Director at Magnera Corp (MAGN) granted 12,998 RSUs in 2026 award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Magnera Corp director Samantha J. Marnick received a grant of 12,998 Restricted Stock Units (RSUs) on the reported grant date. These RSUs were acquired at a price of $0.00 per unit as a director equity award and are held as direct ownership.
According to the footnotes, this 2026 director grant vests in full and all restrictions lapse one year from the grant date. The RSUs have no value until all restrictions lapse on the final vesting date, meaning their benefit depends on future vesting and the company’s share value at that time.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Marnick Samantha J.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 12,998 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 12,998 shares (Direct)
Footnotes (1)
- Not applicable to this transaction. RSUs have no value until all restrictions lapse on the final vesting date. This 2026 Director grant vests in full and all restrictions lapse one year from the Grant Date.
FAQ
What insider transaction did Magnera Corp (MAGN) report for Samantha J. Marnick?
Magnera Corp reported that director Samantha J. Marnick received a grant of 12,998 Restricted Stock Units. The units were awarded at a price of $0.00 per unit as a director equity grant and are held as direct ownership, subject to future vesting conditions.
How many Restricted Stock Units were granted in this Magnera Corp (MAGN) Form 4?
The Form 4 shows a grant of 12,998 Restricted Stock Units to director Samantha J. Marnick. All 12,998 units are reported as directly owned following the transaction, reflecting a single equity award rather than multiple separate transactions on the grant date.
When do the granted RSUs for Magnera Corp (MAGN) director vest?
The 2026 director grant of 12,998 RSUs vests in full one year from the grant date. All restrictions lapse at that time, meaning the RSUs only become meaningful once the one-year vesting period has passed and the restrictions are fully removed.
Do the Magnera Corp (MAGN) RSUs granted have value immediately?
The footnotes state the RSUs have no value until all restrictions lapse on the final vesting date. This means the 12,998 units granted to the director only gain practical value once vesting is complete and the restrictions have fully expired.
Is the Magnera Corp (MAGN) RSU award a direct or indirect holding?
The Form 4 identifies the 12,998 Restricted Stock Units as directly owned by the reporting person. The ownership code is listed as direct, and the filing does not indicate any intermediary entities such as trusts, partnerships, or LLCs holding the award.