Nexxen (NEXN) CFO sells 1,486 shares under Rule 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nexxen International Ltd. Chief Financial Officer Niri Sagi reported an open-market sale of common stock. On May 29, 2026, Sagi sold 1,486 shares at an average price of $8.5033 per share. Following this transaction, Sagi directly holds 567,580 shares of Nexxen common stock. The sale was carried out under a pre-arranged Rule 10b5-1 trading plan adopted by the reporting person.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,486 shares ($12,636)
Net Sell
1 txn
Insider
Niri Sagi
Role
Chief Financial Officer
Sold
1,486 shs ($13K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,486 | $8.5033 | $13K |
Holdings After Transaction:
Common Stock — 567,580 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 1,486 shares
Sale price per share: $8.5033 per share
Shares owned after transaction: 567,580 shares
+1 more
4 metrics
Shares sold
1,486 shares
Open-market sale on May 29, 2026
Sale price per share
$8.5033 per share
Average price for May 29, 2026 sale
Shares owned after transaction
567,580 shares
Direct holdings after May 29, 2026 sale
Net share change
1,486 shares sold
transactionSummary net-sell direction
Key Terms
Rule 10b5-1 trading plan, open-market sale, Form 4, non-derivative
4 terms
Rule 10b5-1 trading plan regulatory
"The sales 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.
open-market sale financial
"transaction_action is described as an open-market sale of common stock"
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.
Form 4 regulatory
"The sales reported in this Form 4 were effected pursuant to a plan"
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
"The transaction is categorized as a non-derivative common stock transaction"
FAQ
What did Nexxen (NEXN) CFO Niri Sagi report in this Form 4?
Nexxen CFO Niri Sagi reported an open-market sale of common stock. He sold 1,486 shares of Nexxen International Ltd. at an average price of $8.5033 per share on May 29, 2026, and disclosed his updated share ownership.
What type of transaction did Nexxen (NEXN) CFO Niri Sagi execute?
The transaction was an open-market sale of common stock, coded as “S” in the Form 4. This indicates a sale in the open market or a private transaction rather than an option exercise, gift, or tax-withholding related disposition.
Does this Nexxen (NEXN) Form 4 show any derivative securities activity?
No derivative securities activity is listed in this Form 4. The filing’s transaction data and derivativeSummary indicate only a non-derivative common stock sale, with no option exercises, conversions, or other derivative transactions reported for this date.