[Form 4] Magnite, Inc. Insider Trading Activity
Magnite insider sale to cover taxes from vested RSUs. David Buonasera, Chief Technology Officer, reported a sale of 7,834 shares of Magnite, Inc. (MGNI) on 08/18/2025 at a price of $23.85 per share. The filing states the sale was executed to satisfy tax-withholding obligations arising from the settlement of vested Restricted Stock Units and was mandated by the issuer's sell-to-cover election rather than a discretionary decision by the reporting person. After the transaction Buonasera beneficially owned 241,579 shares, held directly. The Form 4 was signed by attorney-in-fact Aaron Saltz on 08/20/2025.
Vendita insider di Magnite per coprire imposte derivanti da RSU maturate. David Buonasera, Chief Technology Officer, ha venduto 7.834 azioni di Magnite, Inc. (MGNI) il 18/08/2025 al prezzo di $23,85 per azione. La comunicazione specifica che la vendita 猫 stata effettuata per soddisfare gli obblighi di ritenuta fiscale derivanti dalla liquidazione di Restricted Stock Units maturate ed 猫 stata prevista dall'opzione di sell-to-cover dell'emittente, non da una decisione discrezionale del soggetto segnalante. Dopo la transazione Buonasera deteneva direttamente 241.579 azioni. Il Modulo 4 猫 stato firmato per procura dall'avvocato Aaron Saltz il 20/08/2025.
Venta de insider de Magnite para cubrir impuestos por RSU adquiridas. David Buonasera, Chief Technology Officer, inform贸 la venta de 7.834 acciones de Magnite, Inc. (MGNI) el 18/08/2025 a $23,85 por acci贸n. El informe indica que la venta se ejecut贸 para satisfacer obligaciones de retenci贸n fiscal derivadas del desembolso de Restricted Stock Units adquiridas y fue ordenada por la opci贸n de sell-to-cover del emisor, no por una decisi贸n discrecional del informante. Tras la operaci贸n, Buonasera pose铆a directamente 241.579 acciones. El Formulario 4 fue firmado por apoderado Aaron Saltz el 20/08/2025.
頇曥爼霅� RSU鞚� 靹戈笀 雮╇秬毳� 鞙勴暅 Magnite 雮措秬鞛� 毵る弰. 斓滉碃旮办垹毂呾瀯鞛�(CTO) 雿办澊牍勲摐 攵�鞓る倶靹鸽澕(David Buonasera)電� 2025-08-18鞐� Magnite, Inc.(MGNI) 欤检嫕 7,834欤茧ゼ 欤茧嫻 $23.85鞐� 毵る弰頄堧嫟瓿� 氤搓碃頄堨姷雼堧嫟. 鞝滌稖靹滊鞐愲姅 頃措嫻 毵る弰臧� 頇曥爼霅� Restricted Stock Units鞚� 鞝曥偘鞙茧 氚滌儩頃� 鞗愳矞歆曥垬 靹戈笀 鞚橂毳� 於╈”頃橁赴 鞙勴暣 鞁ろ枆霅橃棃鞙茧┌, 氤搓碃鞛� 氤胳澑鞚� 鞛焿鞝� 瓴办爼鞚� 鞎勲媹霛� 氚滍枆靷潣 sell-to-cover 靹犿儩鞐� 霐半澕 鞚措（鞏挫雼り碃 氇呾嫓霅橃柎 鞛堨姷雼堧嫟. 瓯半灅 頉� 攵�鞓る倶靹鸽澕電� 歆侅爲 241,579欤茧ゼ 氤挫湢頄堨姷雼堧嫟. Form 4電� 2025-08-20鞐� 雽�毽澑 鞎勲 靻旍笭(Aaron Saltz)臧� 靹滊獏頄堨姷雼堧嫟.
Vente d'initi茅 chez Magnite pour couvrir les imp么ts li茅s 脿 des RSU acquises. David Buonasera, Chief Technology Officer, a d茅clar茅 la vente de 7 834 actions de Magnite, Inc. (MGNI) le 18/08/2025 au prix de 23,85 $ par action. Le d茅p么t pr茅cise que la vente a 茅t茅 effectu茅e pour satisfaire les obligations de retenue 脿 la source li茅es au r猫glement de Restricted Stock Units acquises et qu'elle r茅sultait du choix de l'茅metteur 芦 sell-to-cover 禄, et non d'une d茅cision discr茅tionnaire du d茅clarant. Apr猫s la transaction, Buonasera d茅tenait directement 241 579 actions. Le formulaire 4 a 茅t茅 sign茅 par le mandataire Aaron Saltz le 20/08/2025.
Magnite-Insider-Verkauf zur Begleichung von Steuern aus ausge眉bten RSUs. David Buonasera, Chief Technology Officer, meldete am 18.08.2025 den Verkauf von 7.834 Aktien von Magnite, Inc. (MGNI) zu je $23,85. Die Meldung besagt, dass der Verkauf zur Erf眉llung von steuerlichen Einbehaltspflichten aus der Abwicklung ausge眉bter Restricted Stock Units erfolgte und durch die Sell-to-Cover-Wahl des Emittenten veranlasst wurde, nicht durch eine freiwillige Entscheidung der meldepflichtigen Person. Nach der Transaktion hielt Buonasera direkt 241.579 Aktien. Das Formular 4 wurde am 20.08.2025 vom Bevollm盲chtigten Aaron Saltz unterzeichnet.
- Clear disclosure that the sale was a mandated sell-to-cover to satisfy tax withholding on vested RSUs
- Timely and complete Form 4 filing signed by an attorney-in-fact, indicating compliance with Section 16 reporting
- None.
Insights
TL;DR: Routine sell-to-cover by an officer; small percentage of holdings, limited market impact.
The transaction represents a non-discretionary, tax-motivated sale of 7,834 shares at $23.85 to satisfy withholding on vested RSUs. Relative to the post-transaction direct holding of 241,579 shares, the sale is modest (about 3.2% of reported post-sale holdings). There is no indication of additional sales or derivative transactions in this filing. For investors, this filing documents compensation-related liquidity activity but provides no new operational or financial information about Magnite.
TL;DR: Disclosure is clear and compliant; sale was mandated by company policy, not voluntary insider trading.
The Form 4 clearly states the sale was to cover tax withholding on vested RSUs and was not a discretionary trade by the reporting person. The filing includes the reporting persons role as CTO and shows timely reporting by an attorney-in-fact. From a governance perspective, the filing meets Section 16 disclosure requirements and clarifies the nature of the transaction, reducing ambiguity about insider intent.
Vendita insider di Magnite per coprire imposte derivanti da RSU maturate. David Buonasera, Chief Technology Officer, ha venduto 7.834 azioni di Magnite, Inc. (MGNI) il 18/08/2025 al prezzo di $23,85 per azione. La comunicazione specifica che la vendita 猫 stata effettuata per soddisfare gli obblighi di ritenuta fiscale derivanti dalla liquidazione di Restricted Stock Units maturate ed 猫 stata prevista dall'opzione di sell-to-cover dell'emittente, non da una decisione discrezionale del soggetto segnalante. Dopo la transazione Buonasera deteneva direttamente 241.579 azioni. Il Modulo 4 猫 stato firmato per procura dall'avvocato Aaron Saltz il 20/08/2025.
Venta de insider de Magnite para cubrir impuestos por RSU adquiridas. David Buonasera, Chief Technology Officer, inform贸 la venta de 7.834 acciones de Magnite, Inc. (MGNI) el 18/08/2025 a $23,85 por acci贸n. El informe indica que la venta se ejecut贸 para satisfacer obligaciones de retenci贸n fiscal derivadas del desembolso de Restricted Stock Units adquiridas y fue ordenada por la opci贸n de sell-to-cover del emisor, no por una decisi贸n discrecional del informante. Tras la operaci贸n, Buonasera pose铆a directamente 241.579 acciones. El Formulario 4 fue firmado por apoderado Aaron Saltz el 20/08/2025.
頇曥爼霅� RSU鞚� 靹戈笀 雮╇秬毳� 鞙勴暅 Magnite 雮措秬鞛� 毵る弰. 斓滉碃旮办垹毂呾瀯鞛�(CTO) 雿办澊牍勲摐 攵�鞓る倶靹鸽澕(David Buonasera)電� 2025-08-18鞐� Magnite, Inc.(MGNI) 欤检嫕 7,834欤茧ゼ 欤茧嫻 $23.85鞐� 毵る弰頄堧嫟瓿� 氤搓碃頄堨姷雼堧嫟. 鞝滌稖靹滊鞐愲姅 頃措嫻 毵る弰臧� 頇曥爼霅� Restricted Stock Units鞚� 鞝曥偘鞙茧 氚滌儩頃� 鞗愳矞歆曥垬 靹戈笀 鞚橂毳� 於╈”頃橁赴 鞙勴暣 鞁ろ枆霅橃棃鞙茧┌, 氤搓碃鞛� 氤胳澑鞚� 鞛焿鞝� 瓴办爼鞚� 鞎勲媹霛� 氚滍枆靷潣 sell-to-cover 靹犿儩鞐� 霐半澕 鞚措（鞏挫雼り碃 氇呾嫓霅橃柎 鞛堨姷雼堧嫟. 瓯半灅 頉� 攵�鞓る倶靹鸽澕電� 歆侅爲 241,579欤茧ゼ 氤挫湢頄堨姷雼堧嫟. Form 4電� 2025-08-20鞐� 雽�毽澑 鞎勲 靻旍笭(Aaron Saltz)臧� 靹滊獏頄堨姷雼堧嫟.
Vente d'initi茅 chez Magnite pour couvrir les imp么ts li茅s 脿 des RSU acquises. David Buonasera, Chief Technology Officer, a d茅clar茅 la vente de 7 834 actions de Magnite, Inc. (MGNI) le 18/08/2025 au prix de 23,85 $ par action. Le d茅p么t pr茅cise que la vente a 茅t茅 effectu茅e pour satisfaire les obligations de retenue 脿 la source li茅es au r猫glement de Restricted Stock Units acquises et qu'elle r茅sultait du choix de l'茅metteur 芦 sell-to-cover 禄, et non d'une d茅cision discr茅tionnaire du d茅clarant. Apr猫s la transaction, Buonasera d茅tenait directement 241 579 actions. Le formulaire 4 a 茅t茅 sign茅 par le mandataire Aaron Saltz le 20/08/2025.
Magnite-Insider-Verkauf zur Begleichung von Steuern aus ausge眉bten RSUs. David Buonasera, Chief Technology Officer, meldete am 18.08.2025 den Verkauf von 7.834 Aktien von Magnite, Inc. (MGNI) zu je $23,85. Die Meldung besagt, dass der Verkauf zur Erf眉llung von steuerlichen Einbehaltspflichten aus der Abwicklung ausge眉bter Restricted Stock Units erfolgte und durch die Sell-to-Cover-Wahl des Emittenten veranlasst wurde, nicht durch eine freiwillige Entscheidung der meldepflichtigen Person. Nach der Transaktion hielt Buonasera direkt 241.579 Aktien. Das Formular 4 wurde am 20.08.2025 vom Bevollm盲chtigten Aaron Saltz unterzeichnet.
FAQ
What did MGNI insider David Buonasera report on Form 4?
Why were the shares sold according to the Form 4?
How many MGNI shares does David Buonasera own after the sale?
Who signed the Form 4 and when was it filed?
Is this sale considered discretionary insider trading?
