Niri Sagi 4/A
Research Summary
AI-generated summary
Nexxen (NEXN) CFO Niri Sagi Sells 1,100 Shares
What Happened
- Niri Sagi, Chief Financial Officer of Nexxen International Ltd. (NEXN), sold 1,100 shares of Nexxen common stock in an open market/private sale on June 3, 2026 at $8.58 per share, totaling $9,438. This Form 4 is an amendment correcting errors in an earlier filing.
Key Details
- Transaction date and price: 2026-06-03, sale of 1,100 shares at $8.58 each (total $9,438).
- Transaction type/code: Sale (S); executed pursuant to a Rule 10b5-1 trading plan adopted 08/19/2025 (footnote F1).
- Corrected reporting: the Original Form 4 (filed June 4, 2026) inadvertently misreported the sale amount (reported 1,027 shares) and post-sale beneficial ownership; this amendment corrects the sale to 1,100 shares and corrects the reported ownership figures (see footnotes F2–F5).
- Shares owned after transaction (as corrected): reported as 515,163 shares of common stock (per amendment).
- Filing status: This submission is an AMENDED Form 4 filed 2026-07-20 to correct prior reporting errors.
Context
- The sale was made under a pre-established Rule 10b5-1 plan, which typically schedules trades in advance and is considered routine (not an ad hoc insider sale). The amendment fixes clerical errors in the original filing; it does not indicate additional transactions beyond the corrected sale.
Loading document...