Nexxen International (NEXN) CFO corrects Form 4 for 1,100-share sale
Rhea-AI Filing Summary
Nexxen International Ltd. Chief Financial Officer Niri Sagi amended a prior insider report to show a sale of 1,100 shares of common stock on June 3, 2026 at $8.58 per share, effected under a Rule 10b5-1 trading plan adopted on 08/19/2025. The amendment corrects the originally reported 1,027 shares sold and adjusts post-transaction direct holdings, which should have been reported as 531,919 shares in one entry and 515,163 shares in another, reducing the previously reported beneficial ownership.
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Insider Trade Summary 10b5-1
Net Seller: 1,100 shares
Net Sell
3 txns
Insider
Niri Sagi
Role
Chief Financial Officer
Sold
1,100 shs ($9K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F4, F5 | 1,100 | $8.58 | $9K |
| holding | Common Stock F2 | -- | -- | -- |
| holding | Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,561,145 shares (Direct)
Footnotes (5)
- F1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 08/19/2025.
- F2. On June 4, 2026, the reporting person filed a Form 4 (the "Original Form 4") that inadvertently reported that, following his sale of shares of the issuer's common stock (the "Common Stock") pursuant to his Rule 10b5-1 trading plan, he directly owned 514,136 shares of Common Stock. In fact, as reported in this amendment, the reporting person directly owned 531,919 shares of Common Stock.
- F3. On the Original Form 4, the reporting person inadvertently reported that, following his sale of shares of the issuer's common stock (the "Common Stock") pursuant to his Rule 10b5-1 trading plan, he directly owned 514,136 shares of Common Stock. In fact, as reported in this amendment, the reporting person directly owned 515,163 shares of Common Stock.
- F4. On the Original Form 4, the reporting person inadvertently reported a sale of 1,027 shares of Common Stock. In fact, as reported on this amendment, the reporting person sold 1,100 shares of Common Stock.
- F5. As a result of this error, the number of shares reported as beneficially owned by the reporting person following the corrected transaction reflects a decrease in the number of shares previously reported as beneficially owned in the Original Form 4.
Key Figures
Shares sold: 1,100 shares
Sale price per share: $8.58
Corrected direct holdings (entry one): 531,919 shares
+2 more
5 metrics
Shares sold
1,100 shares
Common Stock sale by CFO Niri Sagi on June 3, 2026
Sale price per share
$8.58
Per-share price for 1,100-share Common Stock sale on June 3, 2026
Corrected direct holdings (entry one)
531,919 shares
Directly owned shares as reported in the amendment for one holding line
Corrected direct holdings (entry two)
515,163 shares
Directly owned shares as reported in the amendment for another holding line
Rule 10b5-1 plan adoption date
08/19/2025
Date CFO’s trading plan governing the June 3, 2026 sale was adopted
Key Terms
Rule 10b5-1 trading plan, Form 4, beneficially owned, amendment, +1 more
5 terms
Rule 10b5-1 trading plan regulatory
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
Form 4 regulatory
"On June 4, 2026, the reporting person filed a Form 4 (the "Original Form 4")"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
beneficially owned financial
"the number of shares reported as beneficially owned by the reporting person"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
amendment regulatory
"In fact, as reported in this amendment, the reporting person directly owned 531,919 shares"
An amendment is a formal change or addition to an existing legal, regulatory, or corporate document, such as a contract, prospectus, regulatory filing, or company charter. It matters to investors because amendments can alter rights, deadlines, obligations, or risk profiles tied to an investment; think of it like editing a recipe—changing an ingredient or cooking time can significantly affect the final result.
Original Form 4 regulatory
"the Original Form 4 that inadvertently reported that, following his sale of shares"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider stock sale did NEXN report in this amended Form 4/A?
Nexxen International Ltd. reported that CFO Niri Sagi sold 1,100 shares of common stock on June 3, 2026 at $8.58 per share. This Form 4/A corrects a prior filing that had understated the sale at 1,027 shares.
Why did Nexxen International (NEXN) file this Form 4/A amendment?
The amendment was filed to correct three errors in an earlier Form 4: the number of shares sold (1,027 vs. 1,100) and two post-transaction direct holding figures, which should have been 531,919 and 515,163 shares, respectively.
How did the corrected Form 4/A change reported beneficial ownership for NEXN’s CFO?
The amendment explains that the corrected figures decrease the number of shares reported as beneficially owned after the transaction compared with the original Form 4, with corrected direct holdings of 531,919 and 515,163 shares in two separate entries.
What role does NEXN insider Niri Sagi hold at Nexxen International Ltd.?
Reporting person Niri Sagi serves as Chief Financial Officer of Nexxen International Ltd. The Form 4/A reflects his personal transactions and corrected beneficial ownership in the company’s common stock.
What is the transaction price reported in Nexxen (NEXN) CFO’s corrected stock sale?
The corrected filing reports a per-share sale price of $8.58 for the 1,100 Nexxen International Ltd. common shares sold on June 3, 2026. This price is stated on a per-share basis for the open market sale.