Sean Patrick Buckley, an officer at Magnite, Inc., has disposed of 10,991 shares of the company's common stock on November 5, 2026. This transaction is significant as it indicates the ongoing management of stock holdings by company executives.

Magnite, Inc. operates in the services-computer programming sector and is known for its role in digital advertising technology. The company, which was previously known as Rubicon Project, Inc., has been active in the market, and this recent filing is part of a series of transactions by Buckley.

According to the filing (accession number 0001865116-26-000011), the transaction was executed under a Rule 10b5-1 trading plan that Buckley adopted on September 10, 2025. Following this sale, Buckley now holds 282,069 shares of Magnite, Inc.

This action may affect other executives and stakeholders within Magnite as well as competitors in the digital advertising space, who may observe similar trends in stock management among their leadership. As the industry evolves, such transactions could reflect broader strategies within the sector.

The filing does not specify what happens next regarding Buckley's future transactions or any upcoming plans.

Transaction Details

In this recent transaction, Buckley disposed of 10,991 shares at a price of $27 per share, which indicates a total transaction value of approximately $296,757. This sale was executed under a Rule 10b5-1 trading plan, which allows for pre-scheduled stock trades to mitigate the risk of insider trading allegations.

Following this sale, Buckley retains a significant holding of 282,069 shares in Magnite, Inc., reflecting his continued investment in the company’s future. His role as President of Revenue & Market Strategy highlights his influence on the company's strategic direction and market positioning.

"The reported transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 10, 2025."

Company Overview

Magnite, Inc. is incorporated in Delaware and operates within the services-computer programming sector, specifically focusing on digital advertising technology. The company's fiscal year ends on December 31, and it has undergone a name change from Rubicon Project, Inc. to Magnite, Inc. on January 6, 2014. This evolution signifies the company's growth and adaptation in a rapidly changing industry.

As a publicly traded entity, Magnite is subject to the regulations of the SEC, and this filing is part of its compliance with the 1934 Act, ensuring transparency in its operations and executive transactions.

While this filing provides insight into Buckley’s recent stock transactions, it does not include specific information regarding any future plans for stock purchases or sales, nor does it detail the overall performance of Magnite, Inc. in the current market environment.