Magnite director sells 37,337 shares at $26.28
A MAGNITE, INC. director sold 37,337 shares under a pre-arranged Rule 10b5-1 trading plan, leaving him with 51,136 shares directly held.
Rhea-AI Filing Summary
MAGNITE, INC. (MGNI) director Douglas S. Knopper sold Common Stock in an open-market transaction on September 17, 2026. He sold 37,337 shares at a weighted average price of $26.28 per share, with actual trade prices ranging from $26.00 to $26.50. Following this sale, he directly holds 51,136 shares of MAGNITE, INC. common stock. The sale was effected pursuant to a Rule 10b5-1 trading plan adopted on December 12, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 37,337 shares
Net Sell
1 txn
Insider
Knopper Douglas S
Role
Director
Sold
37,337 shs ($981K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 37,337 | $26.28 | $981K |
Holdings After Transaction:
Common Stock — 51,136 shares (Direct)
Footnotes (2)
- F1. The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 12, 2025.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.00 to $26.50, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
Key Figures
Shares sold: 37,337 shares
Weighted average sale price: $26.28 per share
Sale price range: $26.00–$26.50 per share
+3 more
6 metrics
Shares sold
37,337 shares
Common Stock sold by director on September 17, 2026
Weighted average sale price
$26.28 per share
Average price for the 37,337 shares sold
Sale price range
$26.00–$26.50 per share
Range of prices for multiple sale transactions
Shares held after transaction
51,136 shares
Director’s direct holdings after the sale
Rule 10b5-1 plan adoption date
December 12, 2025
Date the trading plan governing the sale was adopted
Net shares sold in filing
37,337 shares
Net selling activity reported across all transactions in this Form 4
Key Terms
Rule 10b5-1 trading plan, weighted average price, open market or private transaction
3 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.
weighted average price financial
"The price reported in Column 4 is a weighted average price"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open market or private transaction market
"Sale in open market or private transaction"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did MAGNITE, INC. (MGNI) report on this Form 4?
MAGNITE, INC. reported that director Douglas S. Knopper sold 37,337 shares of common stock on September 17, 2026 in an open-market transaction, at a weighted average price of $26.28 per share.
Was the MGNI insider sale made under a Rule 10b5-1 trading plan?
Yes. The filing states the transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on December 12, 2025.
Is this MGNI Form 4 transaction a buy or a sell by the insider?
This Form 4 reports a sale of common stock by director Douglas S. Knopper, totaling 37,337 shares in an open-market transaction on September 17, 2026.
AI-generated analysis. How Rhea-AI works. Not financial advice.