Nexxen International Ltd.·4

Jul 1, 2:14 PM ET

Niri Sagi 4

Research Summary

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Updated

Nexxen (NEXN) CFO Niri Sagi Sells Shares

What Happened
Niri Sagi, Chief Financial Officer of Nexxen International Ltd. (NEXN), sold a total of 75,069 shares in three open-market transactions for aggregate gross proceeds of approximately $682,025. The individual trades were: 42,786 shares at $9.06 ($387,556), 26,100 shares at $9.12 ($238,027), and 6,183 shares at $9.13 ($56,442). These were sales (S), not purchases.

Key Details

  • Transaction dates and prices:
    • 2026-06-29: 42,786 shares @ $9.06 = $387,556 (sale)
    • 2026-06-29: 26,100 shares @ $9.12 = $238,027 (sale)
    • 2026-06-30: 6,183 shares @ $9.13 = $56,442 (sale)
  • Total shares sold: 75,069; total proceeds: ~$682,025.
  • Footnote: Sales were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 08/19/2025 (preplanned trades).
  • Shares owned after the transactions are not provided in the excerpt of the filing.
  • Filing: Form 4 filed 2026-07-01 for transactions reported through 2026-06-29; the filing does not indicate it was late.

Context
Sales under a 10b5-1 plan are prearranged and often reflect scheduled dispositions rather than ad hoc trading based on current company news. For retail investors, planned sales typically carry less informational weight about management’s near-term view than discretionary purchases.

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