Eileen L. Beck - 24 Feb 2024 Form 4 Insider Report for Glatfelter Corp (MAGN)

Role: VP, Global Human Resources
Signature: /s/ Jill L. Urey, Attorney-in-fact
Issuer symbol: MAGN
Transactions as of: 24 Feb 2024
Net transactions value: -$4,547
Form type: 4
Filing time: 27 Feb 2024, 15:49:03 UTC
Previous filing: 21 Feb 2024
Next filing: 01 Mar 2024
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GLT	Common Stock, Par Value $.01	Tax liability	$4,547	-2,262	-5.2%	$2.01	40,880	24 Feb 2024	Direct	F1, F2
transaction	GLT	Common Stock, Par Value $.01	Options Exercise	$0	+6,667	+16%	$0.000000	47,547	24 Feb 2024	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	GLT	Restricted Stock Units	Options Exercise	$0	-6,667	-50%	$0.000000	6,666	24 Feb 2024	Common Stock, Par Value $.01	6,667	$0.000000	Direct	F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	These shares are being withheld to satisfy tax obligations.
F2	Because the payout occurred on a Saturday, February 24, 2024, the value of the shares was determined using the closing price of the previous business day Friday, February 23, 2024.
F3	This RSU grant vesting on 2/24/2024 is the first one-third vesting of the SET RSU 2/24/2023 Grant. The final one-third vests, and all restrictions lapse, on 2/24/2026.