Form 4: Magnite, Inc. Chief Accounting Officer Brian Gephart Reports Stock Sale
SEC Form 4 Filing
Brian Gephart, Chief Accounting Officer of Magnite, Inc., sold 6,334 shares of common stock at a price of $16.16 on May 12, 2025.
Summary
- On May 12, 2025, Brian Gephart, the Chief Accounting Officer of Magnite, Inc., sold 6,334 shares of the company's common stock.
- The sale price was $16.16 per share.
- Following the transaction, Gephart directly owns 126,575 shares of Magnite, Inc. common stock.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale by an executive. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This is a routine disclosure of a transaction by a company insider. It's common for executives to periodically sell shares for personal financial management.
Stakeholder Impact
- The sale of shares by a company officer could be perceived neutrally or slightly negatively by shareholders, depending on the context and reasons for the sale.
Key Dates
| Date | Description |
|---|---|
| 05/12/2025 | Date of stock sale transaction |
| 05/14/2025 | Date of signature for the report |
Keywords
Form 4, Magnite, Inc., MGNI, Brian Gephart, Chief Accounting Officer, Stock Sale, Beneficial Ownership, SEC Filing
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.