SecBot SecBot
144 ·Filed Apr 20, 2026

MAX

MediaAlpha, Inc.
NEUTRAL
Impact 3/10
Horizondays Processed6mo ago SEC0001921094-26-000408
Form 144 — notice of proposed sale of securities
Actionable Insight • Neutral

Monitor for actual Form 4 filings to confirm execution of these sales. While routine for directors to sell vested RSUs, the cumulative volume of insider selling since January 2026 may signal reduced confidence if it accelerates ahead of earnings or macro headwinds in digital advertising.

DirectionNeutral
Confidencehigh
Horizondays
Final — all horizons settled through T+60d
MAX ▲ +42.37% at T+60d
NEUTRAL call +42.37% · α vs SPY +35.47% · entry $9.89 → $14.08
Entry = T+0 close
Apr 20, 2026
via day close
T+1d
-0.40%
call -0.40% · α -1.42%
$9.85
settled 6mo ago
T+5d
+1.21%
call +1.21% · α +0.13%
$10.01
settled 6mo ago
T+20d
-16.18%
call -16.18% · α -21.09%
$8.29
settled 5mo ago
T+60d
+42.37%
call +42.37% · α +35.47%
$14.08
settled 3mo ago

Price Chart

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Executive Summary

Eugene Nonko, a director of MediaAlpha, filed a Form 144 to notify intent to sell up to 254,100 shares, valued at approximately $2.55 million based on recent trading prices. This follows a series of prior sales totaling over $1.3 million in early 2026 and aligns with ongoing insider selling activity, including $427K in sales over the past 30 days.

Key Facts

  • Eugene Nonko, a director, intends to sell up to 254,100 shares of MediaAlpha (MAX).
  • The shares are valued at approximately $2,552,435 based on the filing, implying a price of ~$10.05 per share.
  • Nonko has conducted multiple sales in 2026, including a block of 108,003 shares in March valued at $1.08 million.
  • Total insider sales in the past 30 days amount to $427K across 10 transactions.
  • Shares were acquired between April 30, 2022, and February 15, 2026, primarily through equity compensation.

Financial Impact

$2.55 million in potential insider selling

insider ownershipshare floatmarket sentiment

Risk Factors

  • Sustained insider selling could pressure the stock if perceived as a lack of confidence.
  • Potential for increased share supply in the market, especially if sold near-term.

Market Snapshot

Exchange
NYSE
Sector
Services-Business Services, NEC

Investment Themes

Software & IT

Documents Analyzed

This report is based on 3 SEC documents filed with EDGAR.

DocumentAccession Number
144 Filing (Primary)0001921094-26-000408
Document: 0001921094-26-000408-index.html0001921094-26-000408
Document: 0001921094-26-000408.txt0001921094-26-000408
39 reports for MAX
Performance horizon
73% Hit rate @ T+20 8 of 11 directional calls Went positive at some point 10 of 12 best @ T+60▲ +28.53%Jul 8, 2026
Filters
Rows
Reports for MAX — sortable, filterable
TypeNow
Oct 26, 2026
1d ago
144
NEUTRAL ★ 3/10
$11.88awaiting T+20—$11.77 (−0.93%)
Oct 21, 2026
5d ago
Insider Cluster
NEUTRAL ★ 2/10
$12.41awaiting T+20—$11.77 (−5.16%)
Oct 13, 2026
14d ago
144
BEARISH ★ 5/10
$10.47awaiting T+20—$11.77 (−12.42%)
Oct 8, 2026
19d ago
144
NEUTRAL ★ 2/10
$10.09awaiting T+20—$11.77 (+16.65%)
Sep 23, 2026
4w ago
Insider Cluster
NEUTRAL ★ 2/10
$9.45 $12.41▲ +31.32%▲ +31.74%$11.77 (+24.55%)
Sep 16, 2026
5w ago
Insider Cluster
BEARISH ★ 4/10
$10.57 $11.68▼ −10.50%▼ −9.30%$11.77 (−11.35%)
Sep 10, 2026
6w ago
Insider Cluster
BEARISH ★ 5/10
$11.65 $10.09▲ +13.39%▲ +15.26%$11.77 (−1.03%)
Sep 9, 2026
6w ago
Insider Cluster
NEUTRAL ★ 3/10
$11.74 $10.68▼ −9.03%▼ −11.15%$11.77 (+0.26%)
Sep 3, 2026
7w ago
8-K / PRESS-RELEASE
BULLISH ★ 6/10
$12.22 $9.62▼ −21.28%▼ −20.09%$11.77 (−3.68%)
Sep 2, 2026
7w ago
Insider Cluster
NEUTRAL ★ 2/10
$12.22 $9.62▼ −21.28%▼ −20.09%$11.77 (−3.68%)
Showing 10 of 39

US Market Status

Market Closed — Opens Wed (15h 39m)

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Report published Apr 20, 2026