Magnera CFO James Till converts grant to 4,750 shares
The FY2025 annual RSU grant vests in thirds on November 4, 2025, November 4, 2026 and November 4, 2027; all restrictions lapse three years from the grant date.
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Rhea-AI Filing Summary
Magnera Corp's EVP, CFO & Treasurer James Till reported conversion of 4,750 restricted stock units into 4,750 common shares on November 4, 2026, at $12.66 per share. The transaction also included 1,352 common shares withheld to satisfy tax obligations; the reported RSU position afterward was 4,752. No Rule 10b5-1 plan is reported.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units F2, F3 | 4,750 | $0.00 | $0.00 |
| Exercise | Common Stock, Par Value $.01 | 4,750 | $12.66 | $60K |
| Tax Withholding | Common Stock, Par Value $.01 F1 | 1,352 | $12.66 | $17K |
Footnotes (3)
- F1. Represents shares being withheld to satisfy tax obligations.
- F2. Not applicable to this transaction. RSUs have no value until all restrictions lapse on the final vesting date.
- F3. This FY2025 Annual RSU grant vests one-third 11/4/2025, one-third 11/4/2026 and one-third 11/4/2027. This grant vests in full, and all restrictions lapse, three years from the Grant Date.
Key Figures
Key Terms
Restricted Stock Units technical
vesting financial
tax obligations financial
FAQ
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What was the vesting schedule for MAGN's FY2025 annual RSU grant?
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