Form 4: Magnite Director Sells Shares
Insider Transaction (Form 4)
Paul Caine, a Director of Magnite, Inc., sold 12,500 shares of common stock on October 12, 2026 for $25.29 per share.
Summary
- Open-market sale: disposed of 12,500 Common Stock at $25.29 ($316,125) on October 12, 2026; holds 124,901 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $316,125 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Paul Caine — Director
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-10-12 | Open-market sale | Common Stock | 12,500 | $25 | $316.1K | 124,901 |
Key Dates
| Date | Description |
|---|---|
| 2026-10-12 | Open-market sale (12,500 shares) |
Keywords
insider transaction, Form 4, MGNI, MAGNITE, INC., bearish, Paul Caine
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