Form 4: Magnite Inc. Executive Sean Patrick Buckley Reports Sale of Common Stock

Sean Patrick Buckley, President of Revenue at Magnite Inc., reports the sale of 10,527 shares of common stock on February 19, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On February 19, 2025, Sean Patrick Buckley, President of Revenue at Magnite Inc., sold 10,527 shares of common stock.
• The sale was executed under a Rule 10b5-1 trading plan adopted on November 24, 2023.
• The shares were sold at a weighted average price of $19.13, with individual transactions ranging from $19.02 to $19.31.
• Following the transaction, Buckley directly owns 370,558 shares of Magnite Inc. common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a stock sale by an executive. It doesn't inherently convey positive or negative sentiment, as it's a factual report of a transaction.

Industry Context

This filing is a routine disclosure of insider trading activity and provides transparency to the market regarding transactions by company executives. It is common for executives to use 10b5-1 plans to sell shares over time.

Stakeholder Impact

• The sale of shares by an executive could have a minor impact on shareholder sentiment, but the existence of a 10b5-1 plan mitigates concerns about insider information.

Key Dates

Keywords

Form 4, Magnite Inc., MGNI, Sean Patrick Buckley, Stock Sale, Rule 10b5-1, Insider Trading