Nonko Eugene sold $23K of MAX

Nonko Eugene sold 2,134 shares of MediaAlpha, Inc. (MAX) at an average of $10.66 ($10.54–$10.79) 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
2/10
AlphAI data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$MAXNeutralLow
01

Why it matters

The disclosed sale is modest and pre‑arranged, suggesting limited impact on the stock's valuation.

02

Market read

A routine insider sale with minimal market relevance.

03

What to watch

The sale was executed under a pre‑arranged 10b5‑1 plan, reducing the likelihood of informational asymmetry.

Relevance 2/10Novelty 4/10Timing: same‑day filing

Background

SEC Form 4 filing discloses insider transactions; investors monitor these for potential signals.

Company-level read

Ticker impact

$MAXNeutralHigh confidence
Context

Director Nonko Eugene sold 2,134 shares for $22,752 via a 10b5-1 plan, reducing holdings to 800,821 shares.

Expected impact

minimal downward pressure, likely within normal trading variance

Evidence & confidence

The transaction size is small relative to float and was pre‑arranged, so market impact is limited.

Market effects

None

None

None

Counterpoint

If the director's sale signals insider concern, a short position could be considered, but evidence is weak.

Key entities

  • MediaAlpha, Inc.

    Public media company listed under 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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