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Magnite officer plans $26K stock sale

Magnite officer David Buonasera filed a Rule 144 notice to sell 1,043 shares of common stock against a base of over 143 million shares outstanding.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

MAGNITE, INC. (MGNI) is the issuer for a Rule 144 notice filed by officer David Buonasera, covering a proposed sale of 1,043 shares of common stock through Morgan Stanley Smith Barney LLC, with an aggregate market value of $26,075.00 and 143,424,157 shares outstanding as of the planned sale date of September 2, 2026. The shares were acquired as restricted stock from the issuer on August 15, 2025. The filing also lists prior open-market sales by Buonasera over the past three months, including several transactions in June, July, August, and September 2026 with individual trade sizes ranging from 1,057 to 11,233 shares.

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Shares to be sold under Rule 144 1,043 shares Magnite common stock proposed for sale by David Buonasera
Aggregate market value of proposed sale $26,075.00 Value of 1,043 Magnite shares in the Rule 144 notice
Shares outstanding 143,424,157 shares Magnite common shares outstanding as of planned sale date September 2, 2026
Acquisition date of shares August 15, 2025 Date 1,043 restricted shares were acquired from the issuer
Sale on June 16, 2026 11,233 shares for $202,194.00 Common stock sold by David Buonasera in prior three months
Sale on July 1, 2026 9,376 shares for $187,520.00 Common stock sold by David Buonasera in prior three months
Sale on September 1, 2026 5,371 shares for $125,788.82 Most recent prior sale listed in the three-month history
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 | 08/15/2025 | 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.
aggregate market value financial
"Common ... 1043 | 26075.00 | 143424157"
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.
securities to be sold regulatory
"Name of Person for Whose Account the Securities are To Be Sold"

FAQ

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

The notice discloses that officer David Buonasera plans to sell 1,043 shares of Magnite common stock under Rule 144, using Morgan Stanley Smith Barney LLC as broker, with an aggregate market value of $26,075.00 as of the planned sale date.

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

The filing covers a proposed sale of 1,043 shares of Magnite common stock. These shares were acquired as restricted stock on August 15, 2025 from the issuer.

How many MAGNITE, INC. (MGNI) shares were outstanding at the time of the planned Rule 144 sale?

The filing states that 143,424,157 shares of Magnite common stock were outstanding as of the planned sale date of September 2, 2026, providing context for the relative size of the 1,043-share sale.

What is the aggregate market value of the MAGNITE, INC. (MGNI) shares in this Rule 144 notice?

The proposed 1,043-share sale has an aggregate market value of $26,075.00, as reported in the Rule 144 filing for Magnite common stock.

What prior MAGNITE, INC. (MGNI) share sales by David Buonasera are listed in the past three months?

The filing lists several prior sales, including 11,233 shares on June 16, 2026 for $202,194.00 and 9,376 shares on July 1, 2026 for $187,520.00, along with additional smaller trades in June, July, August, and September 2026.

How and when were the MAGNITE, INC. (MGNI) shares in this Rule 144 filing acquired?

The 1,043 shares covered by this notice were acquired on August 15, 2025 as restricted stock from the issuer, Magnite, Inc., with the form stating the nature of payment as Not Applicable.

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