Niri Sagi 4
4 · Nexxen International Ltd. · Filed Jun 17, 2026
Research Summary
AI-generated summary of this filing
Nexxen (NEXN) CFO Niri Sagi Sells 35,827 Shares
What Happened
Niri Sagi, Chief Financial Officer of Nexxen International Ltd. (NEXN), sold a total of 35,827 shares in transactions on June 15–16, 2026. The sales were reported as open-market or private sales and generated aggregate proceeds of $314,560. Individual trades: 1,160 shares @ $8.71 ($10,100) on 2026-06-15; 2,214 shares @ $8.91 ($19,724) on 2026-06-16; 2,017 shares @ $8.77 ($17,697) on 2026-06-16; and 30,436 shares @ $8.77 ($267,039) on 2026-06-16. These were sales (not purchases) and thus are not a direct bullish signal.
Key Details
- Transaction dates and prices:
- 2026-06-15: 1,160 sh @ $8.71 — $10,100
- 2026-06-16: 2,214 sh @ $8.91 — $19,724
- 2026-06-16: 2,017 sh @ $8.77 — $17,697
- 2026-06-16: 30,436 sh @ $8.77 — $267,039
- Total shares sold: 35,827; total proceeds: $314,560.
- Footnote: Sales were effected pursuant to a Rule 10b5‑1 trading plan adopted 08/19/2025 (preplanned trades).
- Shares owned after the transactions: not specified in the provided excerpt — check the full Form 4 for post-transaction beneficial ownership.
- Filing/Timing: Form 4 filed 2026-06-17 for trades on 6/15–6/16; this appears to be filed within the typical two-business-day window.
Context
A 10b5‑1 plan indicates the trades were prearranged according to a schedule set on 08/19/2025, which is commonly used by insiders to sell shares without relying on current inside information. Sales under such plans are often routine and should not be interpreted alone as a signal of company prospects. As always, retail investors should consider insider filings alongside other fundamental and market information.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-06-15$8.71/sh−1,160$10,100→ 459,023 total - Sale
Common Stock
[F1]2026-06-16$8.91/sh−2,214$19,724→ 459,023 total - Sale
Common Stock
[F1]2026-06-16$8.77/sh−2,017$17,697→ 459,023 total - Sale
Common Stock
[F1]2026-06-16$8.77/sh−30,436$267,039→ 459,023 total
Footnotes (1)
- [F1]The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 08/19/2025.