Form 4: Thomas Salmon holds 9,501 direct, 35,289 indirect MAGN
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Magnera Corp (MAGN) director Thomas E. Salmon reported acquiring 9,501 shares of common stock on 11/04/2025 through an RSU-related transaction coded M.
Following the transaction, he holds 9,501 shares directly and 35,289 shares indirectly via The Thomas E. Salmon Revocable Living Trust. The common stock line lists a price of $8.53, while the derivative RSU entry shows a price of $0 and a remaining balance of 0 derivative securities.
Positive
- None.
Negative
- None.
Insider Trade Summary
9,501 shares exercised/converted
Mixed
3 txns
Insider
Salmon Tom
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 |
| holding | Common Stock, Par Value $.01 | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct);
Common Stock, Par Value $.01 — 9,501 shares (Direct);
Common Stock, Par Value $.01 — 35,289 shares (Indirect, The Thomas E. Salmon Revocable Living Trust)
Footnotes (1)
- Represents shares of Issuer common stock held by The Thomas E. Salmon Revocable Living Trust, of which the reporting person and his wife are beneficiaries and serve as trustees. 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 MAGN director Thomas Salmon report on Form 4?
He reported acquiring 9,501 shares of Magnera Corp common stock on 11/04/2025 via a transaction coded M related to RSUs.
What prices are shown for the RSU and common stock entries?
The common stock entry lists $8.53; the derivative RSU entry lists $0 and shows 0 derivatives remaining.
What does transaction code M indicate in this context?
Code M denotes a conversion or exercise of a derivative security, here tied to restricted stock units (RSUs).
When do the FY2025 director RSUs vest?
The filing states the FY2025 director grant vests in full and all restrictions lapse one year from the Grant Date.