Miami International Holdings Inc.

03/06/2026 | Press release | Distributed by Public on 03/06/2026 15:12

Amendment to Statement of Changes in Beneficial Ownership (Form 4/A)

FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
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(Print or Type Responses)
1. Name and Address of Reporting Person *
STAHL MURRAY
2. Issuer Name and Ticker or Trading Symbol
MIAMI INTERNATIONAL HOLDINGS, INC. [MIAX]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__X__ Director _____ 10% Owner
_____ Officer (give title below) _____ Other (specify below)
(Last) (First) (Middle)
470 PARK AVE S, 8TH FLOOR SOUTH
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026
(Street)
NEW YORK, NY 10016
4. If Amendment, Date Original Filed (Month/Day/Year)
03/04/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
___ Form filed by One Reporting Person
_X_ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 03/02/2026 X(1) 21,290 A $15 4,581,654 I Horizon Kinetics Asset Management LLC
Common Stock 03/02/2026 X(1) 91,366 A $20.5 4,673,020 I Horizon Kinetics Asset Management LLC
Common Stock 03/02/2026 S(1) 53,578 D $40.92 4,619,442 I Horizon Kinetics Asset Management LLC
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Warrant (right to buy) $15 03/02/2026 X 21,290 08/13/2025 04/08/2026 Common Stock 21,290 $ 0 0 I Horizon Kinetics Asset Management LLC
Warrant (right to buy) $20.5 03/02/2026 X 24,878 08/13/2025 11/15/2026 Common Stock 24,878 $ 0 0 I Horizon Kinetics Asset Management LLC
Warrant (right to buy) $20.5 03/02/2026 X 27,561 08/13/2025 02/05/2027 Common Stock 27,561 $ 0 0 I Horizon Kinetics Asset Management LLC
Warrant (right to buy) $20.5 03/02/2026 X 38,927 08/13/2025 10/17/2026 Common Stock 38,927 $ 0 0 I Horizon Kinetics Asset Management LLC
Options $16.14(2) 08/13/2025 07/31/2031 Miami International Holdings Inc 7,500 7,500 D
Options $25.98(2) 08/13/2025 06/30/2032 Miami International Holdings Inc 10,000 10,000 D
Options $19.84(2) 08/13/2025 03/26/2033 Miami International Holdings Inc 14,331 14,331 D
Options $16.14(2) 08/13/2025 05/31/2031 Miami International Holdings Inc 2,500 2,500 D

Reporting Owners

Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
STAHL MURRAY
470 PARK AVE S
8TH FLOOR SOUTH
NEW YORK, NY 10016
X
HORIZON KINETICS ASSET MANAGEMENT LLC
470 PARK AVE S
8TH FLOOR SOUTH
NEW YORK, NY 10016
X

Signatures

/s/Jay Kesslen, attorney-in-fact 03/06/2026
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) This amendment corrects a previous filing that inadvertently included shares that are not subject to reporting and also corrects the share totals. Horizon Kinetics Asset Management LLC (HKAM) exercised warrants to purchase 112,656 shares of common stock at the exercise prices noted. HKAM paid the exercise price on a cashless basis, resulting in the Issuer withholding 53,578 of the warrant shares to pay the exercise price and issuing to HKAM the remaining 59,078 shares.
(2) The Options given to Mr. Stahl are fully vested.
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. Potential persons who are to respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB number.
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