Monitor for further insider selling, especially from C-suite executives. While the total value is modest relative to market cap, a senior executive selling a seven-figure amount may signal reduced confidence ahead of potential volatility or earnings.
Price Chart
Executive Summary
Two insiders at MIAX sold shares in the past week, including EVP and Chief Strategy Officer Shelly Brown who sold nearly $1.02M worth of stock. Director Judson Gray also sold a smaller block worth $12,000. All transactions were open-market sales with no purchases in this window.
Key Financial Metrics
Key Facts
- EVP and Chief Strategy Officer Shelly Brown sold 25,932 shares for $1,019,905.56 in an open-market transaction.
- Director Judson Gray sold 300 shares for $12,000, also via open-market sale.
- Total open-market sales in the cluster: $1,031,905.56 over 7 days.
- No open-market purchases or other acquisition transactions occurred in this cluster window.
Financial Impact
$1.03 million in open-market sales, representing approximately 0.03% of MIAX's $3.5B market cap
Risk Factors
- Sustained insider selling could erode investor confidence.
- The timing may suggest concerns about near-term performance or valuation.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CONTEXT: Insider Cluster Data (2 trades, 7d window) | cluster-MIAX-1774557153013 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 27, 2026 today | SC 13G/A | $33.03 | awaiting T+1 | — | $32.53 (−1.51%) |
Oct 26, 2026 1d ago | Insider Cluster | $33.16 | awaiting T+1 | — | $32.53 (−1.90%) |
Oct 1, 2026 26d ago | Press Release | $33.75 $33.01 | ▼ −2.19% | ▼ −2.93% | $32.53 (−3.61%) |
Sep 4, 2026 7w ago | Insider Cluster | $43.46 $42.89 | ▼ −1.31% | ▼ −0.85% | $32.53 (−25.15%) |
Sep 4, 2026 7w ago | Insider Cluster | $43.46 $42.89 | ▼ −1.31% | ▼ −0.85% | $32.53 (−25.15%) |
Aug 19, 2026 9w ago | Insider Cluster | $41.32 $42.59 | ▲ +3.07% | ▲ +2.66% | $32.53 (−21.27%) |
Aug 19, 2026 9w ago | Insider Cluster | $41.32 $42.59 | ▼ −3.07% | ▼ −2.66% | $32.53 (+21.27%) |
Aug 6, 2026 11w ago | Insider Cluster | $44.23 $43.59 | ▲ +1.45% | ▲ +1.42% | $32.53 (+26.45%) |
Jul 16, 2026 14w ago | Insider Cluster | $42.33 $42.04 | ▼ −0.69% | ▼ −0.52% | $32.53 (−23.15%) |
Jul 14, 2026 15w ago | Insider Cluster | $42.43 $42.89 | ▲ +1.08% | ▲ +1.63% | $32.53 (−23.33%) |
US Market Status
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