$MAX

Nonko Eugene sold $142K of MAX (indirect holdings)

Nonko Eugene sold 13,334 indirectly-held shares of MediaAlpha, Inc. (MAX) at an average of $10.65 ($10.53–$10.78, $0.14M total) across 2 trades over 2026-09-21 to 2026-09-22 under a Rule 10b5-1 trading plan.

Original reporting
SEC EDGAR · Nonko Eugene
Published Sep 23, 2026, 11:51 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Sep 23, 2026, 11:53 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
3/10
AlphAI data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$MAXNeutralLow
01

Why it matters

The disclosed sale is routine and unlikely to affect the stock's valuation.

02

Market read

Minor insider sale with limited trading relevance.

03

What to watch

Potential future insider transactions or broader ownership changes could become relevant.

Relevance 3/10Novelty 4/10Timing: filing 2026-09-23

Background

SEC Form 4 filing discloses insider transactions; required for transparency.

Company-level read

Ticker impact

$MAXNeutralHigh confidence
Context

Director Nonko Eugene sold 13,334 shares for $142K via a 10b5-1 plan, reducing his stake to 854,550 shares.

Expected impact

No significant price impact expected.

Evidence & confidence

The sale amount is small relative to market cap and follows a pre‑arranged plan, so market reaction should be muted.

Market effects

None

None

None

Counterpoint

The insider sale may be interpreted as a lack of confidence, but the pre‑arranged plan suggests no new information.

Key entities

  • MediaAlpha, Inc.

    Issuer of the securities (ticker MAX).

  • Nonko Eugene

    Director of MediaAlpha who sold shares.

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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