David Buonasera - Nov 27, 2024 Form 4 Insider Report for MAGNITE, INC. (MGNI)

Role
CHIEF TECHNOLOGY OFFICER
Signature
/s/ Aaron Saltz, attorney-in-fact
Stock symbol
MGNI
Transactions as of
Nov 27, 2024
Transactions value $
-$7,232
Form type
4
Date filed
11/27/2024, 05:25 PM
Previous filing
Nov 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MGNI Common Stock Sale -$7.23K -431 -0.19% $16.78 226K Nov 27, 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 reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on August 15, 2024.