Magna reports proposed sale of shares after option exercises

Magna International reported proposed dispositions of common stock via Form 144, tied to option exercises.

Accepted by SEC EDGAR 02/20/2026 - 05:29 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Magna International reported proposed dispositions of common stock via Form 144, tied to option exercises. The filing lists securities to be sold following exercises of 2019 and 2020 nonqualified options on 02/18/2026, showing 5,473 and 4,851 shares respectively. The transactions are reported through J.P. Morgan Securities LLC as broker-dealer.

Insights

Corporate Governance Analyst

Routine Form 144 reporting of option-related sales; no material governance change.

The filing documents proposed sales of common stock following exercises of 2019 and 2020 nonqualified options on 02/18/2026, with quantities of 5,473 and 4,851 shares shown. Reporting is via J.P. Morgan Securities LLC.

These entries are procedural disclosures required when insiders plan to sell; impact depends on whether the sales occur and on market scale, and timing is not specified beyond the exercise date.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Magna (MGA) disclose on Form 144?

Magna disclosed proposed sales of common stock tied to option exercises. The filing lists exercises on 02/18/2026 and shows 5,473 and 4,851 shares associated with 2019 and 2020 nonqualified options.

Who is handling the proposed sales reported by Magna?

J.P. Morgan Securities LLC is listed as the broker-dealer handling the transactions. The Form 144 names J.P. Morgan at 270 Park Ave, reflecting the broker-dealer route for any planned dispositions.

Are the reported option exercises already completed?

The filing shows exercises dated 02/18/2026. Form 144 ties the proposed sales to those option exercises; whether sales have settled or been executed is not documented in the excerpt.

How many shares are indicated for potential sale in the filing?

The excerpt lists 5,473 and 4,851 shares associated with the two option grants. These numbers are presented in the securities-to-be-sold section tied to the 2019 and 2020 NQ option exercises.

Does the Form 144 signal any material corporate action at Magna?

No material corporate action is shown; the filing is a routine insider sale notice. It reports proposed dispositions following option exercises and does not disclose mergers, financings, or governance changes.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK	0002105637
Filer CCC	XXXXXXXX
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer	Magna International Inc.
SEC File Number	001-11444
Address of Issuer	337 Magna Drive Aurora ONTARIO, CANADA L4G 7K1
Phone	905-726-7183
Name of Person for Whose Account the Securities are To Be Sold	Boris Shulkin
See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.
Relationship to Issuer	affiliate

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	J.P. Morgan Securities LLC 270 Park Ave 10th Floor New York NY 10017	7309	480165.78	281814257	02/20/2026	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	02/18/2026	Exercise of Options	Magna International Inc			5473	02/18/2026	2019 NQ Options
Common	02/18/2026	Exercise of Options	Magna International Inc			4851	02/18/2026	2020 NQ Options

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks
Date of Notice	02/20/2026
ATTENTION:
The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.
Signature	J.P. Morgan Securities LLC, Workplace Solutions, as Agent and Attorney in Fact for Boris Shulkin, Magna International Inc.
ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)