Form 4: Magnite Executive Sean Patrick Buckley Reports Stock Transactions

Sean Patrick Buckley, President of Revenue at Magnite, Inc., reports the forfeiture and sale of common stock, including shares acquired through the Employee Stock Purchase Plan.

Summary

• On May 15, 2025, Sean Patrick Buckley forfeited 15,049 shares of common stock to cover tax withholding obligations.
• Buckley also acquired 1,577 shares through Magnite's Employee Stock Purchase Plan on the same day.
• On May 16, 2025, Buckley sold 9,692 shares of common stock at a weighted average price of $15.73 per share.
• The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on November 24, 2023.
• Following these transactions, Buckley directly owns 347,394 shares of Magnite common stock.

Sentiment

Score: 5

Explanation: The sentiment is neutral as the filing primarily reports routine stock transactions. The Employee Stock Purchase Plan acquisition is a slightly positive signal.

Positives

• Buckley's participation in the Employee Stock Purchase Plan indicates confidence in the company's future.

Industry Context

This Form 4 filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company executives.

Stakeholder Impact

• The transactions may have a minor impact on shareholders due to the change in Buckley's holdings.

Key Dates

Keywords

Form 4, Magnite, MGNI, Sean Patrick Buckley, Stock Sale, Employee Stock Purchase Plan, Rule 10b5-1, Insider Trading