David C. Elder - 17 Feb 2024 Form 4 Insider Report for Glatfelter Corp (MAGN)

Source evidence Original filing metadata and source links for verification. 5 source fields
SEC form
4
Accepted by SEC
20 Feb 2024, 13:12:10 UTC
Prior SEC filing
16 May 2023
Next SEC filing
21 Feb 2024
Source filing
View source filing
Reporting owner 1 detail
Reporting owner signature
/s/ Jill L. Urey, Attorney-in-fact

Key filing fact

David C. Elder filed Form 4 for Glatfelter Corp (MAGN) on 20 Feb 2024.

Key facts

  • This page summarizes David C. Elder's Form 4 filing for Glatfelter Corp (MAGN).
  • 4 reported transactions and 2 derivative rows are listed below.
  • Accepted by SEC: 20 Feb 2024, 13:12.

Change

  • Previous filing in this sequence was filed on 16 May 2023.
  • Current net transaction value: +$8,780.

Research use

  • This tells you what this filing adds before you inspect full transaction and derivative tables.
  • You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

GLT transaction

Common Stock, Par Value $.01

Options Exercise

Transaction value
$13,269
Shares
+6,059
Change %
+6.5%
Price
$2.19
Shares after
99,198
Date
17 Feb 2024
Ownership
Direct
Footnotes
F1
GLT transaction

Common Stock, Par Value $.01

Tax liability

Transaction value
$4,490
Shares
-2,050
Change %
-2.1%
Price
$2.19
Shares after
97,148
Date
17 Feb 2024
Ownership
Direct
Footnotes
F2

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

GLT transaction Derivative

Restricted Stock Units

Award

Transaction value
Shares
+402
Change %
+7.1%
Price
Shares after
6,059
Date
17 Feb 2024
Ownership
Direct
Underlying class
Common Stock, Par Value $.01
Underlying amount
402
Exercise price
Footnotes
F3, F4, F5, F6
GLT transaction Derivative

Restricted Stock Units

Options Exercise

Transaction value
$0
Shares
-6,059
Change %
-100%
Price
$0.000000*
Shares after
0
Date
17 Feb 2024
Ownership
Direct
Underlying class
Common Stock, Par Value $.01
Underlying amount
6,059
Exercise price
Footnotes
F3, F5
* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

Because the payout occurred on a Saturday, February 17, 2024, the value of the shares was determined using the closing price of the previous business day Friday, February 16, 2024.

Footnote F2

These shares are being withheld to satisfy tax obligations.

Footnote F3

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

Footnote F4

These are dividend equivalents in the form of additional Restricted Stock Units ("RSUs") that have accrued on the 2/17/2021 SET RSU Grant reported previously. The dividend equivalents are added to the initial grant at the time of payout.

Footnote F5

This grant vests in full, and all restrictions lapse, three years from the Grant Date.

Footnote F6

Not applicable to this transaction.

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