Magnite CTO sells 6,414 shares in planned trades
Magnite’s chief technology officer executed pre-planned sales totaling 6,414 shares under a Rule 10b5-1 trading plan.
Rhea-AI Filing Summary
MAGNITE, INC. (MGNI) reported that its Chief Technology Officer, David Buonasera, sold a total of 6,414 shares of common stock in two open market or private transactions under a Rule 10b5-1 trading plan. The sales occurred on September 1, 2026 and September 2, 2026 at prices of $23.42 and $25.00 per share, respectively.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 6,414 shares
Net Sell
2 txns
Insider
Buonasera David
Role
CHIEF TECHNOLOGY OFFICER
Sold
6,414 shs ($152K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 1,043 | $25.00 | $26K |
| Sale | Common Stock F1 | 5,371 | $23.42 | $126K |
Holdings After Transaction:
Common Stock — 246,320 shares (Direct)
Footnotes (1)
- F1. The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 11, 2025.
Key Figures
Shares sold on September 1, 2026: 5,371 shares
Shares sold on September 2, 2026: 1,043 shares
Total shares sold: 6,414 shares
+3 more
6 metrics
Shares sold on September 1, 2026
5,371 shares
Common stock sale by CTO in open market or private transaction
Shares sold on September 2, 2026
1,043 shares
Common stock sale by CTO in open market or private transaction
Total shares sold
6,414 shares
Aggregate of both reported sales of Magnite common stock
Sale price on September 1, 2026
$23.42 per share
Price for 5,371 shares of common stock sold
Sale price on September 2, 2026
$25.00 per share
Price for 1,043 shares of common stock sold
Rule 10b5-1 plan adoption date
September 11, 2025
Trading plan under which the reported sales were effected
Key Terms
Rule 10b5-1 trading plan, open market or private transaction
2 terms
Rule 10b5-1 trading plan regulatory
"The reported transaction was effected pursuant to a Rule 10b5-1 trading plan"
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 or private transaction financial
"Sale in open market or private transaction"
FAQ
What insider transactions did MGNI disclose in this Form 4?
The filing reports that Chief Technology Officer David Buonasera sold a total of 6,414 shares of Magnite common stock in two open market or private transactions on September 1–2, 2026.
Were the MGNI insider sales made under a Rule 10b5-1 trading plan?
Yes. A footnote states the reported transactions were effected pursuant to a Rule 10b5-1 trading plan adopted by David Buonasera on September 11, 2025.
Does the Form 4 show remaining MGNI holdings for the CTO after these sales?
The transactions are reported as direct ownership, but the rows list no post-transaction share totals for the Chief Technology Officer, so remaining holdings are not detailed in this filing’s data.
AI-generated analysis. How Rhea-AI works. Not financial advice.