MGNI.NASDAQMagnite, INC

4/A: Magnite Inc. Executive Aaron Saltz Amends SEC Filing to Correct Share Forfeiture

Sentiment:

SEC Filing Amendment


Aaron Saltz, Chief Legal Officer of Magnite Inc., filed an amendment to a previous SEC Form 4 to correct the number of shares forfeited to cover tax withholding obligations.

Summary

  • This SEC Form 4/A is an amendment to a previous filing by Aaron Saltz, Chief Legal Officer of Magnite Inc.
  • The amendment corrects the number of shares forfeited on February 15, 2024, to cover tax withholding obligations associated with the vesting of restricted stock units.
  • The corrected filing shows a forfeiture of 9,178 shares at a price of $9.74, resulting in a total of 325,341 shares beneficially owned by Saltz.
  • The original filing was submitted on February 16, 2024.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing correcting a minor error. It doesn't indicate any significant positive or negative developments for the company.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.

Key Dates

DateDescription
02/15/2024Date of the share forfeiture transaction.
02/16/2024Date of the original SEC Form 4 filing.
05/06/2024Date of the amended SEC Form 4/A filing.

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