STOCK TITAN

MGNI (NASDAQ) insider Adam Soroca reports sale lines totaling multiple May 2026 trades

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

Rhea-AI Filing Summary

Recipient notice of proposed resale under Rule 144 for MGNI securities. The excerpt lists restricted common stock vesting under a registered plan dated 01/15/2020 and shows three proposed sales by Adam L. Soroca: 42,756 shares on 05/28/2026, 18,225 shares on 05/27/2026, and 18,451 shares on 05/18/2026, with corresponding dollar amounts provided.

The filing names the broker/dealer as Morgan Stanley Smith Barney LLC and identifies the securities as common stock. The excerpt is a notice of intended resale rather than a corporate action; timing and proceeds treatment follow the listed transaction lines.

Positive

  • None.

Negative

  • None.

Insights

Rule 144 resale notice showing multiple planned dispositions by an insider/affiliate.

The excerpt lists restricted stock vesting under a registered plan (01/15/2020) and three proposed dispositions by Adam L. Soroca with per‑trade share counts and dollar values. Broker/dealer is named as Morgan Stanley Smith Barney LLC.

These entries are administrative notices of resale under Rule 144; cash‑flow treatment and whether sales were executed are implied by the transaction rows but not otherwise detailed in the excerpt.

Document lists planned Rule 144 sales tied to vested restricted shares.

The filing identifies the underlying event as "Restricted stock vesting under a registered plan" and shows transaction dates and amounts for each disposition. The presence of a broker/dealer is consistent with typical agency execution.

Regulatory implications are procedural: the notice documents intended resale under Rule 144; any legal or tax consequences depend on facts outside this excerpt.

Vesting date 01/15/2020 Restricted stock vesting under a registered plan
Shares proposed sold 42,756 shares Transaction dated 05/28/2026
Proceeds reported $603,084.95 Proceeds line for 42,756 shares on 05/28/2026
Shares proposed sold 18,225 shares Transaction dated 05/27/2026
Proceeds reported $250,477.11 Proceeds line for 18,225 shares on 05/27/2026
Shares proposed sold 18,451 shares Transaction dated 05/18/2026
Proceeds reported $247,975.90 Proceeds line for 18,451 shares on 05/18/2026
Form 144 regulatory
"144: Securities To Be Sold — notice of proposed sale under Rule 144"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Restricted stock vesting financial
"Restricted stock vesting under a registered plan — 01/15/2020"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
Registered plan regulatory
"Restricted stock vesting under a registered plan — appears in securities section"
A registered plan is a savings or investment account that a government recognizes for special tax treatment and rules, such as limits on how much you can put in and conditions for withdrawals. For investors it matters because those rules change how much of your gains are taxed, how quickly your money can be accessed and what strategies make sense — like a labeled jar that gives tax breaks but comes with rules about when and how you can take the money out.
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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 the MGNI Form 144 excerpt show about the shares being sold?

It lists proposed resale of restricted common stock vested under a registered plan on 01/15/2020. The excerpt shows three transactions of 42,756, 18,225, and 18,451 shares with corresponding dollar amounts on specified 2026 dates.

Who is the broker/dealer handling the MGNI sales in this excerpt?

The broker/dealer named is Morgan Stanley Smith Barney LLC at 1 New York Plaza, 8th Floor. That firm is listed in the filing lines associated with the proposed disposals and execution details.

Which insider or reporting person is listed for the MGNI transactions?

The transactions are attributed to Adam L. Soroca, with addresses shown. The excerpt lists three sale lines in May 2026 under his name with share counts and dollar values for each line.

Do the Form 144 lines indicate when the restricted stock originally vested?

Yes. The excerpt records the restricted stock vesting event as 01/15/2020, described as "Restricted stock vesting under a registered plan," which is the vesting date shown in the securities-to-be-sold section.

Are the dollar values for each sale included in the filing excerpt?

Yes. The excerpt shows dollar amounts for each reported line: $603,084.95 for 42,756 shares (05/28/2026), $250,477.11 for 18,225 shares (05/27/2026), and $247,975.90 for 18,451 shares (05/18/2026).