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39,210-share option exercise sale by Magna (NYSE: MGA) via Rule 144

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Magna International notice: 39,210 shares of Common Stock are listed for sale in a Rule 144 filing tied to an option exercise dated 06/02/2026 and identified as 2024 NQO's. The filing also reports prior sales of 30,444 shares on 03/18/2026 for $1,684,113.58.

Positive

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Negative

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Insights

Rule 144 notice for an option-exercise sale of 39,210 shares on 06/02/2026.

The filing lists a planned disposition of 39,210 shares associated with an option exercise described as 2024 NQO's. The mechanics are presented as a Rule 144 notice; timing and exact distribution methods are tied to the exercise date 06/02/2026.

Prior reported sales include 30,444 shares sold on 03/18/2026 for $1,684,113.58. Cash-flow treatment and recipient details are those typical of selling holders; further filings may provide additional settlement detail.

Registered/offered shares 39,210 shares <date>06/02/2026</date> listed as Option Exercise (2024 NQO's)
Prior sold shares 30,444 shares Sold on <date>03/18/2026</date>
Proceeds from prior sale $1,684,113.58 Proceeds reported for sale on <date>03/18/2026</date>
Option Exercise financial
"Securities To Be Sold entry lists 'Option Exercise' tied to date 06/02/2026"
2024 NQO's financial
"Securities To Be Sold line shows '2024 NQO's' associated with the 06/02/2026 transaction"
Rule 144 regulatory
"Form type '144' and filing context indicate a Rule 144 notice for sale of restricted/controlled securities"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
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144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

What does Magna's (MGA) Rule 144 filing show?

The filing lists 39,210 shares of Common Stock tied to an option exercise dated 06/02/2026. It also discloses earlier sales of 30,444 shares on 03/18/2026 for $1,684,113.58.

Who is the selling party in the MGA Form 144?

The notice identifies Tom Rucker as the reporting party with an address at Magna International. The filing links the planned sale to an option exercise labeled 2024 NQO's dated 06/02/2026.

How many shares were previously sold in the past three months for MGA?

The filing records a past sale of 30,444 shares on 03/18/2026 with proceeds reported as $1,684,113.58. That transaction is listed separately from the 06/02/2026 option-exercise sale.

Does the Form 144 specify how the 39,210 shares will be sold?

The Form 144 lists the method as Option Exercise tied to 2024 NQO's on 06/02/2026. Specific distribution methods or broker/dealer routing details are not provided in the excerpt.