Eileen L. Beck - 24 Feb 2025 Form 4 Insider Report for Magnera Corp (MAGN)

Role
EVP, Chief HR Officer
Signature
/s/ Laura A. Jones, attorney-in-fact for Eileen Beck
Issuer symbol
MAGN
Transactions as of
24 Feb 2025
Net transactions value
+$7,091
Form type
4
Filing time
26 Feb 2025, 11:14:15 UTC
Previous filing
19 Feb 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction MAGN Common Stock, Par Value $.01 Options Exercise $10,742 +512 +7.9% $20.98 6,996 24 Feb 2025 Direct
transaction MAGN Common Stock, Par Value $.01 Tax liability $3,651 -174 -2.5% $20.98 6,822 24 Feb 2025 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 -512 -50% $0.000000 513 24 Feb 2025 Common Stock, Par Value $.01 512 $0.000000 Direct F2, F3, F4
* 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 The number of securities underlying awards beneficially owned by the reporting person have been adjusted to reflect a 1-for-13 reverse stock split effective on November 4, 2024.
F4 This 2023 RSU LTIP grant vests one-third 02/24/2024, one-third 02/24/2025 and one-third 02/24/2026.