Magnite (MGNI) director Diane Yu awarded 13,798 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MAGNITE, INC. director Diane Yu received an equity award of 13,798 shares of common stock in the form of restricted stock units as compensation for services. The award was granted at a price of $0.00 per share and increases her direct holdings to 81,279 shares.
The restricted stock units vest in full on the earliest of June 8, 2027, the date of Magnite’s 2027 annual stockholder meeting, or a change of control of the company. This filing reflects a routine, compensation-related acquisition rather than an open-market purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Yu Diane
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 13,798 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 81,279 shares (Direct, null)
Footnotes (1)
- 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. Granted as compensation for services.
Key Figures
RSU grant size: 13,798 shares
Grant price: $0.00 per share
Holdings after grant: 81,279 shares
+1 more
4 metrics
RSU grant size
13,798 shares
Restricted stock units granted June 8, 2026
Grant price
$0.00 per share
Equity compensation award, non-cash
Holdings after grant
81,279 shares
Total direct common stock holdings following transaction
Vesting date trigger
June 8, 2027
Earliest stated vesting date for RSUs
Key Terms
restricted stock units, change of control, annual meeting of the Issuer's stockholders, compensation for services
4 terms
restricted stock units financial
"Represents restricted stock units that vest in full on the earliest of (i) June 8, 2027..."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
change of control financial
"..., or (iii) a change of control of the Issuer."
A change of control occurs when the ownership or management of a company shifts significantly, such as through a sale, merger, or acquisition, resulting in new leadership or ownership structure. This change can impact the company's direction and decision-making, which is important for investors because it may affect the company's stability, strategy, and future prospects.
annual meeting of the Issuer's stockholders financial
"(ii) the date of the 2027 annual meeting of the Issuer's stockholders..."
compensation for services financial
"Granted as compensation for services."
FAQ
What did Magnite (MGNI) director Diane Yu report in this Form 4 filing?
Diane Yu reported receiving 13,798 restricted stock units of Magnite common stock as a compensation grant. The award was recorded at $0.00 per share and is structured to vest in full upon specific future conditions, reflecting a routine, non-market compensation transaction.
When do Diane Yu’s newly granted Magnite (MGNI) restricted stock units vest?
The 13,798 restricted stock units vest in full on the earliest of June 8, 2027, the date of Magnite’s 2027 annual stockholder meeting, or a change of control. These conditions mean the award is long-term oriented and linked to ongoing board service and company control events.