Form 4: Magnera Corp Executive Jill Urey Reports Stock Transactions

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

Summary

• On February 24, 2025, Jill L. Urey, EVP, GC & Corp Sec of Magnera Corp, reported transactions involving the company's stock.
• Urey acquired 205 shares of common stock at $20.98 per share.
• Urey disposed of 68 shares to satisfy tax obligations at a price of $20.98.
• Following these transactions, Urey directly owns 2,805 shares of Magnera Corp.
• Urey also reported transactions involving Restricted Stock Units (RSUs).
• 205 Restricted Stock Units were transacted.
• The RSUs have no value until all restrictions lapse on the final vesting date.
• The 2023 RSU LTIP grant vests one-third on 02/24/2024, one-third on 02/24/2025, and one-third on 02/24/2026.

Sentiment

Score: 5

Explanation: This is a neutral regulatory filing, reflecting standard stock transactions by an executive. It doesn't inherently indicate positive or negative sentiment about the company's performance.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders, providing transparency into their transactions in company stock. This filing indicates the transactions of a key executive at Magnera Corp.

Stakeholder Impact

• The transactions reported may have a minor impact on shareholders due to the change in ownership by a company executive.
• The withholding of shares to cover tax obligations may impact the company's cash flow.

Key Dates