Form 4: Magnite CTO Sells Shares
Insider Transaction (Form 4)
David Buonasera, CHIEF TECHNOLOGY OFFICER of Magnite, Inc., sold 1,165 shares of common stock on September 14, 2026 for $24.00 per share.
Summary
- Open-market sale: disposed of 1,165 Common Stock at $24.00 ($27,960) on September 14, 2026; holds 245,155 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $27,960 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
David Buonasera — Officer (CHIEF TECHNOLOGY OFFICER)
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-09-14 | Open-market sale | Common Stock | 1,165 | $24 | $28.0K | 245,155 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-14 | Open-market sale (1,165 shares) |
Keywords
insider transaction, Form 4, MGNI, MAGNITE, INC., bearish, David Buonasera
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