Director Salmon Tom receives 12,998 RSU grant at Magnera Corp (MAGN)
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Magnera Corp reported that director Salmon Tom received a grant of 12,998 Restricted Stock Units on the company’s common stock, par value $.01 per share. The grant is classified as a derivative award acquisition with no cash exercise price.
According to the disclosure, these 2026 director RSUs vest in full and all restrictions lapse one year from the grant date. The filing shows 12,998 RSUs outstanding following the transaction, and notes that the units have no value until all restrictions lapse on the final vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Salmon Tom
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 Salmon Tom?
Magnera Corp reported that director Salmon Tom received a grant of 12,998 Restricted Stock Units. The award is a derivative grant tied to common stock, with no cash exercise price and all units remaining outstanding after the transaction as disclosed.
How many Restricted Stock Units were granted to Magnera (MAGN) director Salmon Tom?
The filing shows a grant of 12,998 Restricted Stock Units to director Salmon Tom. These RSUs relate to Magnera’s common stock with a par value of $.01 per share and represent his entire reported derivative position following this transaction.
When do Salmon Tom’s 2026 director RSUs at Magnera (MAGN) vest?
The 2026 director Restricted Stock Unit grant to Salmon Tom vests in full one year from the grant date. All restrictions lapse at that time, and the units only have value once these restrictions have fully lapsed on the final vesting date described.
What does the Magnera (MAGN) Form 4 say about the value of the granted RSUs?
The disclosure notes that the Restricted Stock Units have no value until all restrictions lapse on the final vesting date. The transaction price per unit is listed as 0.0000, reflecting that this is a compensatory equity award rather than a cash purchase.
Are Salmon Tom’s Magnera (MAGN) RSUs held directly or indirectly?
The Form 4 classifies Salmon Tom’s ownership of the 12,998 Restricted Stock Units as direct. The ownership code is shown as “D,” and no footnote indicates that the units are held through a separate trust, partnership, or other related entity.
What underlying security do Salmon Tom’s RSUs at Magnera (MAGN) reference?
The granted Restricted Stock Units are linked to Magnera’s common stock with a par value of $.01 per share. Each RSU corresponds to an equivalent number of underlying common shares, with 12,998 underlying common shares tied to the reported RSU position.