Nexxen International (NEXN) CFO sells 33,757 shares in pre-set plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nexxen International Ltd. Chief Financial Officer Niri Sagi reported selling 33,757 shares of common stock in open-market transactions. The sales occurred at prices around $8.63–$8.70 per share. After these trades, Sagi directly holds 533,823 shares of Nexxen common stock.
The filing notes that these sales were carried out under a pre-arranged Rule 10b5-1 trading plan adopted by the reporting person on 08/19/2025, indicating the transactions were scheduled in advance rather than timed discretionarily.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 33,757 shares ($291,290)
Net Sell
2 txns
Insider
Niri Sagi
Role
Chief Financial Officer
Sold
33,757 shs ($291K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 364 | $8.7042 | $3K |
| Sale | Common Stock | 33,393 | $8.6282 | $288K |
Holdings After Transaction:
Common Stock — 533,823 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 33,757 shares
Main sale price: $8.6282 per share
Additional sale price: $8.7042 per share
+2 more
5 metrics
Shares sold
33,757 shares
Total common shares sold by CFO on 2026-06-01
Main sale price
$8.6282 per share
Price for 33,393-share open-market sale
Additional sale price
$8.7042 per share
Price for 364-share open-market sale
Shares held after
533,823 shares
Direct ownership after reported transactions
Sell transactions count
2 transactions
Number of open-market sale entries reported
Key Terms
Rule 10b5-1 trading plan, open-market sale, Common Stock
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"
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; transaction_code_description: Sale in open market"
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.
Common Stock financial
"security_title: Common Stock for each non-derivative transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What type of transactions did Nexxen (NEXN) CFO Niri Sagi report in this Form 4?
The Form 4 reports open-market sales of common stock, coded as “S” transactions. Both entries are non-derivative, meaning they involve the company’s common shares directly rather than options or other derivative securities.