Short answer
MAGNITE, INC. (MGNI) filed an 8-K current report with the SEC on April 20, 2026 reporting Item 5.02 (Departure/Election of Directors or Officers), Item 7.01 (Regulation FD Disclosure), Item EX-99.1 (Exhibit EX-99.1). CFO David Day plans to retire from Magnite.
MAGNITE, INC. 8-K event analysis
AI summary of each reported item and its exhibits
Item 5.02 · Departure/Election of Directors or Officers
- CFO David Day plans to retire from Magnite
- CFO service continues through September 30, 2026
- Non-executive advisor role expected through May 31, 2027
- Extended transition period supports finance leadership continuity and orderly succession planning
Item 7.01 · Regulation FD Disclosure
- Forward-looking statements cover Magnite’s guidance and expected future financial performance
- Projections depend on assumptions and estimates, creating material execution and forecasting risk
- Investors directed to risk factors in the 2025 Form 10-K and subsequent Form 10-Q filings
- Company disclaims obligation to update projections unless legally required
Item EX-99.1 · Exhibit EX-99.1
- CFO David Day retiring; remains CFO through September 30, 2026, then special advisor through May 31, 2027
- Board launching internal and external CFO search, with Day participating in succession planning
- Leadership transition creates execution and investor-confidence risk after Day’s ten-year finance tenure
- Magnite reaffirmed Q1 and full-year 2026 expectations, reducing immediate guidance risk
- Day oversaw finance during the 2020 merger and SpotX and SpringServe acquisitions
Generated from the filing text and exhibits; verify against the original. What 8-K item codes mean
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