Nexxen (NEXN) CFO Sagi sells 13,164 shares under Rule 10b5-1 plan
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 13,164 shares of common stock at an average price of $8.5366 per share. After this transaction, Sagi directly holds 500,972 shares. The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on 08/19/2025, indicating it was scheduled in advance.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 13,164 shares ($112,376)
Net Sell
1 txn
Insider
Niri Sagi
Role
Chief Financial Officer
Sold
13,164 shs ($112K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 13,164 | $8.5366 | $112K |
Holdings After Transaction:
Common Stock — 500,972 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 13,164 shares
Sale price: $8.5366 per share
Shares held after: 500,972 shares
3 metrics
Shares sold
13,164 shares
Open-market sale on 2026-06-04
Sale price
$8.5366 per share
Average sale price for the transaction
Shares held after
500,972 shares
Direct holdings after the reported sale
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"
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 did Nexxen (NEXN) CFO Niri Sagi report in this Form 4?
Nexxen CFO Niri Sagi reported selling 13,164 shares of common stock in an open-market transaction. The shares were sold at an average price of $8.5366, and the transaction was disclosed in a Form 4 insider trading report.
Is the Nexxen (NEXN) CFO’s transaction a buy or sell action?
The filing shows a sell transaction. CFO Niri Sagi executed an open-market sale of 13,164 Nexxen common shares, coded as an “S” transaction and described as a sale in open market or private transaction.