Magnite (NASDAQ: MGNI) insider Barrett plans sale of 293,968 shares after option exercise
Rhea-AI Filing Summary
Magnite, Inc. (MGNI) has a notice from Michael G. Barrett covering a proposed sale of up to 293,968 shares of common stock, to be effected through Morgan Stanley Smith Barney LLC’s Executive Financial Services, following a stock option exercise, with a proposed sale date of August 6, 2026 on NASDAQ.
The filing also lists prior sales in the last three months: 38,596 shares for $785,509.65 on July 15, 2026; 75,000 shares for $1,462,500.00 on June 29, 2026; 100,000 shares for $1,750,000.00 on June 16, 2026; and 178,596 shares for $2,962,061.65 on June 15, 2026.
Positive
- None.
Negative
- None.
Key Figures
Proposed shares to be sold: 293,968 shares
Aggregate market value of proposed sale: $6,678,952.96
Sale on 07/15/2026: 38,596 shares for $785,509.65
+3 more
6 metrics
Proposed shares to be sold
293,968 shares
Common stock proposed for sale on 08/06/2026
Aggregate market value of proposed sale
$6,678,952.96
Value associated with 293,968 shares of common stock
Sale on 07/15/2026
38,596 shares for $785,509.65
Common stock sold during past 3 months
Sale on 06/29/2026
75,000 shares for $1,462,500.00
Common stock sold during past 3 months
Sale on 06/16/2026
100,000 shares for $1,750,000.00
Common stock sold during past 3 months
Sale on 06/15/2026
178,596 shares for $2,962,061.65
Common stock sold during past 3 months
Key Terms
Form 144, Stock Option Exercise, Executive Financial Services
3 terms
Form 144 regulatory
"144: Securities Sold During The Past 3 Months"
Form 144 is a document that investors must file with the government when they plan to sell a large number of shares of a company's stock. It helps ensure transparency so everyone knows how many shares are being sold and when, which can impact the stock's price.
Stock Option Exercise financial
"Common | 08/06/2026 | 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.
Executive Financial Services financial
"Morgan Stanley Smith Barney LLC Executive Financial Services 1 New York Plaza"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What does the MGNI Form 144 filed by Michael G. Barrett disclose?
It discloses a proposed sale of up to 293,968 shares of Magnite common stock, to be sold through Morgan Stanley Smith Barney LLC Executive Financial Services following a stock option exercise, with a proposed sale date of August 6, 2026 on NASDAQ.
What prior MGNI stock sales by Michael G. Barrett are listed in the last 3 months?
The filing lists four prior sales: 38,596 shares for $785,509.65 on July 15, 2026; 75,000 shares for $1,462,500.00 on June 29, 2026; 100,000 shares for $1,750,000.00 on June 16, 2026; and 178,596 shares for $2,962,061.65 on June 15, 2026.