Tarun Manroa, Executive Vice President and Chief Operating Officer of Magnera Corp, filed a Form 4 on November 6, 2026, disclosing the vesting of restricted stock units and a related tax-withholding transaction dated November 4, 2026.
Key Highlights
- RSU vesting: Tarun Manroa acquired 3,562 shares of Common Stock (par value $0.01) via an M-coded transaction on November 4, 2026, at a price of $12.66 per share.
- Tax withholding: 1,046 shares were withheld to satisfy tax obligations (transaction code F) at $12.66 per share on the same date.
- Resulting ownership: Following both transactions, Manroa directly beneficially owned 4,531 shares of Common Stock.
- Remaining RSUs: 3,564 restricted stock units remain outstanding following the reported transaction.
- Vesting schedule: The FY2025 Annual RSU grant vests one-third on November 4, 2025, one-third on November 4, 2026, and one-third on November 4, 2027, with the grant vesting in full three years from the grant date.
- Issuer: Magnera Corp, listed as MAGN, with the filing signed by Laura A. Jones as attorney-in-fact for Tarun Manroa.
Manroa's RSU Vesting and Tax Withholding at Magnera Corp
According to the Form 4 filed with the SEC on November 6, 2026, Tarun Manroa, EVP and COO of Magnera Corp (NASDAQ:MAGN), reported two non-derivative transactions in common stock on November 4, 2026. The first was an M-coded transaction representing the conversion of restricted stock units into 3,562 shares of Common Stock, par value $0.01, acquired at a price of $12.66. Prior to these transactions, the filing indicates Manroa held 2,015 shares, and the acquisition brought the total to 5,577 shares before the withholding transaction.
The second transaction, coded F, reflects 1,046 shares withheld to satisfy tax obligations, also at $12.66 per share. The filing notes in its explanation of responses that these shares represent the tax withholding amount. After both transactions, Manroa directly held 4,531 shares of Common Stock, according to the filing.
In Table II, the filing discloses that 3,562 restricted stock units were converted (transaction code M) under the FY2025 Annual RSU grant. The filing explains the grant vests one-third on November 4, 2025, one-third on November 4, 2026, and one-third on November 4, 2027, with all restrictions lapsing on the final vesting date three years from the grant date. The RSUs carry a derivative security price of $0 and a conversion price listed as not applicable. Following the reported conversion, 3,564 RSUs remain directly held by Manroa, per the filing.
What Was Disclosed
The filing reports a partial vesting of Manroa's FY2025 Annual RSU grant on November 4, 2026, resulting in the acquisition of 3,562 common shares, the withholding of 1,046 shares for taxes, and a post-transaction direct beneficial ownership of 4,531 shares.




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