4//SEC Filing
Day David 4
Accession 0001523288-26-000002
CIK 0001595974other
Filed
Jan 11, 7:00 PM ET
Accepted
Jan 12, 4:30 PM ET
Size
9.7 KB
Accession
0001523288-26-000002
Insider Transaction Report
Form 4
MAGNITE, INC.MGNI
Day David
CHIEF FINANCIAL OFFICER
Transactions
- Exercise/Conversion
Common Stock
[F1]2026-01-09+72,675→ 573,245 total - Tax Payment
Common Stock
[F2]2026-01-09$16.17/sh−35,169$568,683→ 538,076 total - Exercise/Conversion
Performance Stock Units
[F3][F1][F4]2026-01-09−72,675→ 0 total→ Common Stock (72,675 underlying)
Footnotes (4)
- [F1]Equity grant under the Company's Amended and Restated 2014 Equity Incentive Plan.
- [F2]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 the performance stock units ("PSUs") being reported herein.
- [F3]Each PSU represents a contingent right to receive, on vesting, one share of the Issuer's common stock, subject to Issuer performance as more specifically described in Footnote 4 herein.
- [F4]Vesting of the PSU was determined based on the Issuer's total stockholder return ("TSR") for the three-year period beginning on January 1, 2023 relative to the TSRs of the companies in the Russell 2000 index over that period. The number of PSUs reported in column 5 on the Form 4 filed with the Securities and Exchange Commission on January 4, 2023 reflected the target number of PSUs initially subject to the award. The award was eligible to vest as to 0% to 150% of the target number of PSUs. On January 9, 2026, the Compensation Committee of the Issuer's Board of Directors determined that, based on 126.35% achievement, the Reporting Person actually vested 72,675 shares.
Signature
/s/ Aaron Saltz, attorney-in-fact|2026-01-12
Documents
Issuer
MAGNITE, INC.
CIK 0001595974
Entity typeother
Related Parties
1- filerCIK 0001523288
Filing Metadata
- Form type
- 4
- Filed
- Jan 11, 7:00 PM ET
- Accepted
- Jan 12, 4:30 PM ET
- Size
- 9.7 KB