Eileen L. Beck - 31 Dec 2024 Form 4 Insider Report for Magnera Corp (MAGN)

Signature
/s/ Laura A. Jones, attorney-in-fact for Eileen Beck
Issuer symbol
MAGN
Transactions as of
31 Dec 2024
Net transactions value
+$27,001
Form type
4
Filing time
02 Jan 2025, 18:20:54 UTC
Previous filing
06 Nov 2024
Next filing
19 Feb 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MAGN Common Stock, Par Value $.01 Options Exercise $40,792 +2,245 +46% $18.17 7,120 31 Dec 2024 Direct
transaction MAGN Common Stock, Par Value $.01 Tax liability $13,791 -759 -11% $18.17 6,361 31 Dec 2024 Direct F1

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 MAGN Restricted Stock Units Options Exercise $0 -2,245 -33% $0.000000 4,558 31 Dec 2024 Common Stock, Par Value $.01 2,245 $0.000000 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 Represents the 2024 RSU LTIP grant, which vests one-third 12/31/2024, one-third 2/28/2026 and one-third 2/28/2027.