Miami International Executive Sells $37,800 in Stock

Shelly Brown, EVP, reduces her stake by 0.28% through pre-arranged trading plan

Apr. 8, 2026 at 10:43pm

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An extreme close-up of the intricate gears, circuits, and cooling systems of a high-performance stock trading computer server, conveying the complex financial infrastructure that powers modern markets.An insider's view of the powerful machinery driving Miami International's electronic trading platforms.Today in Miami

Shelly Brown, the Executive Vice President of Miami International Holdings, Inc. (NYSE:MIAX), sold 900 shares of the company's stock on Tuesday, April 7th. The shares were sold at an average price of $42.00, resulting in a total transaction value of $37,800.00. Following the sale, Brown still owns 324,147 shares in the company, valued at approximately $13.6 million.

Why it matters

Insider trading activity can provide insights into a company's performance and management's confidence in the business. While this sale represents a relatively small portion of Brown's overall stake, it may signal a shift in her outlook or a need for personal liquidity.

The details

The stock sale was executed under a pre-arranged Rule 10b5-1 trading plan, which allows corporate insiders to schedule stock transactions in advance and trade on a predetermined schedule. Brown has made several other sales of Miami International stock in recent months, including the disposal of 2,357 shares on April 6th and 25,932 shares on March 23rd.

  • The stock sale occurred on Tuesday, April 7, 2026.
  • Brown also sold 2,357 shares on Monday, April 6, 2026.
  • Brown previously sold 25,932 shares on Monday, March 23, 2026.

The players

Shelly Brown

Executive Vice President of 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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What they’re saying

“The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.”

— Shelly Brown, Executive Vice President

What’s next

The company's next earnings report is scheduled for Wednesday, May 6, 2026, which may provide additional context around the insider trading activity.

The takeaway

While this stock sale represents a small portion of Shelly Brown's overall stake in Miami International, it could signal a shift in her outlook on the company's near-term prospects. Investors will be watching for any further insider trading activity and the company's upcoming financial results for additional insights.