Nexxen International Ltd.·4

Jun 11, 11:54 AM ET

Niri Sagi 4

Research Summary

AI-generated summary

Updated

Nexxen (NEXN) CFO Niri Sagi Sells 5,922 Shares

What Happened

  • Niri Sagi, Chief Financial Officer of Nexxen International Ltd. (NEXN), sold 5,922 shares of company stock in an open-market transaction on June 10, 2026. The shares were sold at $8.74 each for total proceeds of approximately $51,755. This was a sale (routine disposition) rather than a purchase.

Key Details

  • Transaction date and price: 2026-06-10 — 5,922 shares sold at $8.74 per share (total ~$51,755).
  • Shares owned after transaction: Not specified in the information provided.
  • Footnote: The sale was made pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 08/19/2025.
  • Filing timeliness: Form 4 was filed on 2026-06-11 for a 2026-06-10 transaction — filed promptly (within the usual Form 4 reporting window).

Context

  • Trades under a Rule 10b5-1 plan are pre-arranged and typically indicate scheduled selling rather than an immediate response to new company information. Sales are common for insiders for diversification or liquidity and do not by themselves indicate a change in company fundamentals.

Loading document...