COYNE JEFFREY B 4
4 · MediaAlpha, Inc. · Filed May 19, 2026
Research Summary
AI-generated summary of this filing
MediaAlpha (MAX) GC Jeffrey B. Coyne Sells Shares
What Happened
- Jeffrey B. Coyne, General Counsel and Secretary of MediaAlpha (MAX), disposed of a total of 14,231 shares on May 15, 2026 for aggregate proceeds of $114,787. Transactions included four issuer-withheld amounts to cover tax withholding on vested RSUs (9,231 shares at $8.05 each) and an open-market sale of 5,000 shares at an average price of $8.10 ($40,477).
Key Details
- Transaction breakdown:
- 1,808 shares withheld @ $8.05 = $14,554 (tax withholding)
- 1,573 shares withheld @ $8.05 = $12,663 (tax withholding)
- 3,233 shares withheld @ $8.05 = $26,026 (tax withholding)
- 2,617 shares withheld @ $8.05 = $21,067 (tax withholding)
- 5,000 shares sold open market @ $8.10 = $40,477 (disposed)
- Total shares disposed: 14,231; total proceeds: $114,787.
- Footnotes: issuer withheld shares to cover tax obligations on previously reported RSUs (F1); the open-market sale was effected under a Rule 10b5-1 trading plan primarily to cover taxes (F2); weighted-average sale prices for multiple trades ranged $8.025–$8.195 and the filer will provide per-price details on request (F3).
- Filing timeliness: Transaction dated May 15, 2026; Form 4 filed May 19, 2026 — appears to be timely (filed within the two business-day SEC window).
Context
- These were dispositions, not purchases. The majority (9,231 shares) were shares withheld by the issuer to satisfy tax-withholding obligations when RSUs vested (a routine administrative step). The 5,000-share sale was carried out under a pre-established Rule 10b5-1 plan, which typically indicates the trades were scheduled in advance and are not necessarily a contemporaneous signal of the insider’s view. Shares owned after the transactions were not provided in the excerpt of the filing.
Insider Transaction Report
Form 4
COYNE JEFFREY B
GENERAL COUNSEL AND SECRETARY
Transactions
- Tax Payment
Class A Common Stock
[F1]2026-05-15$8.05/sh−1,808$14,554→ 604,187 total - Tax Payment
Class A Common Stock
[F1]2026-05-15$8.05/sh−1,573$12,663→ 602,614 total - Tax Payment
Class A Common Stock
[F1]2026-05-15$8.05/sh−3,233$26,026→ 599,381 total - Tax Payment
Class A Common Stock
[F1]2026-05-15$8.05/sh−2,617$21,067→ 596,764 total - Sale
Class A Common Stock
[F2][F3]2026-05-15$8.10/sh−5,000$40,477→ 591,764 total
Footnotes (3)
- [F1]Represents shares withheld automatically by the Issuer to cover required tax withholding obligations due at settlement of restricted stock units previously reported in Table I as Class A Common Stock.
- [F2]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.
- [F3]Reflects the weighted-average sale price for shares sold in multiple transactions at prices ranging from $8.025 to $8.195 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|2026-05-19