Hall Mary Dean 4

What Happened
Mary Dean, a director of Magnera Corp (MAGN), received a grant of 12,998 restricted stock units (RSUs) on 2026-03-09. The award is reported as a derivative acquisition at $0.00 per share (total immediate cash value $0). This is a compensation award rather than a market purchase or sale.

Key Details

• Transaction date: 2026-03-09; Form 4 filed 2026-03-10 (timely filing).
• Grant type/code: Award/Grant (A) — 12,998 RSUs acquired as a derivative. Price reported: $0.00 per share.
• Shares owned after transaction: not disclosed in the filing.
• Footnotes: F1 — RSUs have no value until restrictions lapse on final vesting date. F2 — This director grant vests in full and all restrictions lapse one year from the grant date (2027-03-09).
• No indication of a 10b5-1 plan, tax-withholding sale, or immediate sale of shares in this filing.

Context
RSU grants to directors are common as part of compensation and do not represent an immediate cash investment or sale. Because these RSUs vest in one year, they will only convert to actual shares if the vesting conditions are met; until then they are a contingent/derivative award and carry no immediate market value.