Magnera CEO Curt Begle converts grant into 18,209 shares

The FY2025 annual RSU grant vests in three installments: one-third on November 4, 2025, one-third on November 4, 2026 and one-third on November 4, 2027.

Available on EDGAR 11/06/2026 - 02:25 PM EST Accepted by SEC EDGAR 11/06/2026 - 02:24 PM EST Learn about SEC filing dates

Rhea-AI Filing Summary

Magnera Corp (MAGN) President & CEO and director Curt Begle reported conversion of 18,209 restricted stock units into 18,209 common shares on November 4, 2026. His direct common-stock holdings afterward were 36,417 shares, and his reported post-transaction restricted-stock-unit position was 18,214. Indirect holdings reported for November 4, 2026 were 3,083 shares in The Curtis L. Begle 2022 Grantor Retained Annuity Trust, 44,341 shares in The Curtis L. Begle Living Trust and 2,576 shares in The Crue Meisler Begle Trust.

Insider Trade Summary

18,209 shares exercised/converted

Exercise 2 txns

Insider Begle Curt

Role President & CEO

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units F4, F5	18,209	$0.00	$0.00
Exercise	Common Stock, Par Value $.01	18,209	$12.11	$221K
Holding	Common Stock, Par Value $.01 F1	--	--	--
Holding	Common Stock, Par Value $.01 F2	--	--	--
Holding	Common Stock, Par Value $.01 F3	--	--	--

Holdings After Transaction: Restricted Stock Units — 18,214 contracts (Direct); Common Stock, Par Value $.01 — 36,417 shares (Direct); Common Stock, Par Value $.01 — 3,083 shares (Indirect, The Curtis L. Begle 2022 GRAT); Common Stock, Par Value $.01 — 44,341 shares (Indirect, The Curtis L. Begle Living Trust); Common Stock, Par Value $.01 — 2,576 shares (Indirect, The Crue Meisler Begle Trust)

Footnotes (5)

1. F1. Represents shares of Issuer common stock held by The Curtis L. Begle 2022 Grantor Retained Annuity Trust, of which The Crue Meisler Begle Trust is beneficiary. The reporting person serves as trustee of The Curtis Begle GRAT 2022.
2. F2. Represents shares of Issuer common stock held by The Curtis L. Begle Living Trust, of which the reporting person is beneficiary. The reporting person serves as trustee of The Curtis L. Begle Living Trust.
3. F3. Represents shares of Issuer common stock held by The Crue Meisler Begle Trust, of which the reporting person's minor child is beneficiary. The reporting person serves as trustee of The Crue Meisler Begle Trust.
4. F4. Not applicable to this transaction. RSUs have no value until all restrictions lapse on the final vesting date.
5. F5. This FY2025 Annual RSU grant vests one-third 11/4/2025, one-third 11/4/2026 and one-third 11/4/2027. This grant vests in full, and all restrictions lapse, three years from the Grant Date.

Key Figures

Restricted stock units converted: 18,209 restricted stock units Common shares acquired: 18,209 shares Direct common shares after transaction: 36,417 shares +4 more

7 metrics

Restricted stock units converted 18,209 restricted stock units November 4, 2026

Common shares acquired 18,209 shares November 4, 2026

Direct common shares after transaction 36,417 shares Curt Begle’s reported position after the November 4, 2026 transaction

Restricted stock units after transaction 18,214 restricted stock units Curt Begle’s reported position after the November 4, 2026 transaction

The Curtis L. Begle 2022 Grantor Retained Annuity Trust shares 3,083 shares Indirect holding reported for November 4, 2026

The Curtis L. Begle Living Trust shares 44,341 shares Indirect holding reported for November 4, 2026

The Crue Meisler Begle Trust shares 2,576 shares Indirect holding reported for November 4, 2026

Key Terms

Restricted Stock Units, vesting, Grantor Retained Annuity Trust

3 terms

Restricted Stock Units technical

"RSUs have no value until all restrictions lapse on the final vesting date"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

vesting technical

"This grant vests in full, and all restrictions lapse"

Vesting is the process by which you earn full ownership of something, like company stock or a retirement benefit, over time. It’s like earning the right to keep a gift piece by piece the longer you stay with a company, making sure employees stay committed before they receive all the benefits.

Grantor Retained Annuity Trust financial

"The Curtis L. Begle 2022 Grantor Retained Annuity Trust"

A grantor retained annuity trust (GRAT) is an estate-planning tool where the person who creates the trust transfers assets into it but receives fixed cash payments (an annuity) from the trust for a set number of years; whatever remains after that term passes to designated beneficiaries. It matters to investors because it can shift future appreciation of assets out of the creator’s taxable estate—like putting an asset into a timed vending machine that pays you fixed amounts while any extra value that grows inside the machine goes to heirs with reduced gift or estate tax consequences.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How many MAGN shares did Curt Begle receive from restricted stock units?

Curt Begle reported conversion of 18,209 restricted stock units into 18,209 common shares on November 4, 2026. His direct common-stock holdings afterward were 36,417 shares.

When does Curt Begle’s FY2025 annual RSU grant vest?

The grant vests one-third on November 4, 2025, November 4, 2026 and November 4, 2027. It vests in full, and all restrictions lapse, three years from the Grant Date.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

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SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Begle Curt

(Last) (First) (Middle)

9335 HARRIS CORNERS PKWY

SUITE 300

(Street)

CHARLOTTE NORTH CAROLINA 28269

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Magnera Corp [ MAGN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President & CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
11/04/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, Par Value $.01	11/04/2026		M		18,209	A	$12.11	36,417	D
Common Stock, Par Value $.01								3,083	I	The Curtis L. Begle 2022 GRAT(1)
Common Stock, Par Value $.01								44,341	I	The Curtis L. Begle Living Trust(2)
Common Stock, Par Value $.01								2,576	I	The Crue Meisler Begle Trust(3)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(4)	11/04/2026		M			18,209	11/04/2025(5)	11/04/2027	Common Stock, Par Value $.01	18,209	$0	18,214	D

Explanation of Responses:

1. Represents shares of Issuer common stock held by The Curtis L. Begle 2022 Grantor Retained Annuity Trust, of which The Crue Meisler Begle Trust is beneficiary. The reporting person serves as trustee of The Curtis Begle GRAT 2022.

2. Represents shares of Issuer common stock held by The Curtis L. Begle Living Trust, of which the reporting person is beneficiary. The reporting person serves as trustee of The Curtis L. Begle Living Trust.

3. Represents shares of Issuer common stock held by The Crue Meisler Begle Trust, of which the reporting person's minor child is beneficiary. The reporting person serves as trustee of The Crue Meisler Begle Trust.

4. Not applicable to this transaction. RSUs have no value until all restrictions lapse on the final vesting date.

5. This FY2025 Annual RSU grant vests one-third 11/4/2025, one-third 11/4/2026 and one-third 11/4/2027. This grant vests in full, and all restrictions lapse, three years from the Grant Date.

	/s/ Laura A. Jones, attorney-in-fact for Curt Begle	11/06/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)