David Day - 29 Jun 2023 Form 4 Insider Report for MAGNITE, INC. (MGNI)

Role
Chief Financial Officer
Signature
/s/ Aaron Saltz, attorney-in-fact
Issuer symbol
MGNI
Transactions as of
29 Jun 2023
Transactions value $
-$301,896
Form type
4
Filing time
30 Jun 2023, 17:03:41 UTC
Previous filing
14 Jun 2023
Next filing
13 Jul 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MGNI Common Stock Sale -$302K -21.6K -4.83% $14.00 425K 29 Jun 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 This sale was made pursuant to a Rule 10b5-1 Trading Plan adopted by the Reporting Person on March 13, 2023.