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Magnite trust plans $888K stock sale under Rule 144

Trustee-related holders of Magnite, Inc. common stock have filed a Rule 144 notice to resell 37,337 shares, with prior 10b5-1 sales also reported.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

MAGNITE, INC. (MGNI) is the issuer for a planned resale of common stock disclosed by Douglas S. Knopper and Abigail L. Knopper, as trustees of the Knopper Joint Management Trust dated November 15, 2013, under Rule 144. The notice covers 37,337 shares of common stock, originally acquired as Restricted Stock Units granted on November 6, 2019 by the issuer. The proposed sale is to be executed through Morgan Stanley Smith Barney LLC Executive Financial Services, with an aggregate market value stated as $887,873.86 and trading on NASDAQ referenced as of September 17, 2026. The filing also lists Rule 10b5-1 sales of Magnite common stock during the prior three months for related accounts.

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Shares to be sold under Rule 144 37,337 shares Magnite common stock covered by the notice
Aggregate market value of shares to be sold $887,873.86 Planned Rule 144 sale of Magnite common stock
Original grant date of Restricted Stock Units November 6, 2019 Acquisition date for RSUs underlying the 37,337 shares
Shares sold for Douglas Knopper in last 3 months 19,128 shares 10b5-1 sale of Magnite common stock on August 6, 2026
Proceeds from Douglas Knopper August 6, 2026 sale $434,588.16 10b5-1 sale of Magnite common stock
Shares sold for Knopper Joint Management Trust in last 3 months 18,209 shares 10b5-1 sale of Magnite common stock on August 6, 2026
Proceeds from Trust August 6, 2026 sale $413,708.48 10b5-1 sale of Magnite common stock
Rule 144 regulatory
"See the definition of "person" in paragraph (a) of Rule 144."
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.
Restricted Stock Units financial
"Common | 11/06/2019 | Restricted Stock Units | Issuer"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
10b5-1 regulatory
"10b5-1 Sales for DOUGLAS KNOPPER 1250 Broadway"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.

FAQ

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

What does the Form 144 filing disclose for MAGNITE, INC. (MGNI)?

The filing reports a planned Rule 144 resale of 37,337 shares of Magnite common stock by Douglas and Abigail Knopper, as trustees of the Knopper Joint Management Trust, with an aggregate market value of $887,873.86 and trading on NASDAQ referenced as of September 17, 2026.

Who is selling MAGNITE, INC. (MGNI) shares under this Rule 144 notice?

The shares are to be sold for the account of Douglas S. Knopper and Abigail L. Knopper, trustees of the Knopper Joint Management Trust dated November 15, 2013, with Magnite, Inc. as the issuer of the common stock.

How many MAGNITE, INC. (MGNI) shares are covered by this Form 144?

The notice covers 37,337 shares of Magnite, Inc. common stock. These shares are linked to Restricted Stock Units originally granted on November 6, 2019 by the issuer.

What is the stated market value of the MAGNITE, INC. (MGNI) shares to be sold?

The planned sale of 37,337 Magnite common shares has an aggregate market value stated as $887,873.86, with NASDAQ trading referenced as of September 17, 2026.

What prior MAGNITE, INC. (MGNI) share sales are reported in the last three months?

The filing lists 10b5-1 sales on August 6, 2026: 19,128 Magnite common shares for $434,588.16 for Douglas Knopper, and 18,209 shares for $413,708.48 for the Knopper Joint Management Trust co-trustees.

When were the MAGNITE, INC. (MGNI) securities originally acquired?

The 37,337 Magnite common shares covered by this notice are tied to Restricted Stock Units with an acquisition date of November 6, 2019, and the acquisition source is listed as the issuer.

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

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Learn about SEC filing dates

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

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