Erin Maile, Executive Vice President and Chief Accounting Officer of Magnera Corp, filed a Form 4 on November 6, 2026, disclosing transactions dated November 4, 2026, related to the vesting of restricted stock units and the withholding of shares for tax obligations.
Key Highlights
- RSU conversion: 297 restricted stock units were converted to 297 shares of Magnera Corp common stock (par value $0.01) on November 4, 2026, at a derivative security price of $0.
- Shares withheld for taxes: 85 shares were withheld to satisfy tax obligations on November 4, 2026, at a price of $12.66 per share.
- Resulting ownership: Following both transactions, Maile Erin directly beneficially owned 2,443 shares of common stock.
- RSU grant context: The filing identifies the units as part of the FY2025 Annual RSU grant; according to the filing, 296 shares vested on 11/4/2025, 297 shares vested on 11/4/2026, and 297 shares are scheduled to vest on 11/4/2027.
- Remaining derivative holdings: Following the vesting transaction, Maile Erin held 297 restricted stock units directly, representing the tranche scheduled to vest on 11/4/2027.
- Issuer and exchange: Magnera Corp is listed as NASDAQ:MAGN.
Magnera Corp Officer RSU Vesting and Tax Withholding Details - November 2026
According to the Form 4 filed on November 6, 2026, Erin Maile, serving as Executive Vice President and Chief Accounting Officer (EVP, CAO) of Magnera Corp (NASDAQ:MAGN), reported two non-derivative transactions and one derivative transaction, all dated November 4, 2026. The filing was signed by Laura A. Jones as attorney-in-fact.
The derivative transaction involved the conversion of 297 restricted stock units (RSUs) under transaction code "M," resulting in the acquisition of 297 shares of Magnera Corp common stock, par value $0.01, at a price of $0 for the derivative security. The filing notes that the RSUs "have no value until all restrictions lapse on the final vesting date." The units are identified as part of the FY2025 Annual RSU grant, under which 296 shares vested on 11/4/2025, 297 shares vested on 11/4/2026, and 297 shares are scheduled to vest on 11/4/2027.
In a separate transaction coded "F," 85 shares were disposed of at $12.66 per share. The filing states this represents "shares being withheld to satisfy tax obligations." After the acquisition of 297 shares brought the total to 2,528 directly held shares, the withholding of 85 shares reduced the directly held position to 2,443 shares. Maile Erin also retains 297 RSUs directly, corresponding to the remaining scheduled vesting tranche on November 4, 2027.
What Was Disclosed
The filing reports an RSU vesting event for Magnera Corp's EVP and CAO on November 4, 2026, in which 297 units converted to common shares, 85 shares were withheld for taxes at $12.66, and direct beneficial ownership settled at 2,443 shares.




Please wait processing your request...