Insider Selling: MediaAlpha (NYSE:MAX) Director Sells $108,962.40 in Stock
MarketBeat
MediaAlpha, Inc. (NYSE:MAX - Get Free Report) Director Eugene Nonko sold 8,205 shares of the firm's stock in a transaction dated Monday, July 27th. The stock was sold at an average price of $13.28, for a total value of $108,962.40. Following the completion of the transaction, the director owned 1,052,907 shares in the company, valued at approximately $13,982,604.96. This trade represents a 0.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
NYSE:MAX
