Nexxen International (NEXN) CFO sells 17,578 shares under 10b5-1 plan
Rhea-AI Filing Summary
Nexxen International Ltd. reported that its Chief Financial Officer, Niri Sagi, sold 17,578 shares of Common Stock on 2026-07-28 at an average price of $10.5116 per share. Following this transaction, Sagi directly holds 126,488 shares. The sale was effected under a Rule 10b5-1 trading plan adopted on 08/19/2025.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 17,578 shares
Net Sell
1 txn
Insider
Niri Sagi
Role
Chief Financial Officer
Sold
17,578 shs ($185K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 17,578 | $10.5116 | $185K |
Holdings After Transaction:
Common Stock — 126,488 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.
Key Figures
Shares sold: 17,578 shares
Sale price: $10.5116 per share
Shares owned after sale: 126,488 shares
+1 more
4 metrics
Shares sold
17,578 shares
Common Stock sold by CFO Niri Sagi on 2026-07-28
Sale price
$10.5116 per share
Average price for the 17,578 Common Stock shares sold
Shares owned after sale
126,488 shares
Total Common Stock directly owned by CFO Niri Sagi following the transaction
Rule 10b5-1 plan adoption date
08/19/2025
Date the trading plan governing the reported sales was adopted
Key Terms
Rule 10b5-1 trading plan, Form 4, Sale in open market or private transaction
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.
Form 4 regulatory
"The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1"
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.
Sale in open market or private transaction regulatory
"transaction_code_description": "Sale in open market or private transaction""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Nexxen International Ltd. (NEXN) report?
Nexxen International Ltd. reported that CFO Niri Sagi sold 17,578 shares of Common Stock. The transaction was reported on a Form 4 and classified as a sale in open market or private transaction under SEC transaction code "S."
When did the Nexxen (NEXN) CFO’s insider sale take place?
The reported sale by Nexxen CFO Niri Sagi occurred on 2026-07-28. The Form 4 filing classifies the transaction as a sale of Common Stock in the open market or a private transaction, consistent with SEC transaction code "S."
Was the Nexxen (NEXN) CFO sale made under a Rule 10b5-1 trading plan?
Yes. The Form 4 states the sales were effected under a Rule 10b5-1 trading plan. A footnote explains that the plan was adopted on 08/19/2025, and the filing’s Rule 10b5-1 checkbox is also affirmed as true.
Is the Nexxen (NEXN) CFO’s transaction classified as a direct or indirect holding change?
The transaction is reported as affecting direct ownership of Nexxen Common Stock. The Form 4 lists the ownership code as "D" for direct, indicating the shares are held directly by CFO Niri Sagi rather than through an intermediary entity.