MGNI President, Operations reports tax-related RSU share forfeiture

Rhea-AI Filing Summary

Magnite, Inc. (MGNI) reported a routine insider share transaction by its President, Operations. On 11/15/2025, the executive had 10,354 shares of common stock forfeited at a reported price of $14.15 per share. This was a non-discretionary forfeiture required by the company to cover tax withholding obligations tied to the vesting of restricted stock units, meaning the shares were withheld rather than sold on the open market. Following this tax-related forfeiture, the officer beneficially owned 383,735 shares of Magnite common stock in direct form.

Insider Trade Summary

Net Seller: 10,354 shares

Net Sell 1 txn

Insider Evans Katie Seitz

Role President, Operations

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	10,354	$14.15	$147K

Holdings After Transaction: Common Stock — 383,735 shares (Direct)

Footnotes (1)

1. F1. Represents the non-discretionary forfeiture of shares on behalf of the Reporting Person pursuant to an arrangement mandated by the Issuer to cover the tax withholding obligations associated with the vesting of restricted stock units.

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Form 4 Insider Transactions: What Each Field Means →

Accepted by SEC EDGAR 11/18/2025 - 06:00 PM Learn about SEC filing dates

FAQ

What insider transaction did Magnite (MGNI) report in this Form 4?

Magnite reported that its President, Operations had 10,354 shares of common stock forfeited on 11/15/2025 to satisfy tax withholding obligations related to the vesting of restricted stock units.

What was the reported price for the Magnite (MGNI) shares forfeited?

The 10,354 forfeited shares of Magnite common stock were reported at a price of $14.15 per share.

How many Magnite (MGNI) shares does the reporting officer own after the transaction?

After the tax-related forfeiture, the President, Operations beneficially owned 383,735 shares of Magnite common stock in direct ownership.

Why were Magnite (MGNI) shares forfeited by the reporting person?

The shares were forfeited under a non-discretionary arrangement mandated by Magnite to cover tax withholding obligations associated with the vesting of restricted stock units.

Does this Magnite (MGNI) Form 4 reflect an open-market sale by the insider?

No. The Form 4 describes a non-discretionary forfeiture of shares to satisfy tax withholding on restricted stock unit vesting, rather than a voluntary open-market sale.

What is the reporting person’s role at Magnite (MGNI)?

The reporting person is an officer of Magnite, serving as President, Operations, and the Form 4 is filed as a single reporting person filing.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Evans Katie Seitz

(Last) (First) (Middle)

C/O MAGNITE, INC.

1250 BROADWAY, 9TH FLOOR

(Street)

NEW YORK NY 10001

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
MAGNITE, INC. [ MGNI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President, Operations

3. Date of Earliest Transaction (Month/Day/Year)
11/15/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	11/15/2025		F(1)		10,354	D	$14.15	383,735	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Represents the non-discretionary forfeiture of shares on behalf of the Reporting Person pursuant to an arrangement mandated by the Issuer to cover the tax withholding obligations associated with the vesting of restricted stock units.

	/s/ Aaron Saltz, attorney-in-fact	11/18/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.