The selling activity is minor and not concentrated enough to signal distress; the grants are routine. Traders should monitor for larger-scale sales or negative fundamentals, but this cluster does not suggest material concern.
Price Chart
Executive Summary
Multiple insiders at MediaAlpha (MAX) engaged in trading activity over the past week, including open-market sales by Director Nonko Eugene and Chief Revenue Officer Keith Cramer totaling $142K, alongside large non-cash share awards to executives. The sales are small relative to the company's $622M market cap and appear routine, while the grants are standard compensation events.
Key Financial Metrics
Key Facts
- Chief Revenue Officer Keith Cramer sold $98,946 worth of shares in open-market transactions.
- Director Nonko Eugene sold $43,439 worth of shares across two days.
- Total open-market sales in the cluster amount to $142,385.
- Multiple C-suite executives and directors received non-cash stock awards totaling millions of shares, valued at $0 in economic terms.
- Total insider sales represent just 0.023% of MediaAlpha's $622M market cap.
Financial Impact
$142,385 in total open-market sales; non-cash grants have no direct financial impact.
Risk Factors
- Perception risk if media highlights insider selling without context.
- Potential for incremental dilution over time from recurring equity grants.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (12 trades, 7d window) | cluster-MAX-1773796710829 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 26, 2026 today | 144 | $11.88 | awaiting T+20 | — | $11.88 (+0.00%) |
Oct 21, 2026 5d ago | Insider Cluster | $12.41 | awaiting T+20 | — | $11.88 (−4.27%) |
Oct 13, 2026 13d ago | 144 | $10.47 | awaiting T+20 | — | $11.88 (−13.47%) |
Oct 8, 2026 18d ago | 144 | $10.09 | awaiting T+20 | — | $11.88 (+17.74%) |
Sep 23, 2026 4w ago | Insider Cluster | $9.45 $12.41 | ▲ +31.32% | ▲ +31.74% | $11.88 (+25.71%) |
Sep 16, 2026 5w ago | Insider Cluster | $10.57 $11.68 | ▼ −10.50% | ▼ −9.30% | $11.88 (−12.39%) |
Sep 10, 2026 6w ago | Insider Cluster | $11.65 $10.09 | ▲ +13.39% | ▲ +15.26% | $11.88 (−1.97%) |
Sep 9, 2026 6w ago | Insider Cluster | $11.74 $10.68 | ▼ −9.03% | ▼ −11.15% | $11.88 (+1.19%) |
Sep 3, 2026 7w ago | 8-K / PRESS-RELEASE | $12.22 $9.62 | ▼ −21.28% | ▼ −20.09% | $11.88 (−2.78%) |
Sep 2, 2026 7w ago | Insider Cluster | $12.22 $9.62 | ▼ −21.28% | ▼ −20.09% | $11.88 (−2.78%) |
US Market Status
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