Aaron Saltz - 25 Nov 2024 Form 4 Insider Report for MAGNITE, INC. (MGNI)

Signature
/s/ Aaron Saltz
Issuer symbol
MGNI
Transactions as of
25 Nov 2024
Net transactions value
-$106,925
Form type
4
Filing time
27 Nov 2024, 16:30:08 UTC
Previous filing
19 Nov 2024
Next filing
13 Jan 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MGNI Common Stock Sale $106,925 -6,110 -2% $17.50 297,482 25 Nov 2024 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 The transaction reported was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on March 15, 2024.