Magnera (MAGN) Form 4: 9,501 shares acquired; 21,533 direct
Magnera Corp (MAGN) director Bruce Brown reported an equity award settlement.
Rhea-AI Filing Summary
Magnera Corp (MAGN) director Bruce Brown reported an equity award settlement. On 11/04/2025, 9,501 shares of common stock were acquired via transaction code M, reflecting the conversion of restricted stock units. The Form 4 shows a share price entry of $8.53 on the non-derivative line.
Following the transaction, Brown beneficially owns 21,533 shares directly and 17,228 shares indirectly through the Bruce Brown Revocable Trust. The derivative table lists 9,501 RSUs converted into common stock at a derivative price of $0, with 0 RSUs remaining afterward. A footnote states the FY2025 Director grant vests in full and all restrictions lapse one year from the grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 9,501 | $0.00 | $0.00 |
| Exercise | Common Stock, Par Value $.01 | 9,501 | $8.53 | $81K |
| holding | Common Stock, Par Value $.01 | -- | -- | -- |
Footnotes (2)
- F1. Not applicable to this transaction. RSUs have no value until all restrictions lapse on the final vesting date.
- F2. This FY2025 Director grant vests in full and all restrictions lapse one year from the Grant Date.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Magnera (MAGN) director Bruce Brown report on Form 4?
What derivative securities were involved in the MAGN Form 4?
What price appears for the MAGN non-derivative acquisition?
What does the footnote say about the FY2025 Director RSU grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.