Nexxen International (NEXN) CFO sells 42,692 shares in planned trades
Rhea-AI Filing Summary
Nexxen International Ltd. reports that Chief Financial Officer Niri Sagi sold a total of 42,692 shares of common stock on July 01, 2026 in three transactions of 12717, 23391 and 6584 shares at per-share prices of $9.1342, $9.4429 and $9.5232, respectively. The sales were executed under a Rule 10b5-1 trading plan adopted on August 19, 2025 and are being reported in this amended filing because they were inadvertently omitted from the original Form 4.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 42,692 shares
Net Sell
3 txns
Insider
Niri Sagi
Role
Chief Financial Officer
Sold
42,692 shs ($400K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 12,717 | $9.1342 | $116K |
| Sale | Common Stock F1 | 23,391 | $9.4429 | $221K |
| Sale | Common Stock F1 | 6,584 | $9.5232 | $63K |
Holdings After Transaction:
Common Stock — 339,091 shares (Direct)
Footnotes (1)
- 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. Such sales were inadvertently omitted from the original Form 4 filed by the reporting person on July 01, 2026.
Key Figures
Total shares sold: 42692 shares
First sale tranche: 12717.0000 shares at $9.1342
Second sale tranche: 23391.0000 shares at $9.4429
+3 more
6 metrics
Total shares sold
42692 shares
Aggregate Nexxen common shares sold by CFO Niri Sagi on 2026-07-01
First sale tranche
12717.0000 shares at $9.1342
Non-derivative common stock sale on 2026-07-01
Second sale tranche
23391.0000 shares at $9.4429
Non-derivative common stock sale on 2026-07-01
Third sale tranche
6584.0000 shares at $9.5232
Non-derivative common stock sale on 2026-07-01
Rule 10b5-1 plan adoption date
08/19/2025
Date CFO Niri Sagi adopted the trading plan governing these sales
Net buy/sell shares
-42692 shares
Net share change from reported transactions (all sales)
Key Terms
Rule 10b5-1 trading plan, Form 4, non-derivative
3 terms
Rule 10b5-1 trading plan regulatory
"The sales reported ... 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
"Such sales were inadvertently omitted from the original Form 4 filed"
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.
non-derivative financial
"transaction_type": "non-derivative" for each common stock sale entry"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Nexxen (NEXN) disclose in this Form 4/A?
Nexxen International Ltd. reported that CFO Niri Sagi sold 42,692 shares of common stock on July 1, 2026 under a Rule 10b5-1 trading plan. The sales occurred in three separate transactions and were previously omitted from the original Form 4 filed on that date.
Why was this Nexxen (NEXN) Form 4/A filed as an amendment?
The Form 4/A explains that these sales were inadvertently omitted from the original Form 4 filed on July 01, 2026. This amendment corrects the reporting record by adding the three previously unreported transactions in Nexxen common stock executed by CFO Niri Sagi.
What is the net effect of the reported Nexxen (NEXN) trades?
Across the three transactions, the Form 4/A shows net selling of 42,692 shares of Nexxen common stock by CFO Niri Sagi. All reported entries are sales of non-derivative common stock; there are no option exercises, gifts, or derivative security transactions disclosed in this filing.