Magnite (MGNI) CEO Form 4 shows 12,198 shares tax forfeiture
Magnite, Inc. reported an insider equity transaction by its CEO and director.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 12,198 | $14.15 | $173K |
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
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What insider transaction did Magnite (MGNI) disclose in this Form 4?
What transaction code is used in this Magnite (MGNI) Form 4 and what does it mean?
What is the role of the reporting person at Magnite (MGNI)?
Was this Magnite (MGNI) insider transaction part of a discretionary trading plan?
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