Buckley Sean Patrick sold $270K of MGNI

Buckley Sean Patrick (See Remarks) sold 11,030 shares of MAGNITE, INC. (MGNI) at an average of $24.48 ($24.31–$25.00, $0.27M total) across 2 trades over 2026-08-17 to 2026-08-18 under a Rule 10b5-1 trading plan.

Original reporting
SEC EDGAR · Buckley Sean Patrick
Published Aug 18, 2026, 8:14 PM UTC
Analysis
AlphAI AI DeskAI-generated
Added to AlphAI Aug 18, 2026, 8:41 PM UTC. Informational, not investment advice.
How this was made
AlphAI summarizes source reporting and applies a structured AI analysis for relevance, timing, sentiment and ticker impact. Always verify material claims with the original publisher.
AlphAI market briefInsider activity
Primary signal
$MGNI
Neutral
high confidence
Mentioned
$MGNI
Relevance
3/10
AlphAI data visualization · based on SEC EDGAR
Decision brief

The 30-second read

$MGNINeutralLow
01

Why it matters

The disclosure updates the record of insider activity, but it does not introduce new company fundamentals or forward-looking guidance.

02

Market read

MGNI receives a fresh insider-sale datapoint, but the 10b5-1 framing reduces the likelihood of a material repricing catalyst.

03

What to watch

Traders may over-weight insider sales; without concurrent guidance, contract, or earnings changes, the informational content is limited.

Relevance 3/10Novelty 3/10Timing: filed 2026-08-18, covering sales on 2026-08-17 to 2026-08-18

Background

The article is an SEC Form 4 insider transaction for Magnite, Inc. (MGNI) filed on 2026-08-18.

Company-level read

Ticker impact

$MGNINeutralHigh confidence
Context

Magnite Form 4 shows officer Buckley Sean Patrick sold 11,030 shares in open-market trades for about $270,043 under a 10b5-1 plan.

Expected impact

Likely limited, with any impact more sentiment-driven than fundamental.

Evidence & confidence

The filing is an SEC Form 4 insider transaction with a pre-arranged 10b5-1 plan; the article provides no accompanying operational, financial, or regulatory change.

Market effects

No sector-wide signal; this is company-specific insider trading disclosure.

None indicated.

None indicated.

Counterpoint

Because the sale is explicitly under a 10b5-1 plan, it may reflect scheduled liquidity needs rather than bearish expectations.

Key entities

  • MAGNITE, INC.

    Subject of the Form 4 insider sale disclosure.

  • Buckley Sean Patrick

    Officer who executed open-market sales under a pre-arranged 10b5-1 plan.

Full insider trading history

This story covers one filing. See everything behind it: every insider buy and sell on record, 10b5-1 plans, late filings, and which officers and directors are trading.

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