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MIAX director sells $214,250 in shares under pre-arranged plan

Cynthia Schwarzkopf sold 5,000 MIAX shares at an average of $42.85 each, fully offsetting a prior option exercise. The stock trades near a 30% annual gain.

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Priya Anand · Equities & Earnings Desk · 31 Aug 2026 · 05:33 · 1 min read
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MIAX director sells $214,250 in shares under pre-arranged plan

Cynthia Schwarzkopf, a director at Miami International Holdings Inc., sold 5,000 ordinary shares of the company for $214,250 on August 17, 2026, according to a regulatory filing.

The weighted average sale price was $42.85 per share, within a range of $42.54 to $43.33. The transaction was executed under a Rule 10b5-1 trading plan adopted on March 12, 2026. Schwarzkopf had previously acquired the shares through a stock option exercise at $12.00 per share, totaling $60,000, with the options fully vested.

After these transactions, Schwarzkopf retains direct ownership of 88,545 MIAX shares. The company’s stock was trading at $44.34 at the time of the filing, up more than 30% over the prior year.

MIAX reported adjusted diluted earnings per share of $0.48 in the second quarter of 2026, exceeding the forecast of $0.27, while revenue reached a record $141.1 million. InvestingPro data indicates the stock is considered undervalued, trades at a high earnings multiple, and holds a financial health score classified as "Great."

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Priya Anand
Equities & Earnings Desk

Priya covers listed equities and corporate earnings, reading quarterly results and guidance for what they signal about sector health and forward valuations.

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