Magnera Corp (MAGN) director awarded 12,998 restricted stock units in 2026 grant
Filing Impact
Filing Sentiment
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.
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 | 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 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.