Magnite CEO sells 293,968 shares after option exercise
Magnite, Inc. CEO Michael G. Barrett exercised stock options covering 293,968 shares of common stock at an exercise price of $5.80 per share and sold the same number of shares at $22.72 per share on August 6, 2026.
Rhea-AI Filing Summary
Magnite, Inc. CEO Michael G. Barrett exercised stock options covering 293,968 shares of common stock at an exercise price of $5.80 per share and sold the same number of shares at $22.72 per share on August 6, 2026. The options were granted as compensation, were fully vested and immediately exercisable, and were due to expire on March 17, 2027. The exercise and subsequent sale were carried out under a Rule 10b5-1 trading plan adopted on March 13, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Stock Option (right to buy) F1, F3, F2 | 293,968 | $0.00 | $0.00 |
| Exercise | Common Stock F1 | 293,968 | $5.80 | $1.71M |
| Sale | Common Stock F1 | 293,968 | $22.72 | $6.68M |
Footnotes (3)
- F1. This exercise and subsequent sale were made pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 13, 2026.
- F2. The stock options have fully vested and are immediately exercisable.
- F3. Granted as compensation for services.
Key Figures
Key Terms
Rule 10b5-1 trading plan regulatory
Stock Option (right to buy financial
Exercise or conversion of derivative security financial
FAQ
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