Magnite President, Revenue reports 2,213-share insider sale
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Magnite, Inc. (MGNI) reported an insider stock sale by a senior executive. The company’s President, Revenue filed a Form 4 disclosing that on 11/24/2025, they sold 2,213 shares of Magnite common stock at a price of $14.50 per share in an open-market transaction.
After this sale, the executive beneficially owns 268,912 shares of Magnite common stock in direct ownership. The filing notes that the transaction was executed under a pre-arranged Rule 10b5-1 trading plan adopted on 11/24/2023, which is designed to allow insiders to trade shares according to a preset schedule.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,213 shares ($32,089)
Net Sell
1 txn
Insider
Buckley Sean Patrick
Role
President, Revenue
Sold
2,213 shs ($32K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,213 | $14.50 | $32K |
Holdings After Transaction:
Common Stock — 268,912 shares (Direct)
Footnotes (1)
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FAQ
What did Magnite (MGNI) disclose in this Form 4 filing?
The Form 4 reports that Magnite’s President, Revenue sold 2,213 shares of common stock at $14.50 per share on 11/24/2025, and now holds 268,912 shares directly.
Who is the reporting person in this Magnite (MGNI) Form 4?
The reporting person is an officer of Magnite, Inc., serving as President, Revenue, and is required to report changes in ownership of company stock.
Was the Magnite (MGNI) insider sale under a Rule 10b5-1 plan?
Yes. The filing states the sale was made pursuant to a Rule 10b5-1 trading plan adopted on 11/24/2023 by the reporting person.
What is the significance of Rule 10b5-1 in this Magnite (MGNI) transaction?
Rule 10b5-1 trading plans allow insiders to pre-schedule trades of company stock, helping separate routine share sales from day-to-day market information.