Nexxen CFO sells 49,826 shares under plan
Nexxen International Ltd. Chief Financial Officer Niri Sagi reported selling a total of 49,826 shares of common stock in open-market transactions.
Rhea-AI Filing Summary
Nexxen International Ltd. Chief Financial Officer Niri Sagi reported selling a total of 49,826 shares of common stock in open-market transactions. The sales occurred on July 2, 2026 at weighted-average prices of $9.5708 and $9.4925 per share.
After these transactions, Sagi directly holds 332,030 shares of Nexxen common stock. The filing notes that the sales were carried out under a pre-arranged Rule 10b5-1 trading plan adopted on August 19, 2025, indicating they were scheduled in advance.
Positive
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Negative
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Insights
CFO’s pre-planned sale is notable but contextually routine.
Nexxen’s CFO, Niri Sagi, sold 49,826 common shares through open-market transactions at prices around $9.50 per share. These trades were executed under a pre-arranged Rule 10b5-1 trading plan, which is commonly used to systematize insider sales.
Following the sales, Sagi still directly owns 332,030 shares, indicating he retains a substantial equity position. Because the plan was adopted on August 19, 2025, the timing appears pre-scheduled rather than reactive, which generally limits informational value about near-term company prospects.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 16,609 | $9.4925 | $158K |
| Sale | Common Stock | 33,217 | $9.5708 | $318K |
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
Key Terms
Rule 10b5-1 trading plan regulatory
open-market sale financial
Form 4 regulatory
non-derivative financial
net-sell financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Nexxen (NEXN) report for CFO Niri Sagi?
How many Nexxen (NEXN) insider sale transactions were reported in this Form 4?
Does Nexxen’s Form 4 for NEXN indicate net insider buying or selling?
AI-generated analysis. How Rhea-AI works. Not financial advice.