Magnera EVP exercises RSUs, withholds shares for tax
Magnera Corp executive Jill L. Urey, EVP, General Counsel and Corporate Secretary, reported routine equity compensation activity.
Rhea-AI Filing Summary
Magnera Corp executive Jill L. Urey, EVP, General Counsel and Corporate Secretary, reported routine equity compensation activity. On February 24, 2026, she exercised 205 restricted stock units, converting them into an equal number of common shares at $13.03 per share.
To cover tax obligations related to this vesting, 68 common shares were disposed of through a tax-withholding transaction, rather than an open-market sale. After these transactions, Urey directly owned 4,084 shares of Magnera common stock. The RSUs were part of a 2023 long-term incentive grant that vested in three annual installments.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 205 | $0.00 | $0.00 |
| Exercise | Common Stock, Par Value $.01 | 205 | $13.03 | $3K |
| Exercise Price or Tax Liability | Common Stock, Par Value $.01 | 68 | $13.03 | $886.04 |
Footnotes (2)
- F1. Not applicable to this transaction. RSUs have no value until all restrictions lapse on the final vesting date.
- F2. This 2023 RSU LTIP grant vests one-third 02/24/2024, one-third 02/24/2025 and one-third 02/24/2026.
FAQ
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What insider transactions did Magnera Corp (MAGN) report for Jill L. Urey?
What type of equity award did Jill L. Urey exercise at Magnera Corp (MAGN)?
What is the vesting schedule of Jill L. Urey’s 2023 RSU grant at Magnera (MAGN)?
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