Magnera Corp (MAGN) director receives 12,998 restricted stock units in 2026 grant

Rhea-AI Filing Summary

Fogarty Kevin Michael reported acquisition or exercise transactions in this Form 4 filing.

Magnera Corp director Kevin Michael Fogarty was granted 12,998 restricted stock units (RSUs). The RSUs were awarded on the grant date with no cash price per unit. According to the award terms, this 2026 director grant vests in full and all restrictions lapse one year from the grant date.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Fogarty Kevin Michael

(Last) (First) (Middle)

9335 HARRIS CORNERS PKWY

SUITE 300

(Street)

CHARLOTTE NC 28269

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Magnera Corp [ MAGN ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/09/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	03/09/2026		A		12,998		03/09/2027(2)	03/09/2027	Common Stock, Par Value $.01	12,998	$0	12,998	D

Explanation of Responses:

1. Not applicable to this transaction. RSUs have no value until all restrictions lapse on the final vesting date.

2. This 2026 Director grant vests in full and all restrictions lapse one year from the Grant Date.

	/s/ Laura A. Jones, attorney-in-fact for Kevin Fogarty	03/10/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transaction did Magnera Corp (MAGN) report for Kevin Michael Fogarty?

Magnera Corp reported that director Kevin Michael Fogarty received a grant of 12,998 restricted stock units. These RSUs were awarded as compensation and had a transaction price of $0.0000 per unit, indicating no cash payment was made for the grant.

What type of security was involved in the latest MAGN Form 4 filing?

The Form 4 for Magnera Corp shows a grant of Restricted Stock Units (RSUs). RSUs represent a promise of stock in the future and, per the disclosure, have no value until restrictions lapse on the final vesting or specified vesting date for the award.

How many Magnera Corp RSUs does Kevin Michael Fogarty hold after this grant?

Following this transaction, Kevin Michael Fogarty is reported to hold 12,998 Restricted Stock Units directly. This total equals the number of RSUs granted in the filing, reflecting his entire reported RSU holdings after the 2026 director award grant.

When do the 2026 director RSUs for Magnera Corp vest?

The filing states that the 2026 director grant vests in full and all restrictions lapse one year from the grant date. Until that time, the RSUs remain restricted and do not carry realizable value according to the transaction footnote disclosure.

Do the granted Magnera Corp RSUs have immediate cash value for the director?

The RSUs have no immediate cash value. A footnote explains that RSUs have no value until all restrictions lapse on the final vesting date, meaning the director cannot realize value from the 12,998 units until they fully vest as described.

Is the Magnera Corp Form 4 transaction a purchase or a grant of shares?

The transaction is reported as a grant or award acquisition, not an open-market purchase. The Form 4 uses code “A” for grant, and the transaction description specifies it as a grant, award, or other acquisition of 12,998 restricted stock units to the director.