MAGN Form 4: 9,501 RSUs settled at $8.53; holdings 50,807
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Magnera Corp (MAGN) reported a Form 4 for a director reflecting the conversion of restricted stock units into common shares. On 11/04/2025, 9,501 shares of common stock were acquired (Code M) at a reported price of $8.53 per share, following the settlement of 9,501 RSUs at a derivative price of $0. After this transaction, the director directly owned 50,807 shares.
The filing notes that RSUs have no value until restrictions lapse and that the FY2025 Director grant vests in full and all restrictions lapse one year from the Grant Date.
Positive
- None.
Negative
- None.
Insider Trade Summary
9,501 shares exercised/converted
Mixed
2 txns
Insider
RICKERTSEN CARL J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 9,501 | $0.00 | -- |
| Exercise | Common Stock, Par Value $.01 | 9,501 | $8.53 | $81K |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock, Par Value $.01 — 50,807 shares (Direct)
Footnotes (1)
- Not applicable to this transaction. RSUs have no value until all restrictions lapse on the final vesting date. This FY2025 Director grant vests in full and all restrictions lapse one year from the Grant Date.
FAQ
What did Magnera Corp (MAGN) disclose in this Form 4?
A director acquired 9,501 shares of common stock on 11/04/2025 via RSU settlement (Code M), bringing direct ownership to 50,807 shares.
How many RSUs were settled and at what price?
The director settled 9,501 RSUs at a derivative price of $0, resulting in the acquisition of 9,501 common shares.
What is the director’s ownership in MAGN after the transaction?
Following the transaction, the director directly owned 50,807 common shares.
What does the filing say about the RSU vesting terms?
It states the FY2025 Director grant vests in full and all restrictions lapse one year from the Grant Date.
What does Transaction Code M indicate on a Form 4?
Code M indicates the exercise or conversion of a derivative security, here the settlement of RSUs into common stock.