Saltz Aaron 4
4 · MAGNITE, INC. · Filed Feb 18, 2026
Research Summary
AI-generated summary of this filing
Magnite (MGNI) CLO Aaron Saltz Forfeits 12,761 Shares
What Happened
- Aaron Saltz, Chief Legal Officer of Magnite, reported a non‑discretionary forfeiture of 12,761 shares on 2026-02-15. The shares were disposed at an effective price of $11.70 per share, for a total of approximately $149,304. This transaction was recorded as code "F" — a tax‑withholding event tied to vested restricted stock units (RSUs), not an open‑market sale.
Key Details
- Transaction date: 2026-02-15; Filing date: 2026-02-18
- Disposed: 12,761 shares @ $11.70; Total value ≈ $149,304
- Shares owned after transaction: Not specified in the filing
- Footnote: Non‑discretionary forfeiture of shares to satisfy tax withholding obligations associated with RSU vesting
- Timeliness: Filing shows transaction date 2/15 and was filed 2/18; no late‑filing indicator noted
Context
- This was a routine tax‑withholding (cashless) forfeiture related to RSU vesting — common for executives when shares vest and taxes are due. Such withholding transactions do not necessarily indicate a change in the insider’s view of the company, unlike intentional open‑market sales or purchases.
Insider Transaction Report
Form 4
MAGNITE, INC.MGNI
Saltz Aaron
CHIEF LEGAL OFFICER
Transactions
- Tax Payment
Common Stock
[F1]2026-02-15$11.70/sh−12,761$149,304→ 275,643 total
Footnotes (1)
- [F1]Represents the non-discretionary forfeiture of shares on behalf of the Reporting Person pursuant to an arrangement mandated by the Issuer to cover the tax withholding obligations associated with the vesting of restricted stock units.
Signature
/s/ Aaron Saltz|2026-02-18