Eugene Nonko - Dec 1, 2025 Form 4 Insider Report for MediaAlpha, Inc. (MAX)

Role
Director
Signature
/s/ Jeffrey B. Coyne
Stock symbol
MAX
Transactions as of
Dec 1, 2025
Transactions value $
-$466,507
Form type
4
Date filed
12/3/2025, 05:23 PM
Previous filing
Nov 26, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
Nonko Eugene Director C/O MEDIAALPHA, INC., 700 SOUTH FLOWER STREET, SUITE 640, LOS ANGELES /s/ Jeffrey B. Coyne 2025-12-03 0001830016

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MAX Class A Common Stock Sale -$68.1K -5.4K -0.49% $12.60 1.09M Dec 1, 2025 Direct F1, F2
transaction MAX Class A Common Stock Sale -$67.9K -5.4K -0.5% $12.57 1.08M Dec 2, 2025 Direct F1, F3
transaction MAX Class A Common Stock Sale -$42.2K -3.2K -0.29% $13.19 1.08M Dec 3, 2025 Direct F1, F4
transaction MAX Class A Common Stock Sale -$30K -2.2K -0.2% $13.64 1.08M Dec 3, 2025 Direct F1, F5
transaction MAX Class A Common Stock Sale -$84.5K -6.7K -0.4% $12.61 1.66M Dec 1, 2025 By O.N.E. Holdings,LLC F1, F2
transaction MAX Class A Common Stock Sale -$84.2K -6.7K -0.4% $12.57 1.65M Dec 2, 2025 By O.N.E. Holdings,LLC F1, F6
transaction MAX Class A Common Stock Sale -$51.7K -3.92K -0.24% $13.20 1.65M Dec 3, 2025 By O.N.E. Holdings,LLC F1, F4
transaction MAX Class A Common Stock Sale -$37.9K -2.78K -0.17% $13.64 1.64M Dec 3, 2025 By O.N.E. Holdings,LLC F1, F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan previously adopted by the Reporting Person to cover taxes resulting from the vesting of RSUs.
F2 Reflects the weighted-average sale price for shares sold in multiple transactions at prices ranging from $12.40 to $12.71 per share. The Reporting Person undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F3 Reflects the weighted-average sale price for shares sold in multiple transactions at prices ranging from $12.425 to $12.705 per share. The Reporting Person undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F4 Reflects the weighted-average sale price for shares sold in multiple transactions at prices ranging from $12.715 to $13.50 per share. The Reporting Person undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F5 Reflects the weighted-average sale price for shares sold in multiple transactions at prices ranging from $13.515 to $13.74 per share. The Reporting Person undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F6 Reflects the weighted-average sale price for shares sold in multiple transactions at prices ranging from $12.4375 to $12.705 per share. The Reporting Person undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.
F7 Reflects the weighted-average sale price for shares sold in multiple transactions at prices ranging from $13.505 to $13.73 per share. The Reporting Person undertakes to provide upon request by the Securities and Exchange Commission staff, the issuer, or a security holder of the issuer, full information regarding the number of shares sold at each separate price.