Niri Sagi 4

What Happened
Niri Sagi, Chief Financial Officer of Nexxen International Ltd. (NEXN), sold 2,098 shares on June 17, 2026 at $8.78 per share, resulting in proceeds of $18,413. The Form 4 discloses the transaction as a sale (S) effected in the open market or private sale.

Key Details

• Transaction date and price: 2026-06-17 at $8.78 per share.
• Total proceeds: $18,413.
• Transaction type/method: Sale (open market or private sale as reported).
• Shares owned after transaction: Not disclosed in the provided filing.
• Footnote: Sale was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 08/19/2025.
• Filing timing: Form 4 was filed on 2026-06-22 (five days after the transaction), which is outside the typical two-business-day reporting window.

Context
A 10b5-1 plan lets insiders sell shares according to a pre-set schedule or rules, which can mean the sale was prearranged rather than a reaction to recent company developments. Sales are common and often routine; purchases generally carry more weight when interpreting insider sentiment. This sale is modest in size ($18k) and, by itself, is not a clear indicator of broader insider belief about Nexxen’s outlook.