Magnite CLO shares withheld for RSU taxes
MAGNITE, INC. chief legal officer Aaron Salt reported a tax-withholding disposition of 12,761 shares of common stock.
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Rhea-AI Filing Summary
MAGNITE, INC. chief legal officer Aaron Salt reported a tax-withholding disposition of 12,761 shares of common stock. These shares were non-discretionarily forfeited to the company at $11.70 per share to cover tax obligations arising from the vesting of restricted stock units, rather than being sold on the open market. After this withholding event, Salt directly holds 275,643 shares of Magnite common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 12,761 | $11.70 | $149K |
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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did MAGNITE (MGNI) report for Aaron Salt?
Was the MAGNITE (MGNI) Form 4 transaction an open-market sale?
What does transaction code F mean in the MAGNITE (MGNI) Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.