$MAX

Yi Steven sold $910K of MAX

Yi Steven (See Remarks) sold 72,000 shares of MediaAlpha, Inc. (MAX) at $12.64 ($0.91M total) on 2026-08-03 under a Rule 10b5-1 trading plan.

Original reporting
SEC EDGAR · Yi Steven
Published Aug 5, 2026, 9:19 PM UTC
Analysis
alphai AI DeskAI-generated
Added to alphai Aug 5, 2026, 9:22 PM 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
4/10
alphai data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$MAXNeutralLow
01

Why it matters

The newest fact is the specific sale size (72,000 shares), price ($12.6388), total value ($909,993.60), and that it was executed under a pre-arranged Rule 10b5-1 plan.

02

Market read

Traders may note the insider sale, but the 10b5-1 structure and lack of accompanying fundamental news make it unlikely to drive a durable repricing.

03

What to watch

The article does not state whether the sale was part of a larger series, the insider’s total compensation context, or any concurrent company news; without that, the trading signal is weak.

Relevance 4/10Novelty 3/10Timing: filed 2026-08-05, sale dated 2026-08-03

Background

This is an SEC Form 4 insider transaction disclosure for MediaAlpha, Inc. (MAX) by officer/director Yi Steven.

Company-level read

Ticker impact

$MAXNeutralHigh confidence
Context

MediaAlpha insider Yi Steven filed a Form 4 selling 72,000 shares at $12.6388 on 2026-08-03 under a 10b5-1 plan.

Expected impact

Limited immediate price impact; any reaction is likely sentiment-driven and short-lived.

Evidence & confidence

Form 4 discloses the transaction details but provides no new company performance, guidance, or regulatory/legal catalyst. The presence of a pre-arranged 10b5-1 plan further reduces interpretive weight.

Market effects

No sector-level implications; this is company-specific insider trading disclosure.

None indicated.

None indicated.

Counterpoint

Even with a 10b5-1 plan, repeated insider selling can still be read as a mild negative signal by some traders, especially if it coincides with other bearish developments not mentioned here.

Key entities

  • MediaAlpha, Inc.

    Subject of the Form 4 insider sale disclosure.

  • Yi Steven

    Officer and director who sold shares under a 10b5-1 plan.

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