Nexxen International (NASDAQ: NEXN) director plans sale with vested RSU shares
Rhea-AI Filing Summary
Nexxen International Ltd. (NEXN) received a notice that director Daniel Kerstein intends to sell ordinary shares under Rule 144. A brokerage firm, Oppenheimer & Co. Inc., is listed to handle the sale of 11,000 ordinary shares with an aggregate market value of $115,170.00, with Nexxen ordinary shares listed on Nasdaq. The filing also notes that 22,802 additional ordinary shares are to be sold that were previously issued upon the vesting of RSUs on 01/06/2026 for no cash consideration, and indicates there are 56,284,083 ordinary shares outstanding.
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Key Figures
Shares to be sold via broker: 11,000 shares
Aggregate market value of broker-handled shares: $115,170.00
RSU-related shares to be sold: 22,802 shares
+2 more
5 metrics
Shares to be sold via broker
11,000 shares
Ordinary shares to be sold through Oppenheimer & Co. Inc. under Rule 144
Aggregate market value of broker-handled shares
$115,170.00
Aggregate market value for 11,000 ordinary shares listed in the securities information section
RSU-related shares to be sold
22,802 shares
Ordinary shares issued upon vesting of RSUs on 01/06/2026 and listed as securities to be sold
Shares outstanding
56,284,083 shares
Number of Nexxen ordinary shares reported outstanding in the securities information table
RSU vesting date
01/06/2026
Date on which 22,802 ordinary shares were issued upon vesting of RSUs
Key Terms
Rule 144, RSUs, ordinary shares, Nasdaq
4 terms
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
RSUs financial
"Shares issued upon vesting of RSUs"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
Nasdaq market
"56284083 | 08/17/2026 | Nasdaq"
The Nasdaq is a stock exchange where many companies' shares are bought and sold, functioning much like a marketplace for investments. It matters to investors because it provides a platform to buy and sell ownership stakes in companies, helping them track the value of those companies and make informed decisions. As one of the largest and most technology-focused markets, it also reflects trends and developments in the business world.
FAQ
What insider sale is disclosed for Nexxen International Ltd. (NEXN) in this Rule 144 filing?
The notice states that director Daniel Kerstein plans to sell 11,000 ordinary shares of Nexxen International Ltd. through Oppenheimer & Co. Inc. The filing is a Rule 144 notice of a proposed sale of restricted or control securities.
AI-generated analysis. How Rhea-AI works. Not financial advice.