MediaAlpha, Inc.·4

Jul 15, 7:09 PM ET

Yi Steven 4

Research Summary

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MediaAlpha (MAX) CEO Yi Steven Sells 161,489 Shares

What Happened Yi Steven, MediaAlpha's Chief Executive Officer, President and Co‑founder, sold a total of 161,489 shares in three transactions between July 13–15, 2026. The trades consisted of 9,496 shares on 7/13 at $14.05 ($133,397), 37,701 shares on 7/14 at $14.06 ($530,004), and 114,292 shares on 7/15 at $14.17 ($1,619,118), for aggregate proceeds of approximately $2,282,519. These were sales (not purchases) and were reported on Form 4.

Key Details

  • Transaction dates and amounts:
    • 2026-07-13: 9,496 shares @ $14.05 = $133,397
    • 2026-07-14: 37,701 shares @ $14.06 = $530,004
    • 2026-07-15: 114,292 shares @ $14.17 = $1,619,118
  • Total sold: 161,489 shares for ~$2,282,519.
  • Shares owned after the transactions: not disclosed in the provided filing summary.
  • Notable footnotes:
    • Sales were effected under a Rule 10b5‑1 trading plan adopted primarily to cover taxes from RSU vesting (F1).
    • Footnotes F2–F4 note weighted‑average sale prices and state that a breakdown of shares sold at each separate price is available upon request.
  • Filing: Form 4 filed on 2026-07-15 covering the 7/13–7/15 transactions.

Context These transactions were routine insider sales under a preexisting 10b5‑1 plan to address tax obligations tied to RSU vesting. Sales under trading plans are common and do not, by themselves, indicate a change in the insider’s view of the company.