Magnite (MGNI) CTO sells 1,409 shares under Rule 10b5-1 trading plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Magnite, Inc.'s Chief Technology Officer David Buonasera reported an open-market sale of 1,409 shares of Common Stock at $15.00 per share. After this transaction, he directly holds 292,784 shares. The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on September 11, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,409 shares ($21,135)
Net Sell
1 txn
Insider
Buonasera David
Role
CHIEF TECHNOLOGY OFFICER
Sold
1,409 shs ($21K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 1,409 | $15.00 | $21K |
Holdings After Transaction:
Common Stock — 292,784 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 1,409 shares
Sale price: $15.00 per share
Shares held after transaction: 292,784 shares
3 metrics
Shares sold
1,409 shares
Open-market sale of Common Stock on reported transaction date
Sale price
$15.00 per share
Price received per share in the CTO’s open-market sale
Shares held after transaction
292,784 shares
Direct ownership of Magnite Common Stock following the sale
Key Terms
Rule 10b5-1 trading plan, open-market sale, Common Stock
3 terms
Rule 10b5-1 trading plan financial
"The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person"
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 sale financial
"transaction_action: open-market sale"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Common Stock financial
"security_title: Common Stock"
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.