MIAX MIAMI INTERNATIONAL HOLDINGS, INC.
Price Chart
Executive Summary
Two insiders at MIAX sold a combined $1.21M in open-market sales over a 7-day window, including an EVP and a Director. The sales follow option exercises and coincide with tax-withholding transactions by other executives, suggesting a mix of liquidity and portfolio diversification rather than a coordinated bearish signal. At 0.03% of market cap, the dollar value is trivial and does not indicate material negative information.
Key Financial Metrics
Actionable Insight
The insider sales are routine and immaterial relative to MIAX's $3.9B market cap. Monitor for any upcoming earnings or material corporate events that could explain the option exercises, but no immediate trading signal is warranted.
Key Facts
- Total open-market sales: $1.21M (0.03% of $3.9B market cap)
- Two insiders sold: EVP Harish Jayabalan ($392K) and Director Cynthia Schwarzkopf ($814K)
- Both sales followed option exercises at $12/share, generating cash for tax obligations
- Three other executives had tax-withholding transactions (non-cash) totaling $1.72M
- No insider purchases in the cluster; net direction is selling
Financial Impact
0.03% of market cap — trivial relative to company size
Risk Factors
- Insider sales could accelerate if the stock continues to trade near $41, but current volume is too small to be predictive
- No bearish signal from this cluster — the risk of misinterpretation is the main concern
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-MIAX-1781295606509 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 17, 2026
3d ago
|
8-K
| $37.85 awaiting T+1 | awaiting T+1 | — | $37.65 (−0.52%) |
|
Jun 17, 2026
3d ago
|
Insider Cluster
| $37.85 awaiting T+1 | awaiting T+1 | — | $37.65 (−0.52%) |
|
Jun 17, 2026
3d ago
|
Insider Cluster
| $37.85 awaiting T+1 | awaiting T+1 | — | $37.65 (−0.52%) |
|
Jun 17, 2026
3d ago
|
Insider Cluster
| $37.85 awaiting T+1 | awaiting T+1 | — | $37.65 (−0.52%) |
|
Jun 17, 2026
3d ago
|
Insider Cluster
| $37.85 awaiting T+1 | awaiting T+1 | — | $37.65 (−0.52%) |
|
Jun 17, 2026
3d ago
|
Insider Cluster
| $37.85 awaiting T+1 | awaiting T+1 | — | $37.65 (−0.52%) |
|
Jun 17, 2026
3d ago
|
Insider Cluster
| $37.85 awaiting T+1 | awaiting T+1 | — | $37.65 (−0.52%) |
|
Jun 17, 2026
3d ago
|
Insider Cluster
| $37.85 awaiting T+1 | awaiting T+1 | — | $37.65 (−0.52%) |
|
Jun 12, 2026
8d ago
|
Insider Cluster
| $44.11 $40.24 | ▼ −8.77% | ▼ −8.18% | $37.65 (−14.65%) |
|
Jun 12, 2026
8d ago
|
Insider Cluster
| $44.11 $40.24 | ▼ −8.77% | ▼ −8.18% | $37.65 (−14.65%) |
US Market Status
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