Magnite officer forfeits 11,204 shares for taxes
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Rhea-AI Filing Summary
MAGNITE, INC. (MGNI) reported an insider tax-related share disposition by officer Katie Seitz Evans, President, Product & Operations. On 2026-08-15, 11,204 shares of common stock were forfeited on a non-discretionary basis to cover tax withholding obligations tied to vesting restricted stock units. Following this withholding transaction, Evans directly holds 485,636 shares of Magnite common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 11,204 | $24.73 | $277K |
Footnotes (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.
Key Figures
Key Terms
restricted stock units financial
non-discretionary forfeiture financial
tax withholding obligations financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did MAGNITE, INC. (MGNI) report for Katie Seitz Evans?
Was the MGNI insider transaction a market sale or a tax withholding event?
What role does Katie Seitz Evans hold at MAGNITE, INC. (MGNI)?
AI-generated analysis. How Rhea-AI works. Not financial advice.