Magnite (MGNI) Director Caine Paul Receives Award

What Happened
Caine Paul, a director of Magnite, Inc. (MGNI), was granted 13,798 restricted stock units (RSUs) on June 8, 2026. The transaction is reported as an award/acquisition (code A) with a reported acquisition price of $0.00, so the immediate dollar value shown in the filing is $0. These RSUs were granted as compensation for services.

Key Details

• Transaction date: 2026-06-08; Form 4 filed: 2026-06-10 (filed within the typical 2-business-day window).
• Grant: 13,798 restricted stock units; reported price: $0.00; reported total value: $0.
• Vesting (Footnote F1): RSUs vest in full on the earliest of (i) June 8, 2027, (ii) the date of the 2027 annual meeting of stockholders, or (iii) a change of control of the company.
• Purpose (Footnote F2): Granted as compensation for services.
• Shares owned after transaction: Not specified in the provided excerpt of the filing.

Context
RSU awards are a form of compensation and do not represent an open-market purchase or sale. They typically vest over time or upon specified events (here: one-year service, annual meeting timing, or change of control). Because the filing reports an award rather than a purchase or sale, it should be interpreted as compensation-related, not necessarily as an immediate signal about the director's personal market view.