MAGN insider converts 7,125 RSUs to stock; stake at 83,622

Rhea-AI Filing Summary

Magnera Corp (MAGN) reported an insider equity change. Director Thomas Fahnemann settled 7,125 restricted stock units into common stock on 11/04/2025 (transaction code M). The filing lists a $8.53 price for the acquired common shares. Following the transaction, he directly owns 83,622 shares.

The derivative line shows 7,125 RSUs converted into the same number of common shares at $0 for the derivative security, with no RSUs remaining after the event. The FY2025 director grant vests in full one year from the grant date.

Insider Trade Summary

7,125 shares exercised/converted

Mixed 2 txns

Insider Fahnemann Thomas

Role Director

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	7,125	$0.00	--
Exercise	Common Stock, Par Value $.01	7,125	$8.53	$61K

Holdings After Transaction: Restricted Stock Units — 0 shares (Direct); Common Stock, Par Value $.01 — 83,622 shares (Direct)

Footnotes (1)

1. Not applicable to this transaction. RSUs have no value until all restrictions lapse on the final vesting date. This FY2025 Director grant vests in full and all restrictions lapse one year from the Grant Date.

Form 4 Insider Transactions: What Each Field Means →

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^*

Fahnemann Thomas

(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)
11/04/2025

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
Common Stock, Par Value $.01	11/04/2025		M		7,125	A	$8.53	83,622	D

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)	11/04/2025		M			7,125	11/04/2025(2)	11/04/2025	Common Stock, Par Value $.01	7,125	$0	0	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 FY2025 Director grant vests in full and all restrictions lapse one year from the Grant Date.

	/s/ Laura A. Jones, attorney-in-fact for Thomas Fahnemann	11/06/2025
	** 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.

FAQ

What insider transaction did MAGN report?

Director Thomas Fahnemann converted 7,125 RSUs into common stock on 11/04/2025 (code M).

How many Magnera (MAGN) shares does the insider own after the transaction?

He directly owns 83,622 shares after the reported transaction.

What was the listed price associated with the acquired MAGN shares?

The filing lists a price of $8.53 for the common stock entry.

What derivative securities were involved?

Restricted stock units (RSUs) totaling 7,125, converted into the same number of common shares at a derivative price of $0.

What is the vesting detail for the FY2025 director grant?

It vests in full and all restrictions lapse one year from the grant date.

What was the Form 4 transaction code?

Transaction code M, indicating a conversion or exercise of a derivative security.