Magnera director awarded 12,998 RSUs
Curless Michael S reported acquisition or exercise transactions in this Form 4 filing.
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.
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 Michael S. Curless report on this Form 4?
How many Magnera Corp (MAGN) RSUs were granted to Michael S. Curless?
Was this Magnera Corp (MAGN) Form 4 transaction a stock purchase or sale?
What are the vesting terms of Michael S. Curless’s 2026 RSU director grant at Magnera Corp (MAGN)?
How is Michael S. Curless’s ownership characterized after this Magnera Corp (MAGN) RSU grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.