MediaAlpha, Inc.·4

Apr 22, 8:38 PM ET

Yi Steven 4

4 · MediaAlpha, Inc. · Filed Apr 22, 2026

Research Summary

AI-generated summary of this filing

Updated

MediaAlpha (MAX) CEO Yi Steven Sells 48,590 Shares

What Happened
Yi Steven (CEO, President, Co‑founder and Director) sold a total of 48,590 MediaAlpha (MAX) shares in three open‑market transactions. Breakdown: 28,543 shares on 2026-04-20 at $10.06 each ($287,014); 16,047 shares on 2026-04-21 at $10.08 each ($161,699); and 4,000 shares on 2026-04-22 at $9.88 each (~$39,503). Total proceeds ≈ $488,216. These were sales (routine liquidity/tax-related), not purchases.

Key Details

  • Dates & reported prices: 2026-04-20 (28,543 @ $10.06), 2026-04-21 (16,047 @ $10.08), 2026-04-22 (4,000 @ $9.88).
  • Total shares sold: 48,590; total proceeds ≈ $488,216.
  • Shares owned after transaction: Not disclosed in the Form 4 provided.
  • Footnotes: Sales were effected under a Rule 10b5‑1 trading plan adopted primarily to cover taxes from RSU vesting (F1). The filing includes weighted‑average price footnotes showing sales executed across small price ranges (F2–F4); full per‑price breakdown available on request.
  • Timeliness: Form filed 2026-04-22 covering trades through 2026-04-22; no late filing flag indicated.

Context
These were insider sales under a pre-set 10b5‑1 plan to cover tax obligations from vested RSUs. Such planned sales are common and are generally considered routine liquidity or tax‑related events rather than an immediate signal about the company’s prospects.

Insider Transaction Report

Form 4
Period: 2026-04-20
Yi Steven
DirectorSee Remarks
Transactions
  • Sale

    Class A Common Stock

    [F1][F2]
    2026-04-20$10.06/sh28,543$287,0142,978,704 total
  • Sale

    Class A Common Stock

    [F1][F3]
    2026-04-21$10.08/sh16,047$161,6992,962,657 total
  • Sale

    Class A Common Stock

    [F1][F4]
    2026-04-22$9.88/sh4,000$39,5032,958,657 total
Footnotes (4)
  • [F1]The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person primarily to cover taxes resulting from the vesting of RSUs.
  • [F2]Reflects the weighted-average sale price for shares sold in multiple transactions at prices ranging from $9.98 to $10.22 per share. The Reporting Person undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
  • [F3]Reflects the weighted-average sale price for shares sold in multiple transactions at prices ranging from $10.00 to $10.20 per share. The Reporting Person undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
  • [F4]Reflects the weighted-average sale price for shares sold in multiple transactions at prices ranging from $9.76 to $9.94 per share. The Reporting Person undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
Signature
/s/ Jeffrey B. Coyne|2026-04-22

Documents

1 file
  • 4
    wk-form4_1776904731.xmlPrimary

    FORM 4