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Magnera Corp (MAGN) director awarded 12,998 restricted stock units in 2026 grant

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

RICKERTSEN CARL J reported acquisition or exercise transactions in this Form 4 filing.

Magnera Corp director Carl J. Rickertsen received a grant of 12,998 restricted stock units (RSUs), representing the right to receive an equal number of shares of common stock. The RSUs were awarded at a price of $0.00 per unit as a 2026 director grant.

According to the terms, this grant vests in full and all restrictions lapse one year from the grant date on March 9, 2027. The RSUs have no value until all restrictions lapse on the final vesting date, so their actual benefit depends on future vesting and the company’s share price at that time.

Positive

  • None.

Negative

  • None.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
RICKERTSEN CARL J

(Last) (First) (Middle)
9335 HARRIS CORNERS PKWY
SUITE 300

(Street)
CHARLOTTE NC 28269

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Magnera Corp [ MAGN ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Restricted Stock Units (1) 03/09/2026 A 12,998 03/09/2027(2) 03/09/2027 Common Stock, Par Value $.01 12,998 $0 12,998 D
Explanation of Responses:
1. Not applicable to this transaction. RSUs have no value until all restrictions lapse on the final vesting date.
2. This 2026 Director grant vests in full and all restrictions lapse one year from the Grant Date.
/s/ Laura A. Jones, attorney-in-fact for Carl J. Rickertsen 03/10/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Magnera Corp (MAGN) report for Carl J. Rickertsen?

Magnera Corp reported that director Carl J. Rickertsen received a grant of 12,998 restricted stock units. These RSUs represent potential future shares of common stock, awarded as part of his 2026 director compensation, with no cash paid for the units at grant.

How many restricted stock units were granted to the Magnera Corp (MAGN) director?

Carl J. Rickertsen was granted 12,998 restricted stock units. Each RSU corresponds to one share of Magnera common stock, giving him a contingent right to receive 12,998 shares if the vesting conditions are satisfied after the specified one-year period.

When do the newly granted Magnera Corp (MAGN) RSUs vest?

The 2026 director grant of RSUs vests in full one year from the grant date. All restrictions lapse on March 9, 2027, meaning the director can receive the underlying shares only after this vesting date is reached under the award terms.

Do the Magnera Corp (MAGN) RSUs have value immediately upon grant?

The RSUs have no value until all restrictions lapse on the final vesting date. Their economic value depends on Magnera Corp’s stock price when vesting occurs, since each vested unit converts into a share of common stock at that time.

Is this Magnera Corp (MAGN) Form 4 transaction a stock purchase or sale?

This Form 4 reports an acquisition of 12,998 restricted stock units through a grant or award, not an open-market purchase or sale. The director did not pay cash for the units, and no shares were sold in this reported transaction.

How does the RSU grant affect the director’s holdings in Magnera Corp (MAGN)?

Following the grant, the director holds 12,998 restricted stock units related to Magnera common stock. These units are a derivative position that may convert into 12,998 shares after vesting on March 9, 2027, depending on satisfaction of the grant’s restrictions.
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