMI INTERNATIONAL HOLDINGS, INC. director Kurt M. Eckert exercised stock options to acquire 5,250 shares of common stock at $12.00 per share, then sold 5,250 shares in an open-market transaction at an average price of $39.35 on July 2, 2026.
Rhea-AI Filing Summary
MIAMI INTERNATIONAL HOLDINGS, INC. director Kurt M. Eckert exercised stock options to acquire 5,250 shares of common stock at $12.00 per share, then sold 5,250 shares in an open-market transaction at an average price of $39.35 on July 2, 2026.
These trades were made under a previously established Rule 10b5-1 trading plan adopted on December 18, 2025. Following the transactions, Eckert directly holds 149,612 shares of common stock and 1,063 stock options.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Exercise and Sale: 5,250 shares ($144K approx. pre-tax spread)
Exercise and Sale
3 txns
Insider
Eckert Kurt M.
Role
Director
Sold
5,250 shs ($207K)
Approx. gross sale proceeds
$207K
Approx. exercise cost
$63K
Approx. pre-tax spread
$144K
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (Right to Buy) | 5,250 | $0.00 | $0.00 |
| Exercise | Common Stock | 5,250 | $12.00 | $63K |
| Sale | Common Stock | 5,250 | $39.35 | $207K |
Holdings After Transaction:
Stock Option (Right to Buy) — 1,063 contracts (Direct);
Common Stock — 149,612 shares (Direct)
Footnotes (2)
- F1. This transaction was effected pursuant to a previously established Rule 10b5-1 Plan adopted by the Reporting Person on December 18, 2025.
- F2. The options are fully vested
Key Figures
Shares sold: 5,250 shares
Sale price: $39.35 per share
Option exercise price: $12.00 per share
+2 more
5 metrics
Shares sold
5,250 shares
Open-market sale of common stock on July 2, 2026
Sale price
$39.35 per share
Average sale price for 5,250 common shares
Option exercise price
$12.00 per share
Strike price for 5,250 stock options exercised
Shares held after
149,612 shares
Common stock directly owned after transactions
Options remaining
1,063 options
Stock options directly owned after exercise
Key Terms
Rule 10b5-1 Plan, Stock Option (Right to Buy), open-market sale, derivative security
4 terms
Rule 10b5-1 Plan regulatory
"This transaction was effected pursuant to a previously established Rule 10b5-1 Plan adopted by the Reporting Person"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
Stock Option (Right to Buy) financial
"security_title": "Stock Option (Right to Buy)""
open-market sale financial
"transaction_action": "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did MIAX director Kurt M. Eckert report?
Kurt M. Eckert reported exercising stock options for 5,250 MIAX shares at $12.00 each and selling 5,250 shares at $39.35. The paired exercise-and-sale converted options into cash while keeping his equity position active.
Did Kurt M. Eckert exercise MIAX stock options in this Form 4 filing?
Yes. He exercised stock options covering 5,250 MIAX shares at a strike price of $12.00 per share. The options were fully vested, and the exercise preceded the sale of an equivalent number of common shares that same day.
What are Kurt M. Eckert’s MIAX holdings after these transactions?
After the reported transactions, he directly holds 149,612 MIAX common shares and 1,063 stock options. This indicates he retains a substantial equity interest in the company even after the option exercise and related open-market share sale.
AI-generated analysis. How Rhea-AI works. Not financial advice.
