MIAX EVP Shelly Brown Surrenders 3,619 Shares for Taxes

What Happened
Shelly Brown, EVP and Chief Strategy Officer of Miami International Holdings, surrendered 3,619 shares on June 11, 2026 at an effective price of $40.79 per share, representing $147,619, to satisfy tax withholding obligations related to the net settlement of restricted stock awards. This filing is coded as "F" (tax withholding) and the shares were surrendered to the company — not sold on the open market by the reporting person.

Key Details

• Transaction date and price: June 11, 2026 — 3,619 shares at $40.79 per share (total $147,619)
• Transaction code: F (payment of exercise price or tax liability / tax withholding)
• Footnote: Shares were surrendered to the company to satisfy tax withholding in connection with net settlement of restricted stock awards; not a sale by the reporting person.
• Filing: Reported on June 12, 2026 (timely filing); no late filing indicated.
• Shares owned after transaction: Not disclosed in the provided filing excerpt.

Context
This was a tax-withholding/net settlement action tied to restricted stock awards—commonly executed by surrendering a portion of issued shares to cover taxes. Such transactions are administrative and do not necessarily reflect a change in insider sentiment; they differ from open-market sales where an insider disposes of shares for cash.