Magnite (MGNI) director Paul Caine sells 5,000 shares in Rule 10b5-1 trade
Rhea-AI Filing Summary
MAGNITE, INC. director Paul Caine reported selling 5,000 shares of common stock on August 10, 2026 in an open-market transaction. The sale was executed under a Rule 10b5-1 trading plan adopted on August 20, 2025. The weighted average sale price was $24.35 per share, with individual trades executed between $24.07 and $24.91. Following this transaction, Caine directly holds 157,401 shares of MAGNITE common stock.
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Insider Trade Summary 10b5-1
Net Seller: 5,000 shares
Net Sell
1 txn
Insider
Caine Paul
Role
Director
Sold
5,000 shs ($122K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 5,000 | $24.35 | $122K |
Holdings After Transaction:
Common Stock — 157,401 shares (Direct)
Footnotes (2)
- F1. The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 20, 2025.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.07 to $24.91, 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: 5,000 shares
Weighted average sale price: $24.35 per share
Sale price range: $24.07 to $24.91 per share
+2 more
5 metrics
Shares sold
5,000 shares
Common stock sold on August 10, 2026 by director Paul Caine
Weighted average sale price
$24.35 per share
Weighted average price for the 5,000 shares sold
Sale price range
$24.07 to $24.91 per share
Range of individual transaction prices for the reported sale
Shares owned after transaction
157,401 shares
Direct holdings of Paul Caine following the August 10, 2026 sale
10b5-1 plan adoption date
August 20, 2025
Date the Rule 10b5-1 trading plan governing this sale was adopted
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 financial
"transaction code description: Sale in open market or private transaction"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did MAGNITE (MGNI) director Paul Caine report in this Form 4?
Paul Caine reported a sale of 5,000 MAGNITE common shares on August 10, 2026. The transaction was executed in the open market and left him with 157,401 shares held directly.
Was Paul Caine’s MAGNITE (MGNI) stock sale under a Rule 10b5-1 plan?
Yes. The filing states the transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by Paul Caine on August 20, 2025, indicating a pre-arranged trading program.
What does the price range in Paul Caine’s MAGNITE (MGNI) sale mean?
The filing notes the $24.35 price is a weighted average, with shares sold in multiple trades between $24.07 and $24.91. Detailed share counts at each price are available from the reporting person upon request.