Nexxen (NEXN) CFO sells 2,098 shares in 10b5-1 planned trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nexxen International Ltd. Chief Financial Officer Niri Sagi reported an open-market sale of 2,098 shares of Common Stock at an average price of $8.7763 per share on June 17, 2026. After this transaction, Sagi directly owns 456,925 shares.
The sale was carried out under a pre-arranged Rule 10b5-1 trading plan adopted by Sagi on 08/19/2025, indicating the trade was scheduled in advance rather than timed discretionarily.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 2,098 shares ($18,413)
Net Sell
1 txn
Insider
Niri Sagi
Role
Chief Financial Officer
Sold
2,098 shs ($18K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,098 | $8.7763 | $18K |
Holdings After Transaction:
Common Stock — 456,925 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 2,098 shares
Sale price per share: $8.7763 per share
Shares owned after transaction: 456,925 shares
+1 more
4 metrics
Shares sold
2,098 shares
Open-market sale of Common Stock on June 17, 2026
Sale price per share
$8.7763 per share
Average price for the reported sale
Shares owned after transaction
456,925 shares
Direct ownership following the sale
Net shares sold
2,098 shares
Net buy/sell direction reported as net-sell
Key Terms
Rule 10b5-1 trading plan, open-market sale, Common Stock, non-derivative
4 terms
Rule 10b5-1 trading plan regulatory
"The sales reported ... 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"
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"
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.
non-derivative financial
"transaction_type: non-derivative"
FAQ
What insider transaction did Nexxen (NEXN) report for CFO Niri Sagi?
CFO Niri Sagi sold 2,098 shares of Nexxen Common Stock in an open-market transaction. The sale was reported as a routine insider trade with specific share and price details disclosed.
What type of transaction did Nexxen report in this insider filing?
The filing reports a non-derivative open-market sale of Common Stock by Nexxen’s CFO. It is coded as a sale transaction, rather than an option exercise, gift, tax withholding, or restructuring event.