Nexxen International Ltd.·4

Jul 16, 4:46 PM ET

Niri Sagi 4

Research Summary

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Updated

Nexxen (NEXN) CFO Niri Sagi Sells 106,345 Shares

What Happened
Niri Sagi, Chief Financial Officer of Nexxen International Ltd. (NEXN), sold a total of 106,345 shares in multiple open-market/private sales between July 13 and July 15, 2026, generating roughly $1,065,936 in proceeds. The individual trades were: 71,845 shares at $9.96 ($715,468) on 2026-07-13; 14,668 shares at $10.16 ($149,005) on 2026-07-15; 17,421 shares at $10.16 ($176,971) on 2026-07-15; and 2,411 shares at $10.16 ($24,492) on 2026-07-15. These were sales (not purchases), which are often routine cashing-out transactions rather than a bullish signal.

Key Details

  • Filing: Form 4 filed 2026-07-16 (Accession: 0001178913-26-003512). Filing appears timely relative to the trade dates.
  • Transaction dates & prices:
    • 2026-07-13: 71,845 sh @ $9.96 = $715,468
    • 2026-07-15: 14,668 sh @ $10.16 = $149,005
    • 2026-07-15: 17,421 sh @ $10.16 = $176,971
    • 2026-07-15: 2,411 sh @ $10.16 = $24,492
  • Total shares sold: 106,345; total proceeds: ~$1,065,936.
  • Shares owned after the transaction: not provided in the details supplied here (check the full Form 4 for post-transaction holdings).
  • Footnote: Sales were effected under a Rule 10b5-1 trading plan adopted by the reporting person on 2025-08-19 (prearranged trading plan).

Context
Sales made under a 10b5-1 plan are scheduled trades that allow insiders to sell shares at pre-set times or conditions and are generally viewed as routine rather than an immediate signal of insider sentiment. No options were exercised and no gifts or awards were reported in this filing. For exact post-sale holdings or additional context, review the full Form 4 filing.

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