Yi Steven sold $594K of MAX

Yi Steven (See Remarks) sold 48,000 shares of MediaAlpha, Inc. (MAX) at $12.38 ($0.59M total) on 2026-09-01 under a Rule 10b5-1 trading plan.

Original reporting
SEC EDGAR · Yi Steven
Published Sep 2, 2026, 10:45 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Sep 2, 2026, 10:51 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
medium 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 disclosed sale adds a data point for assessing insider sentiment but is not material on its own.

02

Market read

A modest insider sale with limited immediate market impact.

03

What to watch

Potential upcoming corporate actions or personal tax planning could be driving the sale.

Relevance 4/10Novelty 4/10Timing: filed 2026-09-02

Background

Form 4 filings disclose insider transactions; investors monitor them for signals.

Company-level read

Ticker impact

$MAXNeutralMedium confidence
Context

Officer/director Yi Steven sold 48,000 shares of MediaAlpha (MAX) for $594,364 under a 10b5‑1 plan.

Expected impact

Minor downward pressure on MAX price in the short term.

Evidence & confidence

Sale size (~$0.6M) is small relative to market cap; impact likely limited unless followed by further sales.

Market effects

None significant; MediaAlpha operates in digital media, no sector‑wide effect.

Minimal impact on US markets.

Low relevance globally.

Counterpoint

The sale could be a routine liquidity event, not a negative signal; price may remain stable.

Key entities

  • MediaAlpha, Inc.

    US‑listed digital media company (ticker MAX).

  • Yi Steven

    Officer and director of MediaAlpha.

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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