MGNI MAGNITE, INC.
Price Chart
Executive Summary
Director David T. Pearson filed Form 144 notice to sell 10,766 shares (~$168,500 at filing) on June 10, 2026. The shares were acquired via restricted stock vesting on June 5, 2026 and are being sold through Morgan Stanley. This is a routine sale to cover tax obligations from vesting, not an open-market bearish signal.
Actionable Insight
This Form 144 is a routine tax-motivated sell-to-cover from RSU vesting by a director. The dollar amount is negligible relative to market cap and the insider's likely total position. No reason to read through as a bearish signal. Monitor actual Form 4 filings for completion and to confirm no open-market sales pattern develops.
Key Facts
- Director David T. Pearson filed Form 144 for 10,766 shares on June 10, 2026
- Estimated value of proposed sale: $168,500.28
- Shares acquired as restricted stock from issuer on June 5, 2026
- Selling through Morgan Stanley Smith Barney LLC
- Previous sale (if any) filed on 03/09/2026
Financial Impact
~$168,500 or ~0.007% of MGNI's $2.3B market cap — immaterial
Risk Factors
- Insider could be signaling reduced conviction if this pattern escalates into larger sales by other officers
- If the stock is near a catalyst (earnings, lockup expiry), any insider selling draws more scrutiny
Market Snapshot
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001950047-26-005851 |
| Document: 0001950047-26-005851-index.html | 0001950047-26-005851 |
| Document: 0001950047-26-005851.txt | 0001950047-26-005851 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 11, 2026
1d ago
|
Institutional Cluster
| $15.69 awaiting T+1 | awaiting T+1 | — | $16.25 (+3.57%) |
|
Jun 11, 2026
2d ago
|
Insider Cluster
| $15.69 awaiting T+1 | awaiting T+1 | — | $16.25 (+3.57%) |
|
Jun 10, 2026
2d ago
|
144
| $15.69 awaiting T+1 | awaiting T+1 | — | $16.25 (+3.57%) |
|
Jun 4, 2026
9d ago
|
Press Release
| $14.86 $14.68 | ▼ −1.21% | ▲ +1.39% | $16.25 (+9.35%) |
|
Jun 3, 2026
10d ago
|
Press Release
| $14.45 $14.86 | ▲ +2.84% | ▲ +2.44% | $16.25 (+12.46%) |
|
Apr 21, 2026
7w ago
|
Press Release
| $13.08 $13.39 | ▲ +2.37% | ▲ +1.35% | $16.25 (+24.24%) |
|
Apr 20, 2026
7w ago
|
8-K
| $13.08 $13.39 | ▲ +2.37% | ▲ +1.35% | $16.25 (+24.24%) |
|
Apr 10, 2026
9w ago
|
8-K
| $12.09 $12.46 | ▲ +3.06% | ▲ +1.85% | $16.25 (+34.41%) |
|
Apr 6, 2026
9w ago
|
Press Release
| $12.16 $12.05 | ▼ −0.90% | ▼ −0.97% | $16.25 (+33.63%) |
|
Mar 11, 2026
13w ago
|
Press Release
| $12.29 $11.88 | ▼ −3.34% | ▼ −2.74% | $16.25 (+32.22%) |
US Market Status
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