Fahnemann Thomas 4

What Happened
Fahnemann Thomas, a director of Magnera Corp (MAGN), received a grant of 12,998 restricted stock units (RSUs) on March 9, 2026. The award is reported at $0.00 per share (total reported value $0) because RSUs carry no cash value until restrictions lapse. According to the filing, the entire grant vests in full one year from the grant date.

Key Details

• Transaction date and price: 2026-03-09; 12,998 RSUs @ $0.00 (derivative award).
• Vesting: Grant vests in full and all restrictions lapse one year from the grant date (around 2027-03-09).
• Shares owned after transaction: Not disclosed in the provided filing.
• Footnotes: F1 — RSUs have no value until final vesting; F2 — this director grant vests in full after one year.
• Filing timeliness: Form 4 was filed 2026-03-10 for the 2026-03-09 grant (within the typical SEC two-business-day reporting window).

Context
This is a compensation/retention award to a director (not an open-market purchase or sale). RSU grants are common for board compensation; because the award is subject to future vesting, it does not reflect an immediate cash transaction or sale.