Nexxen (NEXN) CFO Sagi sells 19,687 shares in pre-set 10b5-1 trades
Rhea-AI Filing Summary
Nexxen International Ltd. Chief Financial Officer Niri Sagi reported open-market sales of a total of 19,687 shares of common stock. The transactions occurred on June 2, 2026 and June 3, 2026 at prices between $8.52 and $8.58 per share. After these sales, Sagi directly holds 514,136 shares. The filing notes that the transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted on August 19, 2025, indicating they were scheduled in advance rather than timed in response to recent events.
Positive
- None.
Negative
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Insider Trade Summary 10b5-1
Net Seller: 19,687 shares ($167,868)
Net Sell
3 txns
Insider
Niri Sagi
Role
Chief Financial Officer
Sold
19,687 shs ($168K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,027 | $8.58 | $9K |
| Sale | Common Stock | 1,904 | $8.5239 | $16K |
| Sale | Common Stock | 16,756 | $8.5239 | $143K |
Holdings After Transaction:
Common Stock — 514,136 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
Total shares sold: 19,687 shares
Shares sold on June 3, 2026: 1,027 shares at $8.58/share
Shares sold on June 2, 2026 (block): 16,756 shares at $8.5239/share
+4 more
7 metrics
Total shares sold
19,687 shares
Aggregate open-market sales reported in Form 4
Shares sold on June 3, 2026
1,027 shares at $8.58/share
Common stock open-market sale
Shares sold on June 2, 2026 (block)
16,756 shares at $8.5239/share
Common stock open-market sale
Additional shares sold on June 2, 2026
1,904 shares at $8.5239/share
Common stock open-market sale
Shares owned after transactions
514,136 shares
Direct common stock holdings following sales
Net share direction
-19,687 shares
Net-sell based on transaction summary
Trading plan adoption date
August 19, 2025
Rule 10b5-1 plan governing these sales
Key Terms
Rule 10b5-1 trading plan, open-market sale, Form 4, net-sell
4 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 by the reporting person"
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 or private 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.
net-sell financial
""netBuySellShares": -19687,"netBuySellDirection": "net-sell""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Nexxen International (NEXN) disclose for its CFO?
Nexxen International disclosed that CFO Niri Sagi sold 19,687 shares of common stock in open-market transactions. These sales occurred at prices between $8.52 and $8.58 per share and were executed under a pre-arranged Rule 10b5-1 trading plan.