CFO of Nexxen (NEXN) reports 5,922-share 10b5-1 stock sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nexxen International Ltd. Chief Financial Officer Niri Sagi sold 5,922 shares of common stock in an open-market transaction at $8.7395 per share on June 10, 2026. The sale was executed under a pre-planned Rule 10b5-1 trading plan, and Sagi continues to hold 495,050 shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 5,922 shares ($51,755)
Net Sell
1 txn
Insider
Niri Sagi
Role
Chief Financial Officer
Sold
5,922 shs ($52K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,922 | $8.7395 | $52K |
Holdings After Transaction:
Common Stock — 495,050 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 5,922 shares
Sale price per share: $8.7395 per share
Shares held after transaction: 495,050 shares
+2 more
5 metrics
Shares sold
5,922 shares
Open-market sale on June 10, 2026
Sale price per share
$8.7395 per share
CFO open-market sale
Shares held after transaction
495,050 shares
Direct ownership following sale
Net shares sold
5,922 shares
Net insider activity in this Form 4
Transaction type
Open-market sale (Code S)
Non-derivative common stock transaction
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 by the reporting person on 08/19/2025."
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"
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 transaction did Nexxen (NEXN) report for CFO Niri Sagi?
Nexxen reported that CFO Niri Sagi sold 5,922 shares of common stock in an open-market transaction. The sale occurred on June 10, 2026, and was disclosed in a Form 4 filing with detailed share and price information for investors.
What does the Nexxen (NEXN) Form 4 reveal about recent insider trading activity overall?
The Form 4 shows one insider sale by CFO Niri Sagi totaling 5,922 shares and no insider purchases. It also indicates there were no derivative exercises, gifts, tax withholdings, or restructuring-related transfers reported in this specific filing.