Nonko Eugene sold $122K of MAX
Nonko Eugene sold 9,846 shares of MediaAlpha, Inc. (MAX) at an average of $12.42 ($11.81–$12.77, $0.12M total) across 3 trades over 2026-06-29 to 2026-07-01 under a Rule 10b5-1 trading plan.
How this was made
The 30-second read
Why it matters
The newest fact is the director’s open-market sale details (dates, share count, price range, and post-transaction holdings) disclosed on 2026-07-01.
Market read
Traders may monitor for patterns in insider activity, but this specific disclosure is unlikely to drive a major repricing without accompanying fundamental news.
What to watch
Insider sales can be offset by other insider buys or by broader company catalysts (earnings, guidance, contracts) not present in this filing.
Background
The article is a primary-source SEC Form 4 insider transaction for MediaAlpha, Inc. (MAX).
Ticker impact
MediaAlpha director Nonko Eugene sold $122,277 of MAX shares via an open-market sale under a pre-arranged 10b5-1 plan (Form 4 filed 2026-07-01).
Low likelihood of a sustained price move solely from this Form 4; any impact is likely short-lived.
The filing is a disclosed insider transaction with a stated pre-arranged 10b5-1 plan, and the share count/value are modest relative to typical market moves.
Market effects
No clear sector read-through; this is company-specific insider trading disclosure.
None indicated.
None indicated.
Counterpoint
Because the sale is explicitly under a pre-arranged 10b5-1 plan, it may reflect scheduled liquidity rather than bearish expectations.
Key entities
- issuerMediaAlpha, Inc.
Subject of the Form 4 insider transaction disclosure.
- insiderNonko Eugene
Director who sold shares under a pre-arranged 10b5-1 plan.

