Magnite Insider Stock Sale: What This $94K Transaction Signals for Investors
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
Form 144 Notice Filing for Magnite indicates a proposed sale of 5,000 shares of common stock through Morgan Stanley Smith Barney LLC, with an aggregate market value of $94,450. The securities were originally acquired as Restricted Stock Units from the issuer on June 20, 2015, with an initial acquisition of 13,261 units.
Key details of the proposed transaction:
- Trading Venue: NASDAQ
- Planned Sale Date: June 24, 2025
- Current Shares Outstanding: 141,110,559
- Sale Price: Approximately $18.89 per share
The filing indicates no other sales by the same person in the past 3 months. The seller has certified no knowledge of undisclosed material adverse information regarding Magnite's operations. This Form 144 represents a standard notice of proposed sale by an insider under SEC Rule 144.
Positive
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Negative
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