$MAX

Nonko Eugene sold $463K of MAX

Nonko Eugene sold 33,226 shares of MediaAlpha, Inc. (MAX) at an average of $13.92 ($13.78–$14.08, $0.46M total) across 3 trades over 2026-07-06 to 2026-07-08 under a Rule 10b5-1 trading plan.

Original reporting
SEC EDGAR · Nonko Eugene
Published Jul 9, 2026, 1:34 AM UTC
Analysis
alphai AI DeskAI-generated
Added to alphai Jul 9, 2026, 2:01 AM UTC. Informational, not investment advice.
How this was made
alphai summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
alphai market briefInsider activity
Primary signal
$MAX
Neutral
high confidence
Mentioned
$MAX
Relevance
3/10
alphai data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$MAXNeutralLow
01

Why it matters

The newest fact is the director’s open-market sale details (shares, price range, total value) and that it was executed under a pre-arranged 10b5-1 plan.

02

Market read

Useful for tracking insider behavior, but it does not introduce new guidance, contracts, litigation, or operating metrics.

03

What to watch

Traders should compare this sale to prior insider activity and total insider ownership changes; one Form 4 alone is often not predictive.

Relevance 3/10Novelty 3/10Timing: Filed 2026-07-08 after sales dated 2026-07-06 to 2026-07-08

Background

The article is an SEC Form 4 insider transaction disclosure for MediaAlpha, Inc. (MAX).

Company-level read

Ticker impact

$MAXNeutralHigh confidence
Context

MediaAlpha director Nonko Eugene sold $462,652 of MAX shares in open-market trades under a pre-arranged 10b5-1 plan (Form 4).

Expected impact

Likely limited near-term impact; any effect is typically short-lived unless paired with other negative news.

Evidence & confidence

The filing is a Form 4 insider transaction with a stated 10b5-1 plan, and it provides no new company-specific operational or financial information.

Market effects

No clear sector read-through from a single director 10b5-1 sale.

None indicated.

None indicated.

Counterpoint

Because the trades were executed under a pre-arranged 10b5-1 plan, the sale may reflect scheduled liquidity rather than bearish expectations.

Key entities

  • MediaAlpha, Inc.

    Company whose shares (MAX) were sold by a director under a 10b5-1 plan.

  • Nonko Eugene

    Director who sold 33,226 shares of MAX for about $462,652 across three trades.

Related articles

$MAXHigh

MediaAlpha, Inc. (MAX): Results of Operations and Financial Condition

MediaAlpha, Inc. (MAX) filed an SEC Form 8-K — Results of Operations and Financial Condition. EX-99.1 2 maxq22026-earningsreleasex.htm EX-99.1 Document Exhibit 99.1 MEDIAALPHA ANNOUNCES SECOND QUARTER 2026 FINANCIAL RESULTS Second Quarter Revenue Growth of 26%; Record Revenue of $316.9 million Second Quarter Net Income of $41.8 million; Adjusted EBITDA (1) of $29.3 millio