Magnera Corp Form 4 shows 5,871 RSU prorated director award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Magnera Corp director equity award reported
A Magnera Corp (MAGN) director filed a Form 4 disclosing a grant of 5,871 restricted stock units (RSUs) on 11/14/2025. The RSUs were granted at a price of $0 and are scheduled to vest in full one year from the grant date, on 11/14/2026, as part of a 2025 prorated director equity award.
The company explains that this grant is intended to align the director equity schedule with the timing of the Annual Shareholder Meeting. It represents a prorated value of the Annual Director Award for the period between the 2024 RSU lapse reported on November 4, 2025 and the 2026 Annual Shareholder Meeting, when directors who are reelected are expected to receive a full 2026 Annual Director Award.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
RICKERTSEN CARL J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 5,871 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 5,871 shares (Direct)
Footnotes (1)
- Not applicable to this transaction. RSUs have no value until all restrictions lapse on the final vesting date. To align the director equity schedule with the Annual Shareholders Meeting moving forward, this grant represents a prorated value of the Annual Director Award for the period between the 2024 RSU lapse reported on November 4, 2025 and the Annual Shareholder Meeting in 2026, at which time directors will be granted a full 2026 Annual Director Award upon their reelection. This 2025 Prorated Director Award vests in full one year from the grant date.
FAQ
What insider transaction did Magnera Corp (MAGN) report in this Form 4?
A Magnera Corp (MAGN) director reported receiving 5,871 restricted stock units (RSUs) on 11/14/2025 as an equity award, with no cash price paid for the grant.
What type of security was granted in the Magnera Corp (MAGN) Form 4 filing?
The filing reports a grant of restricted stock units (RSUs), each representing the right to receive one share of Magnera Corp common stock, par value $0.01, upon vesting.
When do the reported Magnera Corp (MAGN) RSUs vest?
The 5,871 RSUs reported in the Form 4 are part of a 2025 Prorated Director Award that vests in full one year from the grant date, on 11/14/2026.
Why was the Magnera Corp (MAGN) director grant described as a prorated award?
The company states that the grant represents a prorated value of the Annual Director Award for the period between the 2024 RSU lapse reported on November 4, 2025 and the 2026 Annual Shareholder Meeting, to align the director equity schedule with that meeting.
Does the director pay anything for the Magnera Corp (MAGN) restricted stock units?
The RSUs were granted at a price of $0, meaning the director is not required to pay a purchase price for the 5,871 RSUs reported.
What is the reporting person’s relationship to Magnera Corp (MAGN) in this Form 4?
The Form 4 identifies the reporting person as a director of Magnera Corp, filing individually rather than as part of a group.