Nonko Eugene sold $86K of MAX
Nonko Eugene sold 7,274 shares of MediaAlpha, Inc. (MAX) at an average of $11.82 ($11.63–$11.92) across 3 trades over 2026-10-26 to 2026-10-28 under a Rule 10b5-1 trading plan.
How this was made
The 30-second read
Why it matters
A modest insider sale, likely to be viewed as routine and not materially affect price.
Market read
Small insider sale with limited trading relevance.
What to watch
The director's sale was pre‑arranged under a 10b5‑1 plan, reducing the signaling strength.
Background
SEC Form 4 filing discloses insider transactions for public companies.
Ticker impact
Director Nonko Eugene sold 7,274 shares of MediaAlpha, Inc. (MAX) for $85,969, reducing his holdings to 784,526 shares.
likely modest downward pressure as the market prices the director's sale
Insider sales, even small, can be interpreted as a lack of confidence, prompting short-term sellers.
Market effects
Minimal impact on the broader media sector.
No regional effect.
Limited to investors tracking insider activity.
Counterpoint
The sale is routine and may not reflect any negative outlook.
Key entities
- companyMediaAlpha, Inc.
Public media company listed under ticker MAX.
- personNonko Eugene
Director of MediaAlpha who sold shares.



