Insider Trading July 15, 2026 07:16 PM

MediaAlpha CRO Keith Cramer Executes $184,494 Stock Sale Under Pre-Arranged Plan

Executive transaction occurs as MediaAlpha shares near 52-week highs and recent quarterly earnings exceed forecasts, highlighting ongoing corporate governance and valuation dynamics.

By Caleb Monroe
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MAX

Keith Cramer, the Chief Revenue Officer at MediaAlpha, Inc. (NASDAQ:MAX), executed a sale of 13,000 shares of the company’s Class A Common Stock on July 15, 2026. The transaction, valued at $184,494, was conducted under a pre-arranged Rule 10b5-1 trading plan. The sale price per share ranged from $13.87 to $14.31, with a weighted average of $14.1919. This move comes as MediaAlpha’s stock trades near its 52-week high of $14.39, reflecting a 38% gain over the past year. The filing indicates the primary purpose of the sale was to cover taxes resulting from the vesting of restricted stock units. Following the transaction, Cramer directly holds 267,528 shares of MediaAlpha Class A Common Stock. According to InvestingPro analysis, the stock appears undervalued at current levels, with the platform tracking 13+ additional key insights for MAX investors. The company is among 1,400+ US equities covered by comprehensive Pro Research Reports. In other recent news, MediaAlpha Inc. reported first-quarter 2026 earnings that exceeded revenue expectations, bringing in $310 million compared to the forecasted $298.71 million. This positive financial performance highlights a strong start to the year for the company. Additionally, MediaAlpha appointed Lauren StClair to its board of directors, where she will also serve on the audit committee. StClair is currently the chief financial officer of Slice Technologies, Inc. and has previous experience as CFO at NerdWallet, Inc. These developments reflect ongoing strategic moves within the company. Despite the earnings beat, the company’s stock experienced a decline, although this was not directly related to the financial results. The stock’s performance might be influenced by broader market trends or investor sentiment. These recent developments are significant for investors keeping an eye on MediaAlpha’s progress.

MediaAlpha CRO Keith Cramer Executes $184,494 Stock Sale Under Pre-Arranged Plan
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Key Points

  • Keith Cramer, CRO at MediaAlpha, sold 13,000 shares for $184,494 under a Rule 10b5-1 plan to cover taxes on vesting restricted stock units.
  • MediaAlpha reported Q1 2026 revenue of $310 million, beating forecasts of $298.71 million, while stock trades near a 52-week high of $14.39.
  • Lauren StClair, CFO of Slice Technologies and former NerdWallet CFO, was appointed to MediaAlpha’s board and audit committee.
Keith Cramer, serving as the Chief Revenue Officer for MediaAlpha, Inc. (NASDAQ:MAX), has completed a notable transaction involving the company’s equity. On July 15, 2026, Cramer sold 13,000 shares of MediaAlpha’s Class A Common Stock. The aggregate value of this divestment totaled $184,494. The execution of these shares occurred within a specific price band, ranging from $13.87 to $14.31 per share, resulting in a calculated weighted-average sale price of $14.1919. This transaction takes place against a backdrop of significant stock performance for MediaAlpha. The equity is currently trading in close proximity to its 52-week high of $14.39. This positioning reflects a period of substantial momentum, marked by a 38% gain in the stock’s value over the preceding twelve months. The sale was not an isolated market decision but was executed pursuant to a pre-arranged Rule 10b5-1 trading plan. Documentation accompanying the filing clarifies the motivation behind the transaction. The primary purpose of these sales was strictly to cover taxes resulting from the vesting of restricted stock units. Following the completion of these transactions, Cramer’s direct holding in MediaAlpha Class A Common Stock stands at 267,528 shares. Analysis from InvestingPro suggests that the stock appears undervalued at its current market levels. The platform is tracking 13 or more additional key insights for investors monitoring MAX. Furthermore, MediaAlpha is included among the 1,400+ US equities covered by comprehensive Pro Research Reports. Beyond the executive transaction, MediaAlpha has reported financial results that have drawn attention. The company reported first-quarter 2026 earnings that exceeded revenue expectations. The reported revenue came in at $310 million, surpassing the forecasted figure of $298.71 million. This positive financial performance highlights a strong start to the year for the company. In a separate corporate governance development, MediaAlpha appointed Lauren StClair to its board of directors. StClair will also serve on the audit committee. She currently holds the position of chief financial officer at Slice Technologies, Inc. and brings previous experience as CFO at NerdWallet, Inc. These developments reflect ongoing strategic moves within the company. Despite the reported earnings beat, the company’s stock experienced a decline. This downturn was not directly related to the financial results. The stock’s performance might be influenced by broader market trends or investor sentiment. These recent developments are significant for investors keeping an eye on MediaAlpha’s progress.

Risks

  • Despite a revenue beat, MediaAlpha’s stock experienced a decline, suggesting potential disconnect between fundamentals and market sentiment.
  • The stock’s performance might be influenced by broader market trends or investor sentiment, indicating vulnerability to external macroeconomic factors.
  • Executive sales under pre-arranged plans, while common, may be closely scrutinized by investors monitoring insider activity and corporate governance.

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