Niri Sagi 4
Research Summary
AI-generated summary
Nexxen (NEXN) CFO Niri Sagi Sells 200 Shares
What Happened
- Niri Sagi, Chief Financial Officer of Nexxen International Ltd. (NEXN), reported a sale of 200 shares on 2026-06-12. The shares were disposed at $8.70 each, for total proceeds of $1,740. The sale is reported as an open-market/private sale and was effected under a pre-established Rule 10b5-1 trading plan.
Key Details
- Transaction date and price: 2026-06-12 — 200 shares at $8.70 per share.
- Total proceeds: $1,740.
- Filing date (Form 4): 2026-06-15 (Accession 0001178913-26-003197).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnote: Sale was executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 2025-08-19.
- No indication in the provided data that the filing was late; filing/transaction dates are shown above.
Context
- Sales under a 10b5-1 plan are pre-arranged trades that can occur regardless of recent company developments and are commonly used for routine disposition of shares. Such sales are typically viewed as administrative rather than a direct signal of insider sentiment. Purchases generally carry more weight when assessing insider conviction.
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