4/A: Shelly Brown Trades MIAX Holdings Stock

Shelly Brown, EVP, Chief Strategy Officer of Miami International Holdings, Inc. (MIAX), reported transactions involving common stock and stock options.

Summary

• Shelly Brown, EVP, Chief Strategy Officer of Miami International Holdings, Inc. (MIAX), reported a sale of 2,357 shares of common stock on April 6, 2026, at a price of $41.33 per share.
• On April 7, 2026, Brown exercised a nonqualified stock option to acquire 900 shares of common stock at an exercise price of $12 per share.
• Simultaneously, on April 7, 2026, Brown sold 900 shares of common stock at $42 per share.
• Following these transactions, Brown beneficially owns 325,047 shares of common stock directly.
• The filing also notes a correction to a previous options exercise and the amount of securities beneficially owned.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it primarily reports routine insider transactions and option exercises, with no strong indicators of significant positive or negative company performance.

Positives

• The exercise of stock options at a price of $12 and subsequent sale of shares at $42 indicates a profitable transaction for the reporting person.
• The reporting person retains a significant direct beneficial ownership of 325,047 shares of common stock.

Negatives

• A sale of 2,357 shares of common stock was reported on April 6, 2026.

Future Outlook

No specific future outlook or guidance is provided in this insider transaction filing.

Management Comments

• Reflects a correction (i) to an options exercise that occurred simultaneously to the sale of 900 shares of common stock and (ii) to the amount of securities beneficially owned by the Reporting Person.
• The options are fully vested.

Industry Context

StockSavvy.ai notes that Form 4 filings are standard disclosures for insider transactions, providing transparency into the buying and selling activities of company executives and directors. These transactions can offer insights into management's confidence in the company's prospects, though they are often part of pre-planned trading programs.

Stakeholder Impact

• Shareholders: The transactions provide transparency into insider activity, which can influence investor sentiment. The retention of significant ownership by the EVP suggests continued commitment.

Key Dates

Keywords

Form 4, SEC Filing, Insider Trading, Stock Options, Beneficial Ownership, Miami International Holdings, MIAX, Shelly Brown, Executive Transactions