Nexxen Director Buys $175K in Stock
Ticker: NEXN · Form: 6-K · Filed: Jul 10, 2024 · CIK: 1849396
| Field | Detail |
|---|---|
| Company | Nexxen International Ltd. (NEXN) |
| Form Type | 6-K |
| Filed Date | Jul 10, 2024 |
| Risk Level | low |
| Pages | 1 |
| Reading Time | 1 min |
| Sentiment | bullish |
Sentiment: bullish
Topics: insider-buy, disclosure, stock-purchase
Related Tickers: NEXN
TL;DR
Nexxen director David Shuman just bought $175K of company stock at $1.75/share.
AI Summary
Nexxen International Ltd. announced on July 10, 2024, that Director David Shuman purchased 100,000 ordinary shares of the company. The shares were acquired at an average price of $1.75 per share, totaling $175,000.
Why It Matters
This insider purchase signals confidence from a key executive in the company's future prospects, potentially influencing investor sentiment.
Risk Assessment
Risk Level: low — This filing is a routine disclosure of an insider stock purchase, which typically carries low risk.
Key Numbers
- $175,000 — Insider Purchase Value (Total amount spent by director David Shuman on acquiring Nexxen shares.)
- 100,000 — Shares Purchased (Number of ordinary shares acquired by director David Shuman.)
- $1.75 — Average Share Price (The average price per share paid by David Shuman.)
Key Players & Entities
- Nexxen International Ltd. (company) — Filing company
- David Shuman (person) — Director who purchased shares
- 100,000 (dollar_amount) — Number of shares purchased
- $1.75 (dollar_amount) — Average price per share
- $175,000 (dollar_amount) — Total value of shares purchased
- July 10, 2024 (date) — Date of the announcement and transaction
FAQ
Who is David Shuman and what is his role at Nexxen International Ltd.?
David Shuman is a Director at Nexxen International Ltd. and purchased 100,000 ordinary shares.
When did this stock purchase occur?
The announcement was made on July 10, 2024, and the purchase was made on the same date.
What was the total cost of the shares purchased by David Shuman?
The total cost of the shares purchased was $175,000.
What was the average price per share for this transaction?
The average price per share was $1.75.
Is this a common filing for Nexxen International Ltd.?
This is a Form 6-K, which is a report of foreign private issuers submitted periodically or when required, often used for material events like insider transactions.
Filing Stats: 319 words · 1 min read · ~1 pages · Grade level 14 · Accepted 2024-07-10 16:30:53
Filing Documents
- zk2431656.htm (6-K) — 11KB
- exhibit_99-1.htm (EX-99.1) — 31KB
- 0001178913-24-002173.txt ( ) — 44KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized. Nexxen International Ltd. By: /S/ Sagi Niri Name: Sagi Niri Title: Chief Financial Officer Date: July 10, 2024 Exhibit List Exhibit 99.1 Company announcement dated July 10, 2024, "Director Dealings Pursuant to Previously Established Non-Discretionary Plans to Trade Under Rule 10b-5".