Sarah Patricia Harden, a Director at Magnite, Inc. (MGNI +1.46%), reported a sale of 48,986 shares of common stock on August 26, 2026 and August 28, 2026, according to an SEC Form 4 filing.
Transaction summary
| Metric | Value |
|---|---|
| Transaction value | $1.2 million |
| Shares sold | 48,986 |
| Post-transaction shares (directly held) | 114,751 |
| Post-transaction value | $2.72 million |
Transaction value based on SEC Form 4 weighted average sale price ($23.57); post-transaction value based on August 28, 2026 market close ($23.70).
Key questions
- What is the primary driver behind this disposal of equity?
The transaction was executed pursuant to a Rule 10b5-1 trading plan established on May 27, 2026, which allows corporate insiders to schedule future stock sales to manage personal…
