Beck Eileen L 4
4 · Magnera Corp · Filed Feb 19, 2025
Insider Transaction Report
Form 4
Magnera CorpMAGN
Beck Eileen L
EVP, Chief HR Officer
Transactions
- Exercise/Conversion
Common Stock, Par Value $.01
2025-02-18$22.49/sh+188$4,228→ 6,549 total - Tax Payment
Common Stock, Par Value $.01
2025-02-18$22.49/sh−65$1,462→ 6,484 total - Award
Restricted Stock Units
2025-02-18+6→ 188 totalFrom: 2024-02-18Exp: 2025-02-18→ Common Stock, Par Value $.01 (6 underlying) - Exercise/Conversion
Restricted Stock Units
2025-02-18−188→ 0 totalFrom: 2024-02-18Exp: 2025-02-18→ Common Stock, Par Value $.01 (188 underlying)
Footnotes (6)
- [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 dividend equivalents in the form of additional Restricted Stock Units ("RSUs") that have accrued on the 02/18/2022 RSU Grant reported previously. The dividend equivalents are added to the initial grant at the time of payout.
- [F4]Represents the 2022 RSU LTIP grant, which vests one-third 02/18/2023, one-third 02/18/2024 and one-third 02/18/2025.
- [F5]Not applicable to this transaction.
- [F6]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.