MAGN Form 4 shows Mary Hall 5,871 RSU director award
Rhea-AI Filing Summary
Magnera Corp (MAGN) reported that director Mary Hall received a grant of 5,871 restricted stock units (RSUs) on 11/14/2025. These RSUs have an exercise price of $0 and are scheduled to vest in full on 11/14/2026, one year from the grant date. Following this grant, she beneficially owns 5,871 derivative securities in the form of RSUs, held directly.
The company explains that this award is a 2025 Prorated Director Award, intended to align the director equity schedule with the timing of the Annual Shareholder Meeting. 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, when directors who are reelected are expected to receive a full 2026 Annual Director Award.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 5,871 | $0.00 | -- |
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 transaction did Magnera Corp (MAGN) disclose for director Mary Hall?
How many Magnera Corp RSUs does Mary Hall own after this Form 4 transaction?
When do Mary Hall's newly granted Magnera Corp RSUs vest?
What is the exercise or conversion price of Mary Hall's Magnera Corp RSUs?
Why is Mary Hall's Magnera Corp RSU grant described as a prorated director award?
What role does Mary Hall hold at Magnera Corp according to this Form 4?