Brown Shelly 4

What Happened Shelly Brown, Executive Vice President and Chief Strategy Officer of Miami International Holdings, surrendered 19,902 shares on 2026-02-18 to satisfy tax withholding associated with the net settlement of restricted stock awards. The shares were valued at $40.89 each for a total of $813,793. The filing notes this surrender was to cover tax obligations and “does not represent a sale by the reporting person.”

Key Details

• Transaction date: 2026-02-18 (filed with SEC on 2026-02-20)
• Shares surrendered/used for tax withholding: 19,902 at $40.89 each; total value shown $813,793
• Transaction code: F (payment of exercise price or tax liability / tax withholding)
• Footnote: Shares surrendered to the company to satisfy tax withholding on net-settled restricted stock awards; not an open-market sale by the insider
• Shares owned after transaction: Not specified in the provided filing

Context This was a routine tax-withholding/net-settlement transaction related to restricted stock awards, not a public sale of shares. Such surrenders are common when equity awards vest and typically reflect payroll tax handling rather than a change in the insider’s market exposure.