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Magnera Corp (MAGN) director receives 12,998 restricted stock units grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Curless Michael S reported acquisition or exercise transactions in this Form 4 filing.

Magnera Corp director Michael S. Curless received a grant of 12,998 Restricted Stock Units (RSUs) on the reported date. These RSUs were awarded at a price of $0.00 per unit, reflecting an equity-based compensation award rather than an open-market purchase.

Following this grant, Curless beneficially owns 12,998 RSUs directly. According to the footnotes, this 2026 director grant vests in full and all restrictions lapse one year from the grant date, and the RSUs have no value until all restrictions lapse on the final vesting date.

Positive

  • None.

Negative

  • None.
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*
Curless Michael S

(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 Michael Curless 03/10/2026
** 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.

FAQ

What did Magnera Corp (MAGN) director Michael S. Curless report on this Form 4?

Michael S. Curless reported receiving a grant of 12,998 Restricted Stock Units (RSUs) from Magnera Corp. The award is an equity-based compensation grant, not an open-market stock purchase, and is held directly in his name after this transaction.

How many Magnera Corp (MAGN) RSUs were granted to Michael S. Curless?

Michael S. Curless was granted 12,998 Restricted Stock Units (RSUs). After this award, his directly held RSU balance became 12,998 units, indicating this filing reflects a new director grant rather than a sale or exchange of previously held equity.

Was this Magnera Corp (MAGN) Form 4 transaction a stock purchase or sale?

The Form 4 reports an acquisition of RSUs coded as a grant or award, not a stock purchase or sale. The transaction price is listed as $0.00 per unit, consistent with a compensatory equity award to a director of the company.

What are the vesting terms of Michael S. Curless’s 2026 RSU director grant at Magnera Corp (MAGN)?

The filing states the 2026 director grant vests in full and all restrictions lapse one year from the grant date. Footnotes also explain the RSUs have no value until all restrictions lapse on the final vesting date under the award terms.

How is Michael S. Curless’s ownership characterized after this Magnera Corp (MAGN) RSU grant?

After the grant, Michael S. Curless holds 12,998 RSUs with direct ownership. The ownership code is listed as “D,” indicating the RSUs are directly owned by him rather than through an indirect vehicle such as a trust, partnership, or family entity.
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