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Magnite director plans $236K stock sale under Rule 144

Director Paul Caine files a Rule 144 notice to sell up to 10,000 shares of Magnite common stock, with prior 10b5-1 sales also disclosed.

(Neutral)
(Neutral)
Form Type
144

Rhea-AI Filing Summary

MAGNITE, INC. (MGNI) is the issuer for a planned sale of common stock by director Paul Caine under Rule 144. The notice covers up to 10,000 shares of common stock, with an aggregate market value of $235,800.00, to be sold through Morgan Stanley Smith Barney LLC on NASDAQ.

The shares relate to Restricted Stock Units originally dated June 1, 2017 and issued by Magnite. The filing also lists prior Rule 10b5-1 sales by Paul Caine over the past three months, each involving Magnite common stock.

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Planned shares to be sold 10,000 shares Common stock covered by Paul Caine’s Rule 144 notice
Aggregate market value of planned sale $235,800.00 Value of 10,000 MAGNITE, INC. common shares listed in the notice
Security type Common stock Class of securities to be sold under Rule 144
Underlying award date June 1, 2017 Date of Restricted Stock Units related to the shares to be sold
10b5-1 sale on August 14, 2026 7,500 shares for $187,500.00 Past three months’ Rule 10b5-1 sale of MAGNITE common stock
10b5-1 sale on August 10, 2026 5,000 shares for $121,740.00 Past three months’ Rule 10b5-1 sale of MAGNITE common stock
10b5-1 sale on July 10, 2026 5,000 shares for $103,185.00 Past three months’ Rule 10b5-1 sale of MAGNITE common stock
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 Units financial
"Common | 06/01/2017 | Restricted Stock Units | Issuer"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
10b5-1 regulatory
"10b5-1 Sales for PAUL CAINE 1250 Broadway, 9th Floor New York NY 10001"
A 10b5-1 plan is a pre-set schedule that lets company insiders buy or sell shares according to written instructions made when they do not possess material, nonpublic information. Think of it as a timed automatic payment for stock trades: it helps insiders avoid accusations of trading on secret information and gives outside investors a clearer signal about whether sales are routine or potentially informative about the company’s prospects.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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

It discloses that director Paul Caine has filed a Rule 144 notice to sell up to 10,000 shares of Magnite common stock, with an indicated aggregate market value of $235,800.00, to be sold through Morgan Stanley Smith Barney LLC on NASDAQ.

How many MAGNITE (MGNI) shares are covered by Paul Caine’s planned Rule 144 sale?

The planned sale covers up to 10,000 shares of MAGNITE, INC. common stock, with an indicated aggregate market value of $235,800.00 as stated in the securities information section.

What is the origin of the MAGNITE (MGNI) shares Paul Caine plans to sell?

The shares are tied to Restricted Stock Units dated June 1, 2017, identified as having been issued by MAGNITE, INC. under the securities-to-be-sold section of the notice.

Which broker is handling Paul Caine’s planned MAGNITE (MGNI) share sale?

The planned sale is listed through Morgan Stanley Smith Barney LLC Executive Financial Services, located at 1 New York Plaza, with the shares to be sold on NASDAQ according to the filing.

What prior 10b5-1 sales of MAGNITE (MGNI) shares by Paul Caine are disclosed?

The filing lists prior Rule 10b5-1 sales of MAGNITE, INC. common stock by Paul Caine: 7,500 shares for $187,500.00 on August 14, 2026; 5,000 shares for $121,740.00 on August 10, 2026; and 5,000 shares for $103,185.00 on July 10, 2026.

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

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