Form 4: Director Trades 3,000 MIAX Shares Under 10b5-1 Plan
Insider Transaction Report
Judson Gray Teekell, a Director at Miami International Holdings, Inc. (MIAX), reported the sale of 3,000 common shares on July 2, 2026, executed under a pre-established Rule 10b5-1 trading plan.
Summary
- Judson Gray Teekell, a Director of Miami International Holdings, Inc. (MIAX), reported a transaction on July 2, 2026.
- The transaction involved the sale of 3,000 shares of common stock at a price of $40 per share.
- This sale was conducted in accordance with a Rule 10b5-1 trading plan, which was adopted by the reporting person on December 17, 2025.
- Following this transaction, Teekell beneficially owns 75,251 shares of common stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral filing, as the transaction was conducted under a pre-established 10b5-1 plan, which is a common and regulated method for insiders to trade securities.
Negatives
- Director Judson Gray Teekell sold 3,000 shares of common stock.
Future Outlook
The filing does not contain forward-looking statements or guidance.
Industry Context
StockSavvy.ai notes that Form 4 filings, particularly those involving Rule 10b5-1 plans, are standard disclosures for insider transactions. The execution of such a plan indicates a pre-arranged strategy for stock sales, often used by executives and directors to diversify holdings or manage personal finances without triggering insider trading concerns.
Stakeholder Impact
- Shareholders may note the sale of shares by a director, but the use of a 10b5-1 plan suggests a planned divestment rather than a reaction to negative company news.
Key Dates
| Date | Description |
|---|---|
| 2025-12-17 | Date Rule 10b5-1 trading plan was adopted by the Reporting Person. |
| 2026-07-02 | Transaction Date for the sale of 3,000 common shares. |
| 2026-07-07 | Date the Form 4 was signed by the Attorney-in-Fact. |
Keywords
MIAX, Miami International Holdings, Form 4, Insider Trading, Rule 10b5-1, Director Sale, Stock Transaction
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