STOCK TITAN

Magnite (MGNI) Rule 144 Notice — 13,860 Shares Planned Sale

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

Rhea-AI Filing Summary

Form 144 notice for Magnite, Inc. (MGNI): An affiliate intends to sell 13,860 common shares with an aggregate market value of $323,518.47. The shares represent a small fraction of the issuer's outstanding common stock of 142,399,305 shares and are expected to be sold on or about 08/14/2025 on NASDAQ. The filing identifies Morgan Stanley Smith Barney LLC as the broker through which the sale is to occur.

The specific shares to be sold were acquired through restricted stock awards on 11/15/2023, 02/15/2024, and 05/15/2024, and via the employee stock purchase plan on 08/27/2018 and 08/28/2017. The filer, Aaron Saltz, reported multiple prior dispositions in June 2025 totaling 49,692 shares generating gross proceeds of roughly $1.04 million across several sales.

Positive

  • None.

Negative

  • None.

Insights

TL;DR: Routine Rule 144 sale by an affiliate; size is immaterial relative to shares outstanding and appears consistent with prior June dispositions.

The filing shows an affiliate intends to sell 13,860 shares valued at $323,518.47 via Morgan Stanley Smith Barney on NASDAQ around 08/14/2025. Acquisition dates and quantities reconcile to the shares offered, indicating these are vested/restricted and ESPP-origin shares rather than newly transferred third-party purchases. Prior sales in June 2025 total 49,692 shares, suggesting ongoing liquidity activity by the same person. From a market-impact perspective, 13,860 shares is approximately 0.0097% of the 142.4 million shares outstanding, which is small and unlikely to move the stock materially.

TL;DR: Disclosure is complete for a Rule 144 notice; the signer affirms no undisclosed material nonpublic information.

The form contains acquisition details for each lot and indicates the nature of payment where applicable, meeting standard Rule 144 disclosure expectations. The signature block includes the required representation that the seller is not aware of material adverse undisclosed information. Multiple clustered sales by the same individual in a short period merit attention from governance perspective but do not by themselves indicate policy breach given the affirmation provided.

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

Who is selling shares in this Form 144 for Magnite (MGNI)?

The filing identifies the seller as Aaron Saltz with an address at 1250 Broadway, 15th Floor, New York, NY 10001.

How many shares and what dollar value are proposed to be sold under this Form 144?

The notice proposes the sale of 13,860 common shares with an aggregate market value of $323,518.47.

When and where is the proposed sale expected to occur?

The approximate date of sale is listed as 08/14/2025 and the securities exchange is NASDAQ; the broker named is Morgan Stanley Smith Barney LLC.

What is the relationship between the acquisition lots and the shares to be sold?

The filing lists five acquisition lots (restricted stock and ESPP) totaling 13,860 shares, which matches the number proposed for sale.

Has the filer sold other Magnite shares recently?

Yes; the filer reported six sales in June 2025 totaling 49,692 shares and gross proceeds of roughly $1,037,445.38 across those transactions.