MIAX CISO Jayabalan sells 20,000 shares in 2 transactions for $801,617.36 under pre-arranged 10b5-1 plan
Harish Jayabalan, EVP, CISO and CRO, executed 2 separate sales totaling 20,000 shares ($801,617.36) at blended average price $40.08 on 2026-06-08 and 2026-06-09, reducing non-derivative holdings from 93,405 to 73,405 shares. The sales were scheduled under a pre-arranged 10b5-1 trading plan adopted 2026-03-09, indicating non-discretionary execution. The insider retains 11,451 derivative shares in the form of nonqualified stock options. The stock trades at $40.79 (current), down -28.6% from its 52-week high of $57.14 and down -21.8% over 30 days, while the company reported revenue of $369,690,000.00 and net income of $170,224,000.00 in the latest quarter with +19.6% annual revenue growth.