Magnite, Inc. (MGNI) CFO donates 26,258 shares, retains 467,031
Rhea-AI Filing Summary
MAGNITE, INC. chief financial officer David Day reported a bona fide gift of 26,258 shares of Common Stock on August 13, 2026. The gift was recorded at $0.00 per share. Following this disposition, Day directly holds 467,031 shares of Common Stock. The transaction was not marked as being made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 26,258 shares
Net Sell
1 txn
Insider
Day David
Role
CHIEF FINANCIAL OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Gift | Common Stock | 26,258 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 467,031 shares (Direct)
Key Figures
Shares gifted: 26,258 shares
Per-share reported price: $0.00 per share
Shares held after transaction: 467,031 shares
+1 more
4 metrics
Shares gifted
26,258 shares
Bona fide gift of Common Stock on August 13, 2026
Per-share reported price
$0.00 per share
Reported value for the bona fide gift transaction
Shares held after transaction
467,031 shares
Direct Common Stock holdings after the gift
Gift transactions in filing
1 transaction
Single bona fide gift reported in this Form 4
Key Terms
Bona fide gift, Common Stock, Rule 10b5-1
3 terms
Bona fide gift financial
"transaction_code_description": "Bona fide gift"
A bona fide gift is a genuine, voluntary transfer of money, property, or benefits from one party to another made without expectation of repayment, services, or hidden conditions. Investors care because such gifts can affect company disclosures, related‑party transaction rules, tax treatment, and perceived conflicts of interest; think of it like someone giving you a present with no strings attached — but on a corporate scale, auditors and regulators need to verify it really is unconditional.
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.
Rule 10b5-1 regulatory
"Rule 10b5-1 checkbox was left unchecked"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What did MAGNITE, INC. (MGNI) CFO David Day report in this Form 4?
David Day reported a bona fide gift of 26,258 shares of MAGNITE, INC. Common Stock on August 13, 2026. This was a disposition coded as a gift, not a market sale or purchase.
Was the MAGNITE (MGNI) insider transaction executed under a Rule 10b5-1 plan?
The filing indicates the transaction was not made under a Rule 10b5-1 trading plan. The Rule 10b5-1 checkbox was left unchecked, and no footnotes describe any pre-arranged trading arrangement.
What transaction code was used for the MGNI CFO’s Form 4 filing?
The transaction used code G, described as a bona fide gift of Common Stock. This code signifies a gift disposition rather than an open-market sale or purchase of MAGNITE, INC. shares.
At what price was the MGNI stock gift reported for CFO David Day?
The bona fide gift of 26,258 shares was reported at a per-share price of $0.00. This reflects gift treatment and does not represent an open-market transaction price or proceeds received.
AI-generated analysis. How Rhea-AI works. Not financial advice.
