Form 4: Magnite Director Sells Shares
Insider Transaction (Form 4)
Sarah Patricia Harden, a Director of Magnite, Inc., sold 48,986 shares of common stock on August 26, 2026.
Summary
- Open-market sale: disposed of 30,550 Common Stock at $23.31 ($712,120) on August 26, 2026; holds 133,187 after (Direct).
- Open-market sale: disposed of 18,436 Common Stock at $24.00 ($442,464) on August 28, 2026; holds 114,751 after (Direct).
Sentiment
Score: 4
Explanation: StockSavvy.ai views this as a mildly negative but low-conviction signal: an insider sold $1,154,584 of stock under a pre-arranged Rule 10b5-1 plan, which is typically routine.
Insider Transactions
Sarah Patricia Harden — Director
Transaction made under a Rule 10b5-1 trading plan.
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-26 | Open-market sale | Common Stock | 30,550 | $23 | $712.1K | 133,187 |
| 2026-08-28 | Open-market sale | Common Stock | 18,436 | $24 | $442.5K | 114,751 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-26 | Open-market sale (30,550 shares) |
| 2026-08-28 | Open-market sale (18,436 shares) |
Keywords
insider transaction, Form 4, MGNI, MAGNITE, INC., bearish, Sarah Patricia Harden
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.