Nexxen (NEXN) CFO sells 75,069 shares in pre-set 10b5-1 trades
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nexxen International Ltd. Chief Financial Officer Niri Sagi reported open-market sales of company common stock. On June 29, 2026, Sagi sold 26,100 shares at an average price of $9.1198 per share and an additional 42,786 shares at $9.0580 per share. On June 30, 2026, Sagi sold a further 6,183 shares at $9.1285 per share, for total reported sales of 75,069 shares. These transactions were executed pursuant to a Rule 10b5-1 trading plan adopted on August 19, 2025, indicating they were pre-scheduled. After these sales, Sagi directly holds 381,856 Nexxen common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 75,069 shares ($682,024)
Net Sell
3 txns
Insider
Niri Sagi
Role
Chief Financial Officer
Sold
75,069 shs ($682K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 6,183 | $9.1285 | $56K |
| Sale | Common Stock | 42,786 | $9.058 | $388K |
| Sale | Common Stock | 26,100 | $9.1198 | $238K |
Holdings After Transaction:
Common Stock — 381,856 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Total shares sold: 75,069 shares
Shares sold June 29, 2026 (lot 1): 26,100 shares at $9.1198/share
Shares sold June 29, 2026 (lot 2): 42,786 shares at $9.0580/share
+3 more
6 metrics
Total shares sold
75,069 shares
Net insider sales reported for June 29–30, 2026
Shares sold June 29, 2026 (lot 1)
26,100 shares at $9.1198/share
Open-market sale of common stock
Shares sold June 29, 2026 (lot 2)
42,786 shares at $9.0580/share
Open-market sale of common stock
Shares sold June 30, 2026
6,183 shares at $9.1285/share
Open-market sale of common stock
Shares held after transactions
381,856 shares
Direct ownership following reported sales
Trading plan adoption date
August 19, 2025
Rule 10b5-1 trading plan used for these sales
Key Terms
Rule 10b5-1 trading plan, open-market sale, Form 4
3 terms
Rule 10b5-1 trading plan regulatory
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted..."
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: "open-market sale" for each common stock transaction"
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 Rule 10b5-1 trading 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.
FAQ
What insider transactions did Nexxen (NEXN) report for CFO Niri Sagi?
Nexxen CFO Niri Sagi reported selling 75,069 common shares in open-market transactions on June 29–30, 2026. The reported sale prices ranged around $9.06–$9.13 per share across three separate trades.