Form 4: Magnera Corp Executive Jill L. Urey Reports Stock Transactions

EVP, GC & Corp Sec Jill L. Urey reports the acquisition and disposal of Magnera Corp stock and restricted stock units on February 18, 2025.

Summary

• On February 18, 2025, Jill L. Urey, EVP, GC & Corp Sec of Magnera Corp, reported transactions involving the company's stock.
• Urey acquired 75 shares of common stock at $22.49 through the vesting of restricted stock units.
• 26 shares were disposed of to cover tax obligations related to the vesting of these units.
• Following these transactions, Urey directly owns 2,668 shares of Magnera Corp common stock.
• Urey also acquired 2 restricted stock units representing dividend equivalents on a previous RSU grant.
• The reported transactions also reflect a 1-for-13 reverse stock split effective November 4, 2024.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, indicating a neutral sentiment.

Industry Context

This filing is a routine disclosure of stock transactions by a company executive, which is a common practice in publicly traded companies to ensure transparency and compliance with securities regulations.

Stakeholder Impact

• The transactions have a minimal impact on stakeholders as they represent routine executive compensation adjustments.

Key Dates

Keywords

Form 4, Magnera Corp, Stock Transaction, Jill L. Urey, RSU, Executive Compensation, Beneficial Ownership