STOCK TITAN

Adam L. Soroca sells MGNI shares; restricted stock vested (MGNI)

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Adam L. Soroca reported multiple sales of Common Stock.

The filing lists restricted stock vesting under a registered plan on 05/15/2026 with share awards of 3,818, 2,549 and 533. The filing also records open-market sales by Adam L. Soroca on 05/18/2026, 05/27/2026, 05/28/2026, 06/01/2026 and 06/03/2026 with the share counts and gross proceeds shown in the selling table.

Positive

  • None.

Negative

  • None.

Insights

Multiple vesting events plus several reported open‑market sales by the same reporting person.

The excerpt shows restricted stock vesting on 05/15/2026 with awards of 3,818, 2,549 and 533 shares under a registered plan. Separate rows list sales by Adam L. Soroca on five dates with explicit share counts and gross proceeds.

These entries appear procedural: vesting entries note Services Rendered as the acquisition event and the sales rows list gross proceeds such as $100,975.49 and $603,084.95. Cash‑flow treatment and whether sales followed any prearranged plan are not specified in the provided excerpt.

Restricted shares vesting (1) 3,818 shares Restricted Stock Vesting Under a Registered Plan on 05/15/2026
Restricted shares vesting (2) 2,549 shares Restricted Stock Vesting Under a Registered Plan on 05/15/2026
Restricted shares vesting (3) 533 shares Restricted Stock Vesting Under a Registered Plan on 05/15/2026
Sale on 06/03/2026 7,100 shares Reported sale date 06/03/2026 with gross proceeds <money>$100,975.49</money>
Sale on 06/01/2026 27,606 shares Reported sale date 06/01/2026 with gross proceeds <money>$418,014.69</money>
Sale on 05/28/2026 42,756 shares Reported sale date 05/28/2026 with gross proceeds <money>$603,084.95</money>
Sale on 05/27/2026 18,225 shares Reported sale date 05/27/2026 with gross proceeds <money>$250,477.11</money>
Sale on 05/18/2026 18,451 shares Reported sale date 05/18/2026 with gross proceeds <money>$247,975.90</money>
Restricted Stock Vesting Under a Registered Plan regulatory
"Restricted Stock Vesting Under a Registered Plan | Issuer | 05/15/2026"
Services Rendered other
"05/15/2026 | Services Rendered Common"
Gross proceeds financial
"06/03/2026 | 7,100 | 100975.49"
The total amount of cash a company receives from a financing event or sale before any fees, expenses, taxes or deductions are taken out. Investors watch gross proceeds because it shows the raw scale of new capital being raised—think of it as the paycheck amount before withholdings—which helps assess how much funding is available for operations, growth, debt payoff or how much shareholder dilution might occur once costs are removed.
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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

FAQ

What did Adam L. Soroca report in the Form 144 for MGNI?

He reported restricted stock vesting on 05/15/2026 and multiple sales of Common Stock on five dates. The filing lists vesting share awards of 3,818, 2,549, 533 and sale rows with share counts and gross proceeds.

Which restricted stock awards vested according to the filing?

The filing shows three restricted stock vesting entries on 05/15/2026 for 3,818, 2,549, and 533 shares, each labeled as "Restricted Stock Vesting Under a Registered Plan" and attributed to Services Rendered.

What sales by Adam L. Soroca are shown and what proceeds are listed?

Sales shown include 7,100 shares on 06/03/2026 with gross proceeds $100,975.49, and earlier sales such as 42,756 shares on 05/28/2026 with $603,084.95, among others in the table.

Does the filing state why the restricted shares vested?

Yes. Each vesting row is labeled "Services Rendered," indicating the shares vested as compensation for services under a registered plan. No further compensation terms or vesting schedule detail appear in the provided excerpt.

Is there information about who received sale proceeds or trading plan status?

The excerpt lists gross proceeds for each sale but does not state who received proceeds beyond the selling person or whether transactions were made under a prearranged trading plan. The filing text provided does not specify cash‑flow recipients or plan status.