Magnite (NASDAQ: MGNI) insider sells $187.5K in preset plan
Rhea-AI Filing Summary
MAGNITE, INC. (MGNI) director Paul Caine reported selling 7,500 shares of common stock on August 14, 2026, at $25.00 per share in an open-market or private transaction. The sale was effected pursuant to a Rule 10b5-1 trading plan adopted on August 20, 2025, and Caine now directly holds 149,901 shares.
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Insider Trade Summary 10b5-1
Net Seller: 7,500 shares
Net Sell
1 txn
Insider
Caine Paul
Role
Director
Sold
7,500 shs ($188K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 7,500 | $25.00 | $188K |
Holdings After Transaction:
Common Stock — 149,901 shares (Direct)
Footnotes (1)
- F1. The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 20, 2025.
Key Figures
Shares sold: 7,500 shares
Sale price per share: $25.00
Transaction value: $187,500
+1 more
4 metrics
Shares sold
7,500 shares
Common stock sale reported for August 14, 2026
Sale price per share
$25.00
Per-share price for the 7,500 common shares sold
Transaction value
$187,500
7,500 shares sold at $25.00 per share
Shares owned after transaction
149,901 shares
Paul Caine’s direct ownership after the August 14, 2026 sale
Key Terms
Rule 10b5-1 trading plan, open market or private transaction, Form 4
3 terms
Rule 10b5-1 trading plan regulatory
"The reported transaction was effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open market or private transaction financial
"Sale in open market or private transaction"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did MAGNITE, INC. (MGNI) report for Paul Caine?
Paul Caine reported a sale of 7,500 MAGNITE (MGNI) common shares on August 14, 2026. The shares were sold at $25.00 per share in an open-market or private transaction under a pre-established Rule 10b5-1 trading plan.
Was Paul Caine’s MAGNITE (MGNI) stock sale made under a Rule 10b5-1 plan?
Yes, the sale was effected under a Rule 10b5-1 trading plan adopted on August 20, 2025. Such plans pre-schedule trades, so the timing of this August 14, 2026 transaction was set in advance rather than decided at the moment.
AI-generated analysis. How Rhea-AI works. Not financial advice.