MIAX's Revenue Jumped 35% to a Record. Here's What to Know About Its Insider Activity
Comly exercised fully vested options and sold under a pre-arranged Rule 10b5-1 plan established seven months prior. She retains 883,000 directly held shares.
Overview
Barbara J. Comly, EVP, GC & Corporate Secretary of Miami International Holdings, Inc. (NYSE:MIAX), sold 44,445 shares of common stock on August 4, as disclosed in a recent SEC Form 4 filing.
Transaction value based on SEC Form 4 weighted average sale price ($45.69); post-transaction value based on the August 4 market close ($45.34).
Details
Miami International Holdings is a mid-cap financial services infrastructure provider with a $4.4 billion market capitalization that operates as a critical marketplace operator in U.S. capital markets. The company's diversified platform architecture across options, equities, and futures segments positions it to capture trading volume across multiple asset classes. MIAX maintains competitive advantages through its technology infrastructure, regulatory approvals across multiple asset classes, and established relationships with market participants seeking alternative execution venues.
Source
Originally published at www.fool.com.