Magnite CEO reports 12,198 MGNI shares withheld for RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Magnite, Inc. reported an insider equity transaction by its CEO and director. On 11/15/2025, the reporting person disposed of 12,198 shares of Magnite common stock at a price of $14.15 per share. This disposition is identified with transaction code "F," which indicates that the shares were withheld by the company to satisfy tax withholding obligations.
After this tax-related forfeiture tied to the vesting of restricted stock units, the reporting person beneficially owns 237,659 shares of Magnite common stock in direct ownership. The filing notes that the forfeiture was non-discretionary and mandated by Magnite under an arrangement designed to cover the reporting person’s tax liabilities arising from equity compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
BARRETT MICHAEL G.
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 12,198 | $14.15 | $173K |
Holdings After Transaction:
Common Stock — 237,659 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Magnite (MGNI) disclose in this Form 4?
Magnite reported that its CEO and director disposed of 12,198 shares of common stock on 11/15/2025 in a transaction coded "F" related to tax withholding on vested restricted stock units.
What transaction code is used in this Magnite (MGNI) Form 4 and what does it mean?
The filing uses transaction code "F", which denotes a transaction in which shares are withheld by the issuer to pay tax obligations related to an equity award, rather than an open-market sale.
What is the role of the reporting person at Magnite (MGNI)?
The reporting person is identified as both a director and an officer, serving as CEO of Magnite, Inc.
Was this Magnite (MGNI) insider transaction part of a discretionary trading plan?
No. The explanation states that the forfeiture was non-discretionary and mandated by Magnite to cover tax withholding obligations from restricted stock unit vesting.