Magnera Corp (MAGN) EVP and CAO Maile Erin granted 1,869 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Magnera Corp executive Maile Erin reported a new equity award of restricted stock units (RSUs). The Form 4 shows Erin, who serves as Executive Vice President and Chief Accounting Officer, holding 1,869 RSUs following a FY2026 grant tied to her appointment as Chief Accounting Officer.
The RSU grant vests in three equal installments: one-third on February 2, 2027, one-third on February 2, 2028, and one-third on February 2, 2029. All restrictions lapse and the award vests in full three years from the grant date, at which point the RSUs gain value.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Maile Erin
Role
EVP, CAO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 1,869 shares (Direct)
Footnotes (1)
- Not applicable to this transaction. RSUs have no value until all restrictions lapse on the final vesting date. Represents a FY2026 RSU grant awarded in connection with the reporting person's appointment to Chief Accounting Officer. This grant vests one-third 2/2/2027, one-third 2/2/2028 and one-third 2/2/2029. This grant vests in full, and all restrictions lapse, three years from the Grant Date.
FAQ
What insider transaction did Magnera Corp (MAGN) report for Maile Erin?
Magnera Corp reported Executive Vice President and Chief Accounting Officer Maile Erin holding 1,869 restricted stock units (RSUs) after a FY2026 equity grant. The filing reflects a stock-based compensation award, not an open-market share purchase or sale.
How many RSUs does Maile Erin hold at Magnera Corp (MAGN) after this filing?
After the reported transaction, Maile Erin beneficially owns 1,869 restricted stock units directly. These RSUs are part of a FY2026 equity grant connected to her appointment as Chief Accounting Officer and will vest over three years from the grant date.
What is the vesting schedule for Maile Erin’s FY2026 RSU grant at MAGN?
The FY2026 RSU grant to Maile Erin vests in three equal installments: one-third on February 2, 2027, one-third on February 2, 2028, and one-third on February 2, 2029, with all restrictions lapsing three years from the grant date.
Why did Maile Erin receive the 2026 RSU grant at Magnera Corp (MAGN)?
The filing states the FY2026 RSU grant was awarded in connection with Maile Erin’s appointment as Chief Accounting Officer. This ties the equity award to her executive role and responsibilities within Magnera Corp’s senior leadership team.
Do Maile Erin’s RSUs at MAGN have immediate cash value?
According to the disclosure, the RSUs have no value until all restrictions lapse on the final vesting date. They become economically meaningful as they vest and restrictions are removed over the three-year vesting period from the grant date.
Is Maile Erin’s RSU position at Magnera Corp held directly or indirectly?
The Form 4 indicates the 1,869 restricted stock units are held with direct ownership. There is no reference to trusts, LLCs, or other entities in the ownership description or the accompanying footnotes.