Magnite officer plans $763K stock sale
Rhea-AI Filing Summary
MAGNITE, INC. (MGNI) received a Rule 144 notice that officer Katheryn Evans plans to sell up to 32,285 shares of common stock, with an indicated aggregate market value of $762,870.57, through Morgan Stanley Smith Barney LLC, with the sale expected on or about September 8, 2026 on NASDAQ.
The shares consist of stock acquired via a stock option exercise (13,546 shares) and restricted stock grants from 2023 (11,848 shares) and 2020 (6,891 shares). Evans previously sold 20,000 shares for $480,000.00 on August 6, 2026.
Positive
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Negative
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Key Figures
Planned shares to be sold: 32,285 shares
Aggregate market value of planned sale: $762,870.57
Shares outstanding: 143,424,157 shares
+5 more
8 metrics
Planned shares to be sold
32,285 shares
Common stock to be sold under Rule 144 by Katheryn Evans
Aggregate market value of planned sale
$762,870.57
Estimated value of 32,285 shares of MAGNITE, INC. common stock
Shares outstanding
143,424,157 shares
MAGNITE, INC. common stock shares outstanding referenced in the notice
Recent shares sold
20,000 shares
Shares sold by Katheryn Evans on August 6, 2026
Proceeds from recent sale
$480,000.00
Total proceeds from the August 6, 2026 sale of 20,000 shares
Stock option exercise shares
13,546 shares
Shares underlying stock option exercise dated September 8, 2026
Restricted stock (2023 grant)
11,848 shares
Restricted stock acquired February 15, 2023
Restricted stock (2020 grant)
6,891 shares
Restricted stock acquired April 29, 2020
Key Terms
Rule 144, Restricted Stock, Stock Option Exercise, Aggregate market value
4 terms
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 financial
"Common | 02/15/2023 | Restricted Stock | ISSUER"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
Stock Option Exercise financial
"Common | 09/08/2026 | Stock Option Exercise | ISSUER"
A stock option exercise is the act of using a previously granted right to buy shares of a company's stock at a specific, predetermined price by paying that price and receiving the shares. It matters to investors because exercising changes who owns the shares (which can dilute existing ownership), can trigger taxable events and shift potential gains or losses, and affects voting power and the company’s outstanding share count—like turning a voucher into an actual product that becomes part of circulating supply.
Aggregate market value financial
"Common | Morgan Stanley Smith Barney LLC ... | 32285 | 762870.57"
Aggregate market value is the combined price you would pay to buy all outstanding shares of a company or all companies in a group at current market prices — essentially the sum of each stock’s market capitalization. It matters to investors because it shows the overall size and weight of an investment or sector (like the total cost to buy every piece of a puzzle), helps compare scale across companies or markets, and influences index composition and risk exposure.
FAQ
What does the Form 144 filing disclose for MAGNITE, INC. (MGNI)?
The filing discloses that officer Katheryn Evans plans to sell up to 32,285 shares of MAGNITE, INC. common stock under Rule 144, with an aggregate market value of about $762,870.57, through Morgan Stanley Smith Barney LLC on or about September 8, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.