Magnite (NASDAQ: MGNI) director to sell 30,550 shares
Rhea-AI Filing Summary
Magnite, Inc. (MGNI) is the issuer of common stock covered by a notice filed under Rule 144 by director Sarah Patricia Harden. The notice indicates a proposed sale of 30,550 shares of Magnite common stock through Morgan Stanley Smith Barney LLC, with an aggregate market value of $712,166.86. The filing cites total common shares outstanding of 143,424,157 and references underlying restricted stock awards dated June 7, 2023 (16,489 shares) and June 5, 2025 (14,061 shares).
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Key Figures
Shares to be sold: 30,550 shares of common stock
Aggregate market value: $712,166.86
Shares outstanding: 143,424,157 shares
+3 more
6 metrics
Shares to be sold
30,550 shares of common stock
Proposed sale under Rule 144 by director Sarah Patricia Harden
Aggregate market value
$712,166.86
Value associated with 30,550 shares of Magnite, Inc. common stock in the Form 144
Shares outstanding
143,424,157 shares
Total Magnite, Inc. common shares outstanding referenced in the notice
Restricted stock grant 1
16,489 shares
Restricted Stock from issuer dated June 7, 2023
Restricted stock grant 2
14,061 shares
Restricted Stock from issuer dated June 5, 2025
Intended sale date
08/26/2026
Date associated with the proposed NASDAQ sale of 30,550 shares
Key Terms
Rule 144, Restricted Stock, aggregate market value, securities are To Be Sold
4 terms
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 | 06/07/2023 | 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
"30550 | 712166.86 | 143424157 | 08/26/2026 | NASDAQ"
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 are To Be Sold regulatory
"Name of Person for Whose Account the Securities are To Be Sold"
FAQ
What does the Form 144 filing for MGNI disclose about Sarah Patricia Harden?
The Form 144 discloses that director Sarah Patricia Harden has filed a notice of proposed sale under Rule 144 for up to 30,550 shares of Magnite, Inc. common stock, based on underlying restricted stock awards from June 7, 2023 and June 5, 2025.
AI-generated analysis. How Rhea-AI works. Not financial advice.