MAGNITE, INC. 8-K

What Happened Magnite, Inc. (MGNI) filed an 8-K on June 11, 2026 reporting final voting results from its annual meeting held June 8, 2026. Shareholders elected three Class III directors — Paul Caine, Doug Knopper and David Pearson — and ratified Deloitte & Touche LLP as the company’s independent registered public accounting firm. Shareholders also approved, on an advisory basis, the compensation of named executive officers and selected a one‑year frequency for future advisory votes on executive compensation.

Key Details

• Directors elected (Class III): Paul Caine, Doug Knopper, David Pearson. Vote totals for Paul Caine: 99,225,532 FOR; 5,272,915 AGAINST; 1,737,588 ABSTAIN; 21,398,031 BROKER NON‑VOTES.
• Auditor ratification: Deloitte & Touche LLP approved with 125,139,432 FOR; 311,677 AGAINST; 2,182,957 ABSTAIN.
• Advisory vote on executive pay (say‑on‑pay): 93,243,703 FOR; 11,274,849 AGAINST; 1,717,483 ABSTAIN; 21,398,031 BROKER NON‑VOTES.
• Advisory vote on frequency: shareholders selected “1 YEAR” with 100,148,461 votes for annual frequency (others: 55,954 for 2 years; 4,309,358 for 3 years).

Why It Matters These outcomes confirm board continuity and auditor selection for the coming year, and the strong say‑on‑pay support signals shareholder acceptance of executive compensation as disclosed in the proxy. The selection of an annual advisory vote means shareholders will vote on executive pay every year (advisory/non‑binding). Notably, there were 21,398,031 broker non‑votes reported on several matters, a figure investors may watch when assessing shareholder engagement and vote turnout. The 8-K was signed by David Day, Chief Financial Officer.