Magnera director awarded 12,998 restricted stock units
Brown Bruce reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Brown Bruce reported acquisition or exercise transactions in this Form 4 filing.
Magnera Corp director Bruce Brown received a grant of 12,998 restricted stock units (RSUs). The RSUs were awarded on March 9, 2026 at a price of $0.00 per unit, reflecting a non-cash equity award rather than an open-market purchase.
According to the terms, this 2026 director grant vests in full and all restrictions lapse one year from the grant date. The footnotes state that these RSUs have no value until all restrictions lapse on the final vesting date, meaning their economic benefit depends on future vesting.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 12,998 | $0.00 | $0.00 |
Footnotes (2)
- F1. Not applicable to this transaction. RSUs have no value until all restrictions lapse on the final vesting date.
- F2. This 2026 Director grant vests in full and all restrictions lapse one year from the Grant Date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Magnera Corp (MAGN) director Bruce Brown report on this Form 4?
How many restricted stock units did Magnera Corp (MAGN) grant to Bruce Brown?
When do Bruce Brown’s 2026 Magnera (MAGN) director RSUs vest?
Do Bruce Brown’s Magnera (MAGN) RSUs have immediate value at grant?
Is Bruce Brown’s Magnera (MAGN) RSU award a purchase or compensation grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.