Magnite director receives 13,798-share equity award
Rossman James reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Rossman James reported acquisition or exercise transactions in this Form 4 filing.
MAGNITE, INC. director James Rossman received a grant of 13,798 shares of common stock in the form of restricted stock units as compensation for services. These units were awarded at no cash cost to him and increase his direct holdings to 107,477 shares after the transaction.
The restricted stock units vest in full on the earliest of June 8, 2027, the date of Magnite’s 2027 annual stockholders’ meeting, or a change of control of the company. Until vesting, the award remains subject to these time- and event-based conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 13,798 | $0.00 | $0.00 |
Footnotes (2)
- F1. Represents restricted stock units that vest in full on the earliest of (i) June 8, 2027, (ii) the date of the 2027 annual meeting of the Issuer's stockholders, or (iii) a change of control of the Issuer.
- F2. Granted as compensation for services.
Key Figures
Key Terms
restricted stock units financial
change of control financial
grant, award, or other acquisition financial
compensation for services financial
FAQ
What did Magnite (MGNI) director James Rossman report in this Form 4?
When do James Rossman’s new Magnite (MGNI) restricted stock units vest?
What type of transaction is shown in this Magnite (MGNI) Form 4?
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