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.
How this was made
The 30-second read
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.
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.
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.
Background
This is an SEC Form 4 insider transaction disclosure for MediaAlpha, Inc. (MAX) by officer/director Yi Steven.
Ticker impact
MediaAlpha insider Yi Steven filed a Form 4 selling 72,000 shares at $12.6388 on 2026-08-03 under a 10b5-1 plan.
Limited immediate price impact; any reaction is likely sentiment-driven and short-lived.
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
- issuerMediaAlpha, Inc.
Subject of the Form 4 insider sale disclosure.
- insiderYi Steven
Officer and director who sold shares under a 10b5-1 plan.

