Katie Seitz Evans - Jul 11, 2023 Form 4 Insider Report for MAGNITE, INC. (MGNI)

Role
Chief Operating Officer
Signature
/s/ Aaron Saltz, attorney-in-fact
Stock symbol
MGNI
Transactions as of
Jul 11, 2023
Transactions value $
-$266,610
Form type
4
Date filed
7/13/2023, 04:55 PM
Previous filing
Jun 14, 2023
Next filing
Aug 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MGNI Common Stock Sale -$267K -17.8K -4.75% $15.00 356K Jul 11, 2023 Direct F1
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Buy Plan / Sale Plan: These are also open market purchases/sales of shares, but in this case the transaction is part of a trading plan. Rule 10b5-1 allows insiders to setup a trading plan to buy/sell stocks over a certain period of time. Since the purchases/sales are predetermined, this protects the insiders from violating insider trading law.

Transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c).

Explanation of Responses:

Id Content
F1 These sales were made pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person on March 13, 2023.