MediaAlpha and Morningstar executives execute stock sales

MediaAlpha, Inc. Director Eugene Nonko sold 8,205 shares of the company on August 12th at an average price of $12.78, totaling approximately $104,859.90. The transaction, which reduced his ownership by 0.83%, was executed under a pre-arranged Rule 10b5-1 trading plan to cover tax withholding obligations related to equity award vesting. Following the sale, Nonko retains 984,164 shares valued at over $12.5 million.

Separately, Morningstar, Inc. Chairman Joseph Mansueto sold 7,250 shares on August 12th for approximately $1.46 million. This transaction was also conducted under a pre-arranged Rule 10b5-1 trading plan and represented a minor 0.09% decrease in his total stake. Mansueto continues to hold nearly 8 million shares, valued at approximately $1.56 billion.

Morningstar recently reported quarterly earnings of $3.10 per share, exceeding the consensus estimate of $2.83, with revenue reaching $663.2 million.