Magna (NYSE: MGA) Form 144 lists 29,868-share sale and option exercise
Filing Impact
Filing Sentiment
Form Type
144
Rhea-AI Filing Summary
Magna International Inc. filing reports a Form 144 related to common stock sales. The filing lists a sale of 29,868 common shares on 02/20/2026 with proceeds of $1,949,442.76. The form also notes securities to be sold following an option exercise dated 02/25/2026 tied to 2025 NQO Options. The broker listed is J.P. Morgan Securities LLC.
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FAQ
What does Magna (MGA) disclose in this Form 144?
The filing discloses a reported sale of 29,868 common shares on 02/20/2026 and notes shares to be sold after an option exercise dated 02/25/2026.
Who is the broker listed on the Magna Form 144?
The broker identified is J.P. Morgan Securities LLC, with an address at 270 Park Ave, 10th Floor, New York, NY, as shown in the filing.
How much proceeds were reported from the recent sale on the filing?
Proceeds reported for the sale of 29,868 shares on 02/20/2026 are $1,949,442.76, as stated in the Form 144 excerpt.
Does the filing state the reason for the sale in the Form 144?
The excerpt shows the sale follows an option exercise entry and references 2025 NQO Options, but it does not provide further explanatory detail in the provided text.
Which dates are relevant in Magna's Form 144 excerpt?
Key dates shown are the sale date 02/20/2026 for 29,868 shares and an option-exercise date 02/25/2026 linked to the 2025 NQO Options.