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sellWeak cluster of 610b5-1 plan

Thomas P. Gallagher sold $2.0M of MIAX

Chairman & CEO at MIAMI INTERNATIONAL HOLDINGS, INC.. 47,000 shares at an average of $42.43, traded Sep 3, 2026, filed Sep 4, 2026.

Warning score
30
Value
$2.0M
47,000 shares
Holdings after
1,423,275
-3% from before
From 52-week low
-
no price yet
From 52-week high
-
no price yet

Score components

  • Role
    CEO
    +25
  • Trade size
    $2.0M at market
    +25
  • Share of holdings sold
    Sold 3.2% of holdings
    0
  • Cluster
    6 insiders selling within 14 days
    +15
  • Exercise and sell
    Shares came from an option exercise in the same filing
    -15
  • 10b5-1 plan
    Pre-scheduled under a 10b5-1 plan
    -20

What happened after comparable sells

Same side and tier, against the S&P 500, at 1, 3 and 6 months. Shown to Pro users; the whole table is on the backtest page.

Price around the trade, and since

From a quarter before the trade to today. The arrow is the trade, the circle the day the filing reached EDGAR, which is the first day anyone outside could act; the dotted line is the S&P 500 rebased to that day's close.

MIAXOct 9, 2026 · close 30.71
Since filing Sep 4, 2026: -27.6%SPY +1.3% · excess -28.9%

Daily candles, adjusted for splits and dividends. Green arrows are insider buys, red are sells, sized by value; the dashed line is the close on the filing day, the dotted line SPY rebased to it.Charts by TradingView Lightweight Charts™

Rows in this filing

Every transaction in Form 4 0002080477-26-000018, as filed. Open on EDGAR

DateTransactionSharesPriceValueHoldings afterFiled
Sep 3, 2026MOption exercise
Common Stockindirect: By Gallagher Investments, LLC10b5-1
+47,000$12.00$564k1,470,27538 d ago
Sep 3, 2026SOpen-market sale
Common Stockindirect: By Gallagher Investments, LLC10b5-1
-47,000$42.43$2.0M1,423,27538 d ago
Sep 3, 2026MOption exercise
Common Stock10b5-1
+16,666$12.00$200k760,60538 d ago
Sep 3, 2026MOption exercise
Common Stock10b5-1
+8,333$12.00$100k768,93838 d ago
Sep 3, 2026MOption exercise
Common Stock10b5-1
+13,140$15.22$200k782,07838 d ago
Sep 3, 2026MOption exercise
Common Stock10b5-1
+4,464$22.40$100k786,54238 d ago
Sep 3, 2026MOption exercise
Nonqualified Stock Option (Right to Buy)derivativeindirect: By Gallagher Investments, LLC10b5-1
-47,000$0.00$0188,00038 d ago
Sep 3, 2026MOption exercise
Incentive Stock Option (Right to Buy)derivative10b5-1
-16,666$0.00$0038 d ago
Sep 3, 2026MOption exercise
Incentive Stock Option (Right to Buy)derivative10b5-1
-8,333$0.00$0038 d ago
Sep 3, 2026MOption exercise
Incentive Stock Option (Right to Buy)derivative10b5-1
-13,140$0.00$0038 d ago
Sep 3, 2026MOption exercise
Incentive Stock Option (Right to Buy)derivative10b5-1
-4,464$0.00$08,92838 d ago

Related signals

Other insiders at MIAMI INTERNATIONAL HOLDINGS, INC. and this insider’s other filings.

ScoreCompanyInsiderValueHoldingsFiled
5Weak
MIAXsell10b5-1
MIAMI INTERNATIONAL HOLDINGS, INC.
Douglas M. Schafer JR
EVP and CIO
$1.3M
40,000 shares
-9%
32Weak
MIAXsell 610b5-1
MIAMI INTERNATIONAL HOLDINGS, INC.
Shelly Brown
EVP, Chief Strategy Officer
$819k
21,217 shares
-6%
20Weak
MIAXsell 610b5-1
MIAMI INTERNATIONAL HOLDINGS, INC.
Barbara J. Comly
EVP, GC & Corporate Secretary
$1.8M
44,445 shares
-5%
12Weak
MIAXsell 610b5-1
MIAMI INTERNATIONAL HOLDINGS, INC.
Edward Deitzel
EVP, CRO, CCO MIAX Exchanges
$464k
11,000 shares
-8%
25Weak
MIAXsell 610b5-1
MIAMI INTERNATIONAL HOLDINGS, INC.
Judson Gray Teekell
director
$353k
8,545 shares
-10%
25Weak
MIAXsell 610b5-1
MIAMI INTERNATIONAL HOLDINGS, INC.
Douglas M. Schafer JR
EVP and CIO
$1.9M
48,000 shares
-11%
28Weak
MIAXsell 210b5-1
MIAMI INTERNATIONAL HOLDINGS, INC.
Shelly Brown
EVP, Chief Strategy Officer
$1.0M
25,932 shares
-8%
18Weak
MIAXsell 210b5-1
MIAMI INTERNATIONAL HOLDINGS, INC.
Kurt M. Eckert
director
$1.5M
37,917 shares
-21%
43Moderate
MIAXbuy
MIAMI INTERNATIONAL HOLDINGS, INC.
Murray Stahl
director
$310k
7,200 shares
+0%
43Moderate
MIAXbuy
MIAMI INTERNATIONAL HOLDINGS, INC.
Murray Stahl
director
$312k
7,200 shares
+0%

Not investment advice. Scores and forward returns are decision support built from public SEC filings and past prices; they describe what happened after comparable filings, not what will happen after this one. Do your own research and size your risk.

Thomas P. Gallagher sold $2.0M of MIAX | InsiderTell