Knopper Douglas S 4
4 · MAGNITE, INC. · Filed Jun 10, 2026
Research Summary
AI-generated summary of this filing
Magnite (MGNI) Director Douglas Knopper Sells 10,766 Shares, Receives RSU Award
What Happened
Douglas S. Knopper, a director of Magnite, Inc. (MGNI), sold 10,766 shares in an open-market transaction on June 10, 2026, for total proceeds of about $169,349 (weighted average price $15.73). Two days earlier, on June 8, 2026, he was granted 13,798 restricted stock units (RSUs) as compensation (reported at $0.00 since these are unvested awards).
Key Details
- Transaction dates: RSU grant on 2026-06-08; open-market sale on 2026-06-10 (Form 4 filed 2026-06-10).
- Sale price: weighted average $15.73; sale prices ranged $15.29–$15.90 (multiple trades).
- Sale proceeds: $169,349 (approximately).
- Grant: 13,798 RSUs granted as compensation; the award vests in full on the earliest of (i) June 8, 2027, (ii) the 2027 annual meeting, or (iii) a change of control.
- Plan/authorization: The sale was made under a Rule 10b5-1 trading plan adopted by Mr. Knopper on December 12, 2025 (indicates a prearranged plan).
- Shares owned after the transactions: not specified in the provided filing summary.
Context
- The RSU grant is a typical non-cash compensation award that vests in the future and does not represent immediate, unrestricted ownership.
- The sale was executed under a 10b5-1 plan, which is commonly used to schedule trades in advance and is generally considered routine rather than a real-time signal of the insider’s view.
- No indications in the provided filing that the report was late; it was filed the same day as the sale (June 10, 2026).
Insider Transaction Report
Form 4
MAGNITE, INC.MGNI
Knopper Douglas S
Director
Transactions
- Award
Common Stock
[F1][F2]2026-06-08+13,798→ 173,913 total - Sale
Common Stock
[F3][F4]2026-06-10$15.73/sh−10,766$169,349→ 163,147 total
Footnotes (4)
- [F1]Represents restricted stock units that vest in full on the earliest of (i) June 8, 2027, (ii) the date of the 2027 annual meeting of the Issuer's stockholders, or (iii) a change of control of the Issuer.
- [F2]Granted as compensation for services.
- [F3]The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on December 12, 2025.
- [F4]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $15.29 to $15.90, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote to this Form 4.
Signature
/s/ Aaron Saltz, attorney-in-fact|2026-06-10