Magnite (MGNI) director Rachel Lam sells 10,000 shares at $24.16 average
Rhea-AI Filing Summary
MAGNITE, INC. director Rachel Lam reported a sale of 10,000 shares of common stock on 2026-08-10 in a non-derivative transaction. The sale was executed at a weighted average price of $24.16 per share, with individual trades ranging from $24.11 to $24.20. Following this sale, Lam directly holds 230,620 shares of MAGNITE common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 10,000 shares
Net Sell
1 txn
Insider
Lam Rachel
Role
Director
Sold
10,000 shs ($242K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 10,000 | $24.16 | $242K |
Holdings After Transaction:
Common Stock — 230,620 shares (Direct)
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $24.11 to $24.20, 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.
Key Figures
Shares sold: 10,000 shares
Weighted average sale price: $24.16 per share
Approximate transaction value: $241,600
+1 more
4 metrics
Shares sold
10,000 shares
Non-derivative sale of common stock on 2026-08-10
Weighted average sale price
$24.16 per share
Sale in multiple transactions at prices from $24.11 to $24.20
Approximate transaction value
$241,600
Derived by multiplying 10,000 shares by $24.16 per share
Shares owned after transaction
230,620 shares
Direct common stock holdings following the 10,000-share sale
Key Terms
weighted average price, open market, non-derivative
3 terms
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 financial
"transaction code description: Sale in open market or private transaction"
An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.
non-derivative financial
"transaction_type: non-derivative"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did MAGNITE, INC. (MGNI) director Rachel Lam report in this Form 4?
Rachel Lam reported selling 10,000 shares of MAGNITE common stock on 2026-08-10. The transaction was a non-derivative, open-market or private sale, and was executed at a weighted average price within a narrow range around $24 per share.
What is the size of the MAGNITE (MGNI) stock sale reported by Rachel Lam in dollar terms?
The sale of 10,000 shares at a weighted average price of $24.16 per share represents an approximate transaction value of $241,600. This value is derived by multiplying the disclosed share amount by the weighted average per-share price reported.
Was the Rachel Lam MAGNITE (MGNI) sale executed as a derivative or non-derivative transaction?
The reported sale was a non-derivative transaction in MAGNITE common stock. It is coded as a “Sale in open market or private transaction”, indicating it involved direct common shares rather than options or other derivative securities.