Magnite (MGNI) officer sells 2,213 shares at $14.50 in Form 4
Magnite, Inc. (MGNI) reported an insider stock sale by a senior executive.
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.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 2,213 | $14.50 | $32K |
Footnotes (1)
- F1. The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on November 24, 2023.
FAQ
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