Magnite director sells 7,500 shares at $26.50
A MAGNITE, INC. director sold 7,500 MGNI shares under a pre-arranged Rule 10b5-1 trading plan, retaining 137,401 shares afterward.
Rhea-AI Filing Summary
MAGNITE, INC. (MGNI) director Paul Caine reported selling 7,500 shares of common stock on September 17, 2026 at $26.50 per share in an open-market or private transaction. Following this sale, he directly holds 137,401 shares of MAGNITE common stock. The trade was effected pursuant to a Rule 10b5-1 trading plan adopted on August 20, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 7,500 shares
Net Sell
1 txn
Insider
Caine Paul
Role
Director
Sold
7,500 shs ($199K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 7,500 | $26.50 | $199K |
Holdings After Transaction:
Common Stock — 137,401 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: $26.50 per share
Shares owned after transaction: 137,401 shares
+2 more
5 metrics
Shares sold
7,500 shares
Common stock sale reported for September 17, 2026
Sale price per share
$26.50 per share
Price for the 7,500 MAGNITE shares sold
Shares owned after transaction
137,401 shares
Direct holdings of Paul Caine following the sale
Transaction date
September 17, 2026
Date of reported sale of common stock
Rule 10b5-1 plan adoption date
August 20, 2025
Adoption date of trading plan governing the sale
Key Terms
Rule 10b5-1 trading plan, open market or private transaction, common stock
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"
common stock financial
"7,500 shares of MAGNITE common stock sold"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did MAGNITE, INC. (MGNI) report in this Form 4?
The filing reports that director Paul Caine sold 7,500 shares of MAGNITE common stock on September 17, 2026 in a sale characterized as an open-market or private transaction at $26.50 per share.
Was the MGNI insider trade made under a Rule 10b5-1 trading plan?
Yes. The footnote states the transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by Paul Caine on August 20, 2025, indicating it was pre-arranged under that plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.