Magnite CTO sells 1,165 shares at $24
MAGNITE’s CTO reported a small Rule 10b5-1 planned sale of 1,165 shares, retaining 245,155 shares afterward.
Rhea-AI Filing Summary
MAGNITE, INC. (MGNI) Chief Technology Officer David Buonasera reported a sale of 1,165 shares of common stock on September 14, 2026 at $24.00 per share, in an open-market or private transaction. Following this sale, he directly holds 245,155 shares of MAGNITE common stock. The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted on June 13, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 1,165 shares
Net Sell
1 txn
Insider
Buonasera David
Role
CHIEF TECHNOLOGY OFFICER
Sold
1,165 shs ($28K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 1,165 | $24.00 | $28K |
Holdings After Transaction:
Common Stock — 245,155 shares (Direct)
Footnotes (1)
- F1. The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on June 13, 2026.
Key Figures
Shares sold: 1,165 shares
Sale price per share: $24.00 per share
Shares held after transaction: 245,155 shares
+3 more
6 metrics
Shares sold
1,165 shares
Common Stock sale reported for September 14, 2026
Sale price per share
$24.00 per share
Price for the 1,165 shares of Common Stock sold
Shares held after transaction
245,155 shares
Direct Common Stock holdings of CTO after the sale
Transactions reported as sales
1 sale
Form 4 transaction summary for this filing
Net shares sold
1,165 shares
Net buy/sell direction is net-sell for this Form 4
Rule 10b5-1 plan adoption date
June 13, 2026
Plan under which the reported sale was effected
Key Terms
Rule 10b5-1 trading plan, Common Stock, 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.
Common Stock financial
"security title is listed as Common Stock for the transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
open market or private transaction financial
"transaction code description notes a Sale in open market or private transaction"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did MAGNITE, INC. (MGNI) disclose for its CTO?
MAGNITE’s CTO, David Buonasera, reported selling 1,165 shares of common stock on September 14, 2026 at $24.00 per share in an open-market or private transaction.
Was the MGNI insider sale made under a Rule 10b5-1 trading plan?
Yes. The filing states the sale was effected pursuant to a Rule 10b5-1 trading plan adopted by David Buonasera on June 13, 2026, and the plan status checkbox is affirmed.
Is this MAGNITE (MGNI) Form 4 transaction a purchase or a sale?
It is a sale transaction. The Form 4 reports the disposition of 1,165 shares of MAGNITE common stock, coded as a sale in an open-market or private transaction.
Does the MGNI Form 4 show any derivative securities activity?
No. The Form 4’s structured data show no derivative transactions and an empty derivative positions summary, indicating only this common stock sale was reported.
AI-generated analysis. How Rhea-AI works. Not financial advice.