---
schema_version: "secwatch.filing_event.v1"
accession: "0001595974-26-000013"
form_type: "8-K"
ticker: "MGNI"
cik: "0001595974"
company_name: "MAGNITE, INC."
filed_at: "2026-04-10T23:59:59+00:00"
generated_at: "2026-05-15T06:40:46.408794+00:00"
event_type: "leadership"
sentiment: "negative"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Magnite CPO Adam Soroca to step down effective April 8, 2026; to serve as advisor through May 15

## Summary
- Adam Soroca ceases as Chief Product Officer effective April 8, 2026.
- He will remain employed as an advisor through May 15, 2026.
- Severance benefits payable per the Executive Severance and Vesting Acceleration Agreement.
- No replacement named; transition details from April 16, 2025 proxy cited.

## SEC filing metadata
- accession: 0001595974-26-000013
- form_type: 8-K
- ticker: MGNI
- cik: 0001595974
- company_name: MAGNITE, INC.
- filed_at: 2026-04-10T23:59:59+00:00
- event_type: leadership
- sentiment: negative
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1595974/000159597426000013/0001595974-26-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1595974/000159597426000013/mgni-20260407.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001595974-26-000013
- JSON: https://secwatch.observer/filing/0001595974-26-000013.json
- Plain text: https://secwatch.observer/filing/0001595974-26-000013.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.