Miami International Director Sells $108,000 in Shares

Judson Gray Teekell reduces stake by 4.35% through pre-arranged trading plan

Apr. 4, 2026 at 10:43am

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Judson Gray Teekell, a director at Miami International Holdings, Inc. (NYSE:MIAX), sold 2,700 shares of the company's stock on Thursday, April 2nd. The shares were sold at an average price of $40.00, for a total value of $108,000.00. Following the sale, Teekell still owns 59,338 shares of the company, valued at approximately $2,373,520.

Why it matters

Insider transactions, such as stock sales by company directors, can provide insights into management's views on a company's prospects. While a single transaction does not necessarily indicate a broader trend, ongoing sales by insiders may signal potential concerns or a desire to diversify personal holdings.

The details

The transaction was executed under a pre-arranged Rule 10b5-1 trading plan, which allows corporate insiders to schedule stock trades in advance and avoid allegations of insider trading. Miami International Holdings is a U.S. exchange holding company that operates electronic trading venues and provides market infrastructure for listed options and related products.

  • The shares were sold on Thursday, April 2nd, 2026.

The players

Judson Gray Teekell

A director at Miami International Holdings, Inc. (NYSE:MIAX).

Miami International Holdings, Inc.

A U.S. exchange holding company that operates electronic trading venues and provides market infrastructure for listed options and related products.

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The takeaway

This insider sale, while relatively small in size, highlights the need for investors to closely monitor insider transactions as they can provide valuable insights into a company's performance and management's outlook.