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.

Full insider trading history

This story covers one filing. See everything behind it: every insider buy and sell on record, 10b5-1 plans, late filings, and which officers and directors are trading.

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