Director at Magnera (MAGN) receives 12,998 RSU equity grant

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.

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

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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^*

Brown Bruce

(Last) (First) (Middle)

9335 HARRIS CORNERS PKWY

SUITE 300

(Street)

CHARLOTTE NC 28269

(City) (State) (Zip)

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
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026

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

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

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

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

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	(1)	03/09/2026		A		12,998		03/09/2027(2)	03/09/2027	Common Stock, Par Value $.01	12,998	$0	12,998	D

Explanation of Responses:

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

2. This 2026 Director grant vests in full and all restrictions lapse one year from the Grant Date.

	/s/ Laura A. Jones, attorney-in-fact for Bruce Brown	03/10/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What did Magnera Corp (MAGN) director Bruce Brown report on this Form 4?

Bruce Brown reported receiving a grant of 12,998 restricted stock units from Magnera Corp. The units were awarded at a price of $0.00 per unit as a non-cash equity grant and represent an acquisition of derivative securities rather than an open-market stock purchase.

How many restricted stock units did Magnera Corp (MAGN) grant to Bruce Brown?

Magnera Corp granted Bruce Brown 12,998 restricted stock units. This award is recorded as a derivative security transaction, with all 12,998 RSUs reported as directly owned following the transaction, reflecting a single equity grant to the company’s director on the stated grant date.

When do Bruce Brown’s 2026 Magnera (MAGN) director RSUs vest?

The 2026 director restricted stock unit grant to Bruce Brown vests in full one year from the grant date. All restrictions lapse at that time, meaning the RSUs become fully vested on the one-year anniversary, subject to the conditions described in the award’s vesting schedule.

Do Bruce Brown’s Magnera (MAGN) RSUs have immediate value at grant?

The RSUs do not have value until all restrictions lapse on the final vesting date. The footnotes explain that, although 12,998 RSUs were granted, their economic value to Bruce Brown depends on satisfying the vesting conditions over the specified one-year period.

Is Bruce Brown’s Magnera (MAGN) RSU award a purchase or compensation grant?

Bruce Brown’s RSU award is characterized as a grant or award acquisition, not a market purchase. The Form 4 uses transaction code “A” for grant, and the RSUs were issued at $0.00 per unit, indicating compensation-related equity rather than shares bought in the market.