MIAX EVP Shelly Brown Sells 4,714 Shares

What Happened
Shelly Brown, Executive Vice President and Chief Strategy Officer of Miami International Holdings, Inc. (MIAX), sold 4,714 shares on June 15, 2026. The shares were disposed for total proceeds of approximately $208,500 at a weighted-average price of $44.23 per share. The sale was executed in multiple trades during the day at prices ranging from $43.36 to $45.04.

Key Details

• Transaction date: 2026-06-15; Form 4 filed: 2026-06-17 (filed within the normal reporting window).
• Amount: 4,714 shares sold; weighted-average price reported: $44.23; total proceeds: ~$208,500.
• Price range across trades: $43.36–$45.04 (per footnote). The reported price is a weighted average (F2).
• Transaction code: S (Sale). The sale was effected pursuant to a previously established Rule 10b5-1 trading plan adopted December 22, 2025 (F1).
• Shares owned after the transaction: Not specified in the provided filing details.
• Additional note: The reporting person offers to provide, on request, the number of shares and prices for each trade that made up the weighted average (F2).

Context
The sale was made under a pre-established Rule 10b5-1 plan, which generally means the trades were scheduled in advance and may not reflect immediate insider sentiment. Sales under such plans are common for tax or liquidity purposes and are typically considered routine rather than a clear negative signal about the company.