Magnite (NASDAQ: MGNI) director sells 37,337 shares in 10b5-1 plan
Rhea-AI Filing Summary
MAGNITE, INC. director Douglas S. Knopper sold 37,337 shares of common stock on August 6, 2026 at $22.72 per share. The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on December 12, 2025, and he now directly owns 88,473 shares.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 37,337 shares
Net Sell
1 txn
Insider
Knopper Douglas S
Role
Director
Sold
37,337 shs ($848K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 37,337 | $22.72 | $848K |
Holdings After Transaction:
Common Stock — 88,473 shares (Direct)
Footnotes (1)
- F1. The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 12, 2025.
Key Figures
Shares sold: 37,337 shares
Sale price per share: $22.72
Shares owned after sale: 88,473 shares
+2 more
5 metrics
Shares sold
37,337 shares
Common stock sale by director on August 6, 2026
Sale price per share
$22.72
Average price for the 37,337 shares sold
Shares owned after sale
88,473 shares
Direct ownership by Douglas S. Knopper following the transaction
Transaction date
August 6, 2026
Date of reported common stock sale
Rule 10b5-1 plan adoption date
December 12, 2025
Adoption date of trading plan governing this sale
Key Terms
Rule 10b5-1 trading plan
1 terms
Rule 10b5-1 trading plan regulatory
"The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person"
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.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider stock transaction did Magnite (MGNI) report for Douglas S. Knopper?
Magnite reported that director Douglas S. Knopper sold 37,337 shares of common stock on August 6, 2026 at $22.72 per share, leaving him with 88,473 shares directly owned after the transaction.
Was the recent Magnite (MGNI) insider sale made under a Rule 10b5-1 trading plan?
Yes. The stock sale by director Douglas S. Knopper was effected pursuant to a Rule 10b5-1 trading plan adopted on December 12, 2025, indicating the transaction was pre-arranged rather than opportunistic based on recent market information.
Does the latest Magnite (MGNI) insider report include any option exercises or derivative trades?
The report shows only a single transaction: a sale of 37,337 shares of Magnite common stock by director Douglas S. Knopper. It does not list any option exercises, conversions, or other derivative security transactions for the reported date.