Form 4: Magnite Inc. Chief Accounting Officer Brian Gephart Sells Shares
SEC Form 4 Filing
Brian Gephart, Chief Accounting Officer of Magnite Inc., sold 6,250 shares of common stock at $16 per share on March 3, 2025.
Summary
- On March 3, 2025, Brian Gephart, the Chief Accounting Officer of Magnite Inc. (MGNI), sold 6,250 shares of the company's common stock.
- The shares were sold at a price of $16 per share.
- Following the transaction, Gephart directly owns 132,909 shares of Magnite Inc.
Sentiment
Score: 5
Explanation: This is a neutral event. It's a routine disclosure of a stock sale by a company officer. The impact on investor sentiment is likely to be minimal unless the sale is unusually large or part of a larger pattern.
Industry Context
This is a standard Form 4 filing, which is common when company insiders trade their company's stock. It provides transparency into the transactions of company officers.
Stakeholder Impact
- The sale of shares by a company officer could be perceived negatively by some shareholders, but the impact is likely to be minimal given the relatively small number of shares sold.
Key Dates
| Date | Description |
|---|---|
| 03/03/2025 | Date of transaction: Brian Gephart sold 6,250 shares of Magnite Inc. common stock. |
| 03/05/2025 | Date of signature on the Form 4 filing. |
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