{"filings":[{"id":2107396,"accession_number":"0001140361-26-031690","cik":41719,"company_name":"Magnera Corp","ticker":"MAGN","form_type":"8-K","filed_at":"2026-08-06T20:47:19+00:00","items":["2.02","9.01"],"status":"ready","headline":"Magnera Q3 net sales $857M, adj. EBITDA $99M; reaffirms FY free cash flow outlook","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q3 net sales $857M (+2% YoY); operating income $22M vs $13M prior year.","Adjusted EBITDA $99M (+9% YoY); twelve-month adjusted free cash flow yield >25%.","Reaffirming full-year free cash flow outlook; holding to lower end of adjusted EBITDA guidance.","CEO cites organic volume growth, synergy savings, and Project Core benefits.","Year-to-date net sales $2,445M (+3% YoY); adjusted EBITDA $282M (+7% YoY)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":399527991.69488364,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":98134,"accession_number":"0001140361-26-019558","cik":41719,"company_name":"Magnera Corp","ticker":"MAGN","form_type":"8-K","filed_at":"2026-05-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Magnera Q2 net sales $796M, op income $17M, adj EBITDA $90M, FCF $73M, reiterates FY guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP operating income of $17M vs. $4M a year ago; net sales $796M, down 3% reported (9% comparable).","Adjusted EBITDA $90M, up 1% reported (flat comparable); free cash flow $73M for the quarter.","Debt repayments of $36M during Q2; twelve-month adjusted free cash flow yield over 40%.","Full-year 2026 Adjusted EBITDA and free cash flow guidance reaffirmed; CEO cites in-line performance.","Year-to-date net sales $1,588M vs. $1,526M; adjusted EBITDA $183M vs. $173M."],"consensus_eps_estimate":null,"consensus_eps_actual":-1.45,"consensus_revenue_estimate":null,"consensus_revenue_actual":1588000000.0,"consensus_period":"2026-Q2","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":399527991.69488364,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":113419,"accession_number":"0000041719-26-000037","cik":41719,"company_name":"Magnera Corp","ticker":"MAGN","form_type":"8-K","filed_at":"2026-03-12T23:59:59+00:00","items":["5.07","9.01"],"status":"ready","headline":"Magnera shareholders elect all nine director nominees, ratify auditor, approve say-on-pay","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All nine director nominees elected; Thomas E. Salmon received most against votes (1.68M).","Ratification of Ernst & Young as auditor for FY 2026 passed with 29.95M for, 0.08M against.","Advisory say-on-pay proposal approved with 26.95M for, 0.21M against.","Broker non-votes of ~2.88M on director and say-on-pay proposals; none on auditor ratification."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":399527991.69488364,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":113418,"accession_number":"0001140361-26-003803","cik":41719,"company_name":"Magnera Corp","ticker":"MAGN","form_type":"8-K","filed_at":"2026-02-05T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Magnera reports Q1 net sales $792M, adjusted EBITDA $93M; reaffirms FY guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP net sales $792M, operating income $14M; adjusted EBITDA $93M.","YoY comparable net sales down 7% (normalized for merger and FX); adjusted EBITDA flat.","Reaffirmed FY2026 adjusted EBITDA guidance $380-$410M, free cash flow $90-$110M.","Made $27M in debt payments during quarter; CEO cites disciplined capital allocation.","CEO highlights strategic pillars: cost optimization, portfolio differentiation, commercial excellence."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.95,"consensus_revenue_estimate":null,"consensus_revenue_actual":792000000.0,"consensus_period":"2026-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":399527991.69488364,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":113417,"accession_number":"0000041719-26-000004","cik":41719,"company_name":"Magnera Corp","ticker":"MAGN","form_type":"8-K","filed_at":"2026-02-03T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Magnera appoints Erin Maile as EVP, Chief Accounting Officer","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Erin Maile appointed EVP, Chief Accounting Officer, effective Feb 2, 2026.","Previously served as VP, Finance, Corporate Controller since Nov 2024; prior role at Berry Global.","Annual base salary of $275,000; eligible for STI target $123,750 and LTI target $200,000.","Severance: double trigger change-in-control severance of 2x base+bonus; non-CIC severance of 12 months base+bonus."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":399527991.69488364,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":129806,"accession_number":"0000041719-25-000115","cik":41719,"company_name":"Magnera Corp","ticker":"MAGN","form_type":"8-K","filed_at":"2025-11-28T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Magnera sets annual meeting for March 9, 2026; proposal deadline Dec 9","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Annual meeting scheduled for March 9, 2026; proxy statement to be filed later.","Rule 14a-8 shareholder proposals must be received by December 9, 2025.","Director nominations and non-Rule 14a-8 proposals due by December 9, 2025."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":399527991.69488364,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":129805,"accession_number":"0001140361-25-042757","cik":41719,"company_name":"Magnera Corp","ticker":"MAGN","form_type":"8-K","filed_at":"2025-11-19T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Magnera reports Q4 net sales $839M, adjusted EBITDA $90M; FY net sales $3.2B, adjusted EBITDA $354M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Q4 GAAP operating income $10M, net cash from operations $96M; FY operating income $5M.","FY comparable net sales down 4% vs prior year; adjusted EBITDA down 4% on comparable basis.","Year-end leverage 3.8x; $50M term loan repaid in Q4; post-merger adj. free cash flow $126M.","FY 2026 target: improve reported earnings ~9% via cost actions and capacity optimization.","CEO cites stable cash flows and mission-critical products despite soft macroeconomic environment."],"consensus_eps_estimate":null,"consensus_eps_actual":-4.47,"consensus_revenue_estimate":null,"consensus_revenue_actual":3204000000.0,"consensus_period":"2025-FY","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":399527991.69488364,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":129804,"accession_number":"0000041719-25-000052","cik":41719,"company_name":"Magnera Corp","ticker":"MAGN","form_type":"8-K","filed_at":"2025-10-02T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Magnera EVP HR Beck to retire Dec 31; President Parks departure rescheduled to Nov 15","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Eileen L. Beck, EVP Human Resources, transitions to advisory role Sept 27 until retirement on Dec 31, 2025.","David Parks, President Americas, revises departure date to Nov 15, 2025 from prior Nov 11, 2025.","Both departures are retirements; no replacements announced in the filing."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.3,"market_cap_usd":399527991.69488364,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":146392,"accession_number":"0000041719-25-000043","cik":41719,"company_name":"Magnera Corp","ticker":"MAGN","form_type":"8-K","filed_at":"2025-08-11T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Magnera announces departures of Presidents David Parks (retirement) and Achim Schalk (other opportunities)","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["David Parks, President Americas, to depart effective Nov 11, 2025 and intends to retire.","Achim Schalk, President EMEIA/APAC, to depart effective Nov 30, 2025 to pursue other opportunities.","No successors have been announced for either regional president role."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":399527991.69488364,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":146391,"accession_number":"0001140361-25-029146","cik":41719,"company_name":"Magnera Corp","ticker":"MAGN","form_type":"8-K","filed_at":"2025-08-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Magnera Q3 net sales $839M, op income $13M; reaffirms adj. EBITDA guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP net sales $839M (up 51% YoY), operating income $13M (down from $17M).","Comparable net sales down 5% YoY; comparable adjusted EBITDA $91M down 9%.","Confirming post-merger adjusted free cash flow and Adjusted EBITDA range.","CEO cites challenging markets but focus on Project CORE, sales pipeline, and synergy delivery."],"consensus_eps_estimate":null,"consensus_eps_actual":-3.35,"consensus_revenue_estimate":null,"consensus_revenue_actual":2365000000.0,"consensus_period":"2025-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":399527991.69488364,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":164753,"accession_number":"0000041719-25-000027","cik":41719,"company_name":"Magnera Corp","ticker":"MAGN","form_type":"8-K","filed_at":"2025-05-07T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Magnera Q2 net sales $824M, adj EBITDA $89M; lowers full-year EBITDA guidance","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP net sales $824M vs $558M year ago; operating income $4M vs $21M.","Non-GAAP adjusted EBITDA $89M; post-merger adjusted free cash flow $42M.","Reaffirmed post-merger adjusted free cash flow range; lowered full-year comparable Adjusted EBITDA range.","CEO cites tariff-driven demand concerns, remains focused on integration and cost measures."],"consensus_eps_estimate":0.1479,"consensus_eps_actual":-2.85,"consensus_revenue_estimate":null,"consensus_revenue_actual":1526000000.0,"consensus_period":"2025-Q2","consensus_source":"xbrl+finnhub","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":399527991.69488364,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":182466,"accession_number":"0000041719-25-000013","cik":41719,"company_name":"Magnera Corp","ticker":"MAGN","form_type":"8-K","filed_at":"2025-02-06T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Magnera reports Q1 net sales $702M, adjusted EBITDA $84M; provides FY2025 outlook","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["GAAP net sales $702M (up 35% reported; comparable 2% adjusting for merger and FX); GAAP operating loss $22M.","Adjusted EBITDA $84M (up 27% reported; comparable 8%); non-GAAP measure excluding one-time and merger costs.","Merger of Berry Global's nonwovens/hygiene films business with Glatfelter completed Nov 4, 2024, forming Magnera.","FY2025 comparable Adjusted EBITDA guidance $385M-$405M; post-merger adjusted free cash flow $75M-$95M.","CEO emphasizes commitment to debt reduction, synergy realization, and shareholder value."],"consensus_eps_estimate":null,"consensus_eps_actual":-1.69,"consensus_revenue_estimate":null,"consensus_revenue_actual":702000000.0,"consensus_period":"2025-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":399527991.69488364,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":182465,"accession_number":"0000041719-25-000009","cik":41719,"company_name":"Magnera Corp","ticker":"MAGN","form_type":"8-K/A","filed_at":"2025-01-31T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Magnera completes HHNF spinoff merger; incorporates Spinco 10-K risk factors and audited financials","summary_kind":"llm","event_type":"other_material","confidence":"medium","bullets":["Transaction closed Nov 4, 2024: Berry's HHNF business merged into Magnera (f/k/a Glatfelter) via Reverse Morris Trust.","Spinco 10-K risk factors incorporated; key risks: global economic conditions, raw material inflation, competition, and supply chain disruptions.","Goodwill impairment of $171M recorded in Rest of World segment in fiscal 2024 due to lower market multiples and softness.","Spinco MD&A notes global macro headwinds but asserts long-term demand strength; relies on ability to pass through raw material costs.","Audited Spinco combined financials for fiscal years ended Sep 28, 2024 and Sep 30, 2023 are incorporated by reference."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":399527991.69488364,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":199087,"accession_number":"0001104659-24-130796","cik":41719,"company_name":"Magnera Corp","ticker":"MAGN","form_type":"8-K","filed_at":"2024-12-20T23:59:59+00:00","items":["5.02","9.01"],"status":"ready","headline":"Magnera enters CEO employment agreement with Curtis L. Begle; grants PSUs to executives","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["CEO base salary $1M, target bonus 100% of base, LTI grants $4.6M, one-time special award $1.5M.","Executive severance plan adopted: 1x salary+bonus on non-cause termination; 2x on change in control.","PSUs granted to 7 executives (e.g., Begle 182,636; Till 47,644) with 3-year performance period.","CEO eligible for COBRA payments for 12 months (24 months after change in control)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.5,"calibrated_materiality_score":0.5,"market_cap_usd":399527991.69488364,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":199085,"accession_number":"0001104659-24-121061","cik":41719,"company_name":"Magnera Corp","ticker":"MAGN","form_type":"8-K/A","filed_at":"2024-11-20T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Magnera amends 8-K to correct director RSU grant for Mr. Fahnemann to $150,000","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Amendment fixes scrivener's error: Mr. Fahnemann's RSU grant is $150,000, not a different amount.","Other non-employee directors receive $200,000 annual RSU grants plus $50,000 one-time grant.","Grants vest on first anniversary of Closing Date; number of RSUs based on closing price.","No other changes to the original November 4, 2024 Form 8-K."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":399527991.69488364,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":199086,"accession_number":"0001104659-24-114009","cik":41719,"company_name":"Magnera Corp","ticker":"MAGN","form_type":"8-K","filed_at":"2024-11-05T23:59:59+00:00","items":["1.01","1.02","2.01","2.03","4.01","5.01","5.02","5.03","5.05","7.01","8.01","9.01"],"status":"ready","headline":"Magnera closes spin-off merger with Berry's HHNF Business, takes on $800M notes","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Berry separated and spun off its HHNF Business; Spinco merged into Magnera (formerly Glatfelter) on Nov 4, 2024.","Magnera assumed $800M 7.250% senior notes due 2031 and entered into $785M term loan and $350M ABL facility.","Company renamed Magnera Corporation; existing common stock underwent a reverse stock split.","Prior Glatfelter credit agreements (Fourth Amended and Restated Credit Agreement, 11.25% Term Loan) repaid and terminated.","Transition Services Agreement with Berry for up to 12 months to facilitate integration."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.95,"calibrated_materiality_score":0.95,"market_cap_usd":399527991.69488364,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":199084,"accession_number":"0000041719-24-000034","cik":41719,"company_name":"Magnera Corp","ticker":"MAGN","form_type":"8-K","filed_at":"2024-10-30T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Glatfelter Q3 net loss $20M, Adj. EBITDA $24.6M; merger closing Nov 4","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $332M, GAAP net loss from continuing ops $20.0M ($0.44 EPS loss); adjusted EPS loss $0.26.","Adjusted EBITDA $24.6M vs $25.5M Q3 2023; Spunlace EBITDA rose $2.5M to $4.8M despite Hurricane Helene.","Airlaid EBITDA $18.0M (-$0.7M YoY); Composite Fibers $10.1M (-$1.1M) due to new wallcover sanctions.","Merger with Berry HHNF to close Nov 4, creating Magnera; all closing conditions satisfied."],"consensus_eps_estimate":null,"consensus_eps_actual":-1.28,"consensus_revenue_estimate":null,"consensus_revenue_actual":2187000000.0,"consensus_period":"2024-Q3","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":399527991.69488364,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":199083,"accession_number":"0001104659-24-110888","cik":41719,"company_name":"Magnera Corp","ticker":"MAGN","form_type":"8-K","filed_at":"2024-10-23T23:59:59+00:00","items":["5.07","8.01","9.01"],"status":"ready","headline":"Glatfelter shareholders approve all merger proposals; 1-for-13 reverse stock split set for Nov 4","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Shareholders approved share issuance, charter amendments (increase shares to 240M, reverse split), omnibus plan, and golden parachute compensation.","Over 30M votes cast in favor of share issuance proposal; reverse split ratio set at 1-for-13.","Transaction with Berry's HHNF business expected to close on November 4, 2024.","Reverse split effective 12:01 AM ET on Nov 4; post-split trading under new CUSIP 55939A 107.","No fractional shares issued; proceeds from aggregated fractions distributed pro rata."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":399527991.69488364,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":199082,"accession_number":"0001104659-24-110339","cik":41719,"company_name":"Magnera Corp","ticker":"MAGN","form_type":"8-K","filed_at":"2024-10-22T23:59:59+00:00","items":["1.01","8.01","9.01"],"status":"ready","headline":"Glatfelter and Berry waive IRS ruling & tax opinion conditions to close HHNF merger","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Waived condition for IRS private letter ruling on tax treatment of the spin-off and merger.","Berry believes any taxable gain from spin-off would be immaterial based on adjusted tax basis.","Parties amended Tax Matters Agreement to reflect waivers and clarify liability for transaction taxes.","Bryan Cave Leighton Paisner LLP tax opinion filed as Exhibit 8.1 supersedes prior opinion.","Transaction to combine Berry's nonwovens with Glatfelter and rename to Magnera remains subject to other closing conditions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":399527991.69488364,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":199081,"accession_number":"0001104659-24-108064","cik":41719,"company_name":"Magnera Corp","ticker":"MAGN","form_type":"8-K","filed_at":"2024-10-11T23:59:59+00:00","items":["8.01"],"status":"ready","headline":"Glatfelter receives shareholder lawsuits seeking to enjoin merger; voluntarily supplements proxy disclosures","summary_kind":"llm","event_type":"litigation","confidence":"high","bullets":["Two lawsuits filed Oct 2 and 3 (Williams, Wilhelm) alleging misleading disclosures in merger proxy.","Complaints seek injunction to stop Berry HHNF transaction unless additional disclosures are made.","Glatfelter denies allegations but voluntarily adds supplemental disclosures to moot claims.","Supplemental info includes details on J.P. Morgan DCF analyses: Glatfelter stand-alone equity values $55M-$245M.","Board maintains unanimous recommendation to vote FOR the transaction proposals."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":399527991.69488364,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":215119,"accession_number":"0001104659-24-090302","cik":41719,"company_name":"Magnera Corp","ticker":"MAGN","form_type":"8-K","filed_at":"2024-08-16T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Glatfelter and Berry announce six additional Magnera board designees; four Glatfelter directors to retire","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Six Magnera Board designees named: Bruce Brown, Michael Curless, Thomas Fahnemann, Samantha Marnick, Carl Rickertsen, Thomas Salmon.","Four Glatfelter directors (Dahlberg, Gallagher, Hackett, Hall) will retire upon closing of the merger.","Magnera Board to have nine directors, including CEO; Berry designates five, Glatfelter three; one seat pending.","Kevin Fogarty to remain Non-Executive Chair; Thomas Fahnemann also serves on Magnera Board as Glatfelter CEO.","Appointments effective at closing of Berry HHNF merger with Glatfelter."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":399527991.69488364,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":215118,"accession_number":"0000041719-24-000030","cik":41719,"company_name":"Magnera Corp","ticker":"MAGN","form_type":"8-K","filed_at":"2024-08-08T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Glatfelter Q2 net sales $329M, net loss narrows to $15.8M; merger with Berry HHNF on track","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $329M vs $357M YoY; GAAP net loss from cont ops $15.8M vs $36.6M loss a year ago.","Adjusted EBITDA $25.6M, up $8.3M YoY; Composite Fibers +$4.9M, Spunlace +$3.4M, Airlaid -$2.3M.","All antitrust clearances and IRS favorable ruling received for planned merger with Berry's HHNF business; closing expected H2 2024.","Reached settlement of legal dispute related to former Specialty Papers business; $6.5M gain to be recognized in Q3 2024.","EPS from cont ops -$0.35; adjusted EPS -$0.25."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.95,"consensus_revenue_estimate":null,"consensus_revenue_actual":656699000.0,"consensus_period":"2024-Q2","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":399527991.69488364,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":234379,"accession_number":"0001104659-24-066410","cik":41719,"company_name":"Magnera Corp","ticker":"MAGN","form_type":"8-K","filed_at":"2024-05-30T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Glatfelter VP, CAO David C. Elder to resign upon closing of Berry transaction","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["David C. Elder resigns as VP, Strategic Initiatives, Business Optimization & CAO effective at closing of Berry merger.","No successor named for Elder's role; duties will be assumed by NewCo leadership after merger.","Curt Begle (Berry division president) to become CEO of NewCo; James Till (Berry EVP & Controller) named CFO; Tarun Manroa (Berry CSO) named COO.","Changes are part of pre-arranged organizational plan for the combined company following the HHNF business merger."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":399527991.69488364,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":234378,"accession_number":"0000041719-24-000020","cik":41719,"company_name":"Magnera Corp","ticker":"MAGN","form_type":"8-K","filed_at":"2024-05-14T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Glatfelter shareholders elect all seven director nominees, ratify auditor, approve say-on-pay at 2024 annual meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["All seven director nominees elected; votes for ranged from 31.4M to 32.5M with 5.7M broker non-votes.","Ratification of Deloitte & Touche as independent auditor approved: 38.0M for, 163K against, 163K abstain.","Advisory say-on-pay proposal approved: 30.85M for, 1.78M against, 156K abstain, 5.7M broker non-votes."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.15,"market_cap_usd":399527991.69488364,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":234375,"accession_number":"0000041719-24-000023","cik":41719,"company_name":"Magnera Corp","ticker":"MAGN","form_type":"8-K/A","filed_at":"2024-05-14T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Glatfelter shareholders elect all 7 director nominees, ratify auditor, approve say-on-pay at 2024 annual meeting","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["All seven director nominees elected with over 32M votes for each; highest votes for Thomas Fahnemann (32.5M).","Ratification of Deloitte & Touche as 2024 auditor approved with 38.0M for, 328k against, 163k abstain.","Advisory say-on-pay approved with 30.9M for, 1.8M against, 156k abstain, and 5.7M broker non-votes.","Meeting held May 10, 2024; results unchanged from original 8-K filed May 14, amendment only corrects signature date."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.15,"market_cap_usd":399527991.69488364,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":234377,"accession_number":"0000041719-24-000015","cik":41719,"company_name":"Magnera Corp","ticker":"MAGN","form_type":"8-K","filed_at":"2024-05-09T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Glatfelter Q1 net sales $327M, net loss $26.2M; merger with Berry HHNF on track for H2 2024","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $327M, down 13.5% YoY from $378M in Q1 2023.","GAAP net loss from continuing ops $26.2M ($0.58 diluted EPS); adjusted EPS loss $0.33.","Adjusted EBITDA $23.8M (7.3% margin); Spunlace +$5M, Airlaid -$9M, Composite Fibers +$2M.","Composite Fibers EBITDA highest since Q3 2021, with margins averaging 10% last 3 quarters.","Merger with Berry HHNF: HSR waiting period expired; Glatfelter shareholders ~10% ownership; close H2 2024."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.58,"consensus_revenue_estimate":null,"consensus_revenue_actual":327256000.0,"consensus_period":"2024-Q1","consensus_source":"xbrl_only","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":399527991.69488364,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":234376,"accession_number":"0001104659-24-046076","cik":41719,"company_name":"Magnera Corp","ticker":"MAGN","form_type":"8-K","filed_at":"2024-04-11T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Glatfelter names Till CFO, Manroa COO for NewCo; Fogarty non-exec chair","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["James Till (Berry EVP/Controller) to be EVP CFO & Treasurer of NewCo; base salary $575k, bonus target 75%, LTIP $1.2M.","Tarun Manroa (Berry EVP/CSO) to be EVP COO; base salary $550k, bonus target 75%, LTIP $900k.","Kevin Fogarty to remain Non-Executive Chair of NewCo board; formerly Glatfelter non-exec chair since 2022.","Current Glatfelter CFO Shettigar and COO Illetschko to resign at merger close; will stay until then.","Appointments effective upon closing of proposed merger with Berry's HHNF business."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"market_cap_usd":399527991.69488364,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":252278,"accession_number":"0001104659-24-031047","cik":41719,"company_name":"Magnera Corp","ticker":"MAGN","form_type":"8-K","filed_at":"2024-03-05T23:59:59+00:00","items":["5.02"],"status":"ready","headline":"Glatfelter sets 2024 executive LTIs: CEO Fahnemann awarded $3M total, 75% equity, 25% cash","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["CEO Thomas Fahnemann receives $3,000,000 total award value (75% RSUs, 25% cash) for 2024.","CFO Ramesh Shettigar awarded $550,000; SVP David Elder awarded $300,000 under same structure.","Awards vest in three equal tranches on Dec 31, 2024, Feb 28, 2026, and Feb 28, 2027.","Cash portion is a new one-time program to preserve share pool under the 2022 Equity Incentive Plan.","Partial vesting triggered on termination without cause or for good reason after a change in control, referencing Berry Global transaction."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":399527991.69488364,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":252277,"accession_number":"0000041719-24-000003","cik":41719,"company_name":"Magnera Corp","ticker":"MAGN","form_type":"8-K","filed_at":"2024-02-22T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Glatfelter Q4 net sales $320M, Adj EBITDA $25M; 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new CEO named","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Glatfelter will acquire Berry's HHNF business via Reverse Morris Trust; Berry to distribute Spinco shares to its stockholders.","Curtis L. Begle, currently president of Berry's HHNF division, will become Glatfelter CEO upon closing; Thomas Fahnemann to resign.","Glatfelter approved a $6.0M aggregate cash retention program for key employees, paid in two installments post-closing.","Begle will receive $1M base salary, 100% bonus target, $4.6M annual LTI grant, sign-on equity, and double-trigger vesting.","Transaction subject to regulatory approvals, Glatfelter shareholder approval, and other customary conditions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":399527991.69488364,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":252276,"accession_number":"0001104659-24-011685","cik":41719,"company_name":"Magnera Corp","ticker":"MAGN","form_type":"8-K","filed_at":"2024-02-07T23:59:59+00:00","items":["1.01","7.01","9.01"],"status":"ready","headline":"Glatfelter merges with Berry's HHNF in $3.6B Reverse Morris Trust; GLT holders get 10%","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Transaction valued at $3.6B enterprise value; pro forma revenue ~$3.6B, Adj. EBITDA ~$455M.","Glatfelter shareholders own 10% of combined company; Berry shareholders via Spinco own 90%.","Berry receives ~$1B cash distribution at closing; cost synergies target >=$50M by year three.","Pro forma net leverage 4x; Spinco enters $1.585B term loan and $250M ABL facility.","Curt Begle, President of Berry HHNF, to become CEO of combined company."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.95,"calibrated_materiality_score":0.95,"market_cap_usd":399527991.69488364,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":269789,"accession_number":"0000041719-23-000046","cik":41719,"company_name":"Magnera Corp","ticker":"MAGN","form_type":"8-K","filed_at":"2023-11-02T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Glatfelter reports Q3 net loss $19.7M, lowers FY 2023 EBITDA guidance by $10M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $330M, down from $372M YoY; GAAP net loss from continuing ops $19.7M ($0.43 EPS loss).","Adjusted EBITDA $25.5M, recovering from Q2 one-time issues; highest EBITDA margin in eight quarters.","Full-year 2023 Adjusted EBITDA guidance lowered by $10M due to market weakness and customer destocking.","Divested Ober-Schmitten site to eliminate future losses; Turnaround Strategy driving sequential improvements."],"consensus_eps_estimate":0.1071,"consensus_eps_actual":1.19,"consensus_revenue_estimate":null,"consensus_revenue_actual":2275000000.0,"consensus_period":"2025-FY","consensus_source":"xbrl+finnhub","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":399527991.69488364,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":286787,"accession_number":"0000041719-23-000043","cik":41719,"company_name":"Magnera Corp","ticker":"MAGN","form_type":"8-K/A","filed_at":"2023-09-27T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Glatfelter announces resignation of director Lee C. Stewart","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Lee C. Stewart resigned from Board effective Sept 25, 2023 for reasons unrelated to the company.","Stewart served 22 years, most recently as Chair of Nominating and Corporate Governance Committee.","Kathleen A. Dahlberg appointed Chair of Nominating and Corporate Governance Committee effective immediately.","Resignation not due to disagreement with company's operations, policies, or practices."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":399527991.69488364,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":286789,"accession_number":"0000041719-23-000041","cik":41719,"company_name":"Magnera Corp","ticker":"MAGN","form_type":"8-K","filed_at":"2023-09-26T23:59:59+00:00","items":["5.02","7.01","9.01"],"status":"ready","headline":"Glatfelter director Lee C. Stewart resigns from board, effective Sept 25, 2023","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Resignation effective Sept 25, 2023, not due to any disagreement with the company.","Stewart served 22 years, most recently as Chair of Nominating and Governance Committee and Audit Committee member.","Kathleen Dahlberg assumes Chair of Nominating and Governance Committee immediately; continues on Audit Committee.","Resignation not related to Glatfelter's operations, financial reporting, controls, or personal conduct."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":399527991.69488364,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":286786,"accession_number":"0000041719-23-000038","cik":41719,"company_name":"Magnera Corp","ticker":"MAGN","form_type":"8-K/A","filed_at":"2023-08-15T23:59:59+00:00","items":["2.05","7.01","9.01"],"status":"ready","headline":"Glatfelter sells Ober-Schmitten facility to Ostrest GmbH; expects ~$15M loss","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Sale of Ober-Schmitten GmbH and related Asia distributor operations to Ostrest GmbH effective Aug. 15, 2023.","Glatfelter receives no proceeds and expects to record a loss of approx. $15M on the sale.","Prior closure plan reversed; employee separation charges of ~$10.4M will be reversed in Q3 2023 financials.","Other associated costs of ~$0.4M not reversed; no additional costs expected beyond transition services.","Site remains fully operational under new ownership; transition services through Dec. 2023 (may extend to Mar. 2024)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":399527991.69488364,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":286788,"accession_number":"0000041719-23-000030","cik":41719,"company_name":"Magnera Corp","ticker":"MAGN","form_type":"8-K","filed_at":"2023-08-03T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Glatfelter Q2 net loss $36.6M; guides FY EBITDA down to $100-110M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net sales $357M; GAAP net loss $36.6M ($0.82 EPS loss) vs $2.5M loss in Q2 2022.","Adjusted EBITDA $17.3M, down from $27.2M; adjusted EPS loss $0.45 vs $0.04 loss.","Operational issues: ~$3M from fires, ~$4M Ober-Schmitten closure losses, ~$3M forex/other.","Full-year Adjusted EBITDA guidance lowered to $100-$110M from prior outlook.","Turnaround Strategy contributed $7M earnings from price hikes and fixed cost cuts."],"consensus_eps_estimate":null,"consensus_eps_actual":-1.13,"consensus_revenue_estimate":null,"consensus_revenue_actual":735213000.0,"consensus_period":"2023-Q2","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":399527991.69488364,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":286785,"accession_number":"0000041719-23-000033","cik":41719,"company_name":"Magnera Corp","ticker":"MAGN","form_type":"8-K/A","filed_at":"2023-08-03T23:59:59+00:00","items":["2.05"],"status":"ready","headline":"Glatfelter estimates $10.4M cash severance costs for Germany facility closure","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Estimate includes $10.4M cash expenses for employee severance and benefits at Ober-Schmitten, Germany facility.","Additional $0.4M non-cash shutdown costs recognized in Q2 2023 financials.","Negotiations with Works Council ongoing; total costs may change.","Operations expected to cease in Q3 2023 with decommissioning to follow."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":399527991.69488364,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":306748,"accession_number":"0000041719-23-000022","cik":41719,"company_name":"Magnera Corp","ticker":"MAGN","form_type":"8-K","filed_at":"2023-05-31T23:59:59+00:00","items":["2.05","7.01","9.01"],"status":"ready","headline":"Glatfelter closes Ober-Schmitten, Germany facility; ~180 employees affected","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Closure of Composite Fibers segment facility due to ongoing losses in electrical and glassine specialty papers.","CEO Fahnemann cites escalating energy, raw material and labor inflation, and loss of business after price increases.","Company unable to estimate total costs; will file amended 8-K within four business days.","About 180 employees; negotiations with Works Council on social plan begin immediately.","Attempts to sell the facility were unsuccessful; no buyer found."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":399527991.69488364,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":306747,"accession_number":"0001193125-23-137089","cik":41719,"company_name":"Magnera Corp","ticker":"MAGN","form_type":"8-K","filed_at":"2023-05-05T23:59:59+00:00","items":["5.02","5.07"],"status":"ready","headline":"Glatfelter shareholders approve increase in equity plan shares by 675,000 and elect eight directors","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Equity Plan amended to add 675,000 shares; plan expires May 4, 2032.","All eight director nominees elected; Lee C. Stewart received most against votes with 4,756,101.","Ratification of Deloitte & Touche as auditor approved: 36,239,965 for, 537,818 against.","Say-on-Pay advisory vote approved: 27,672,154 for, 3,753,724 against.","Plan amendment approved: 29,261,243 for, 2,128,508 against."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.2,"calibrated_materiality_score":0.2,"market_cap_usd":399527991.69488364,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":306746,"accession_number":"0000041719-23-000015","cik":41719,"company_name":"Magnera Corp","ticker":"MAGN","form_type":"8-K","filed_at":"2023-05-04T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Glatfelter Q1 net loss $13.6M, adjusted EBITDA up to $24.8M; reaffirms FY23 guidance $110-120M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss of $13.6M (diluted EPS -$0.30) vs net loss $108.3M in Q1 2022; adjusted EPS -$0.13 vs -$0.14.","Revenue $378.2M, down slightly from $381.7M; Airlaid EBITDA +$1.8M, Composite Fibers +$3.9M, Spunlace -$0.3M.","Adjusted EBITDA $24.8M, up 7.7% YoY; cash from ops improved $35.6M to -$30.6M.","Reaffirmed FY 2023 Adjusted EBITDA guidance of $110M-$120M; completed refinancing extending maturities to 2026.","Moody's upgraded corporate rating to B3; leverage at 3.0x as of March 31, 2023."],"consensus_eps_estimate":null,"consensus_eps_actual":-0.3,"consensus_revenue_estimate":null,"consensus_revenue_actual":378208000.0,"consensus_period":"2023-Q1","consensus_source":"xbrl_only","sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":399527991.69488364,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":306745,"accession_number":"0000929638-23-001090","cik":41719,"company_name":"Magnera Corp","ticker":"MAGN","form_type":"8-K","filed_at":"2023-04-05T23:59:59+00:00","items":["5.02","5.03","7.01","9.01"],"status":"ready","headline":"Glatfelter appoints Boris Illetschko as COO; two senior executives depart","summary_kind":"llm","event_type":"leadership","confidence":"high","bullets":["Boris Illetschko appointed SVP, COO effective by October 1, 2023, consolidating commercial and supply chain roles.","Christopher Astley (Chief Commercial Officer) and Wolfgang Laures (SVP Supply Chain) separate effective immediately.","Company states changes are not related to operations, financial reporting, controls, or personal conduct.","Illetschko receives €425k base salary, €276k target short-term incentive, and €450k long-term incentive award."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":399527991.69488364,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":325836,"accession_number":"0001104659-23-039749","cik":41719,"company_name":"Magnera Corp","ticker":"MAGN","form_type":"8-K","filed_at":"2023-03-31T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Glatfelter enters €250M term loan at 11.25% and amends revolver to $250M","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["New €250M senior secured term loan facility with 6-year maturity, interest at 11.25% per annum.","Amended revolving credit facility increased to $250M, maturing September 2, 2026.","Term loan proceeds used to refinance existing debt and for general corporate purposes.","Revolver bears interest based on Term SOFR/SONIA/CDOR/EURIBOR plus spread of 350-500 bps.","Both facilities secured by first/second priority liens on assets of Glatfelter and subsidiaries."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":399527991.69488364,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":325835,"accession_number":"0001104659-23-023554","cik":41719,"company_name":"Magnera Corp","ticker":"MAGN","form_type":"8-K","filed_at":"2023-02-21T23:59:59+00:00","items":["1.01","9.01"],"status":"ready","headline":"Glatfelter enters €250M term loan facility with Angelo Gordon at 11.25% interest","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["€250M senior secured term loan facility from Angelo Gordon; 6-year term, 11.25% fixed rate.","Proceeds to refinance existing term loan, for working capital and general corporate purposes.","Prepayment premiums: make-whole first 18 months, then 5.5% (months 19-36), 2.75% (months 37-48), thereafter par.","Collateral: first priority on foreign assets, second priority on domestic assets; guarantees from domestic and foreign subsidiaries.","Interest may be paid in kind (5% PIK) for first two years at borrower's election."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":399527991.69488364,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":325834,"accession_number":"0000041719-23-000002","cik":41719,"company_name":"Magnera Corp","ticker":"MAGN","form_type":"8-K","filed_at":"2023-02-21T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Glatfelter Q4 net loss $34.1M; goodwill impairment $30.7M; 2023 EBITDA guidance $110-120M","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss from continuing ops $34.1M (EPS -$0.76); adjusted EPS -$0.16 vs +$0.04 YoY.","Goodwill impairment $30.7M in Composite Fibers; asset impairment $10.4M at OberSchmitten.","Spunlace operating loss improved to $1.2M from $1.3M; Airlaid Materials op income up 19%.","Signed commitment for €250M term loan from Angelo Gordon to refinance €220M loan due Feb 2024.","2023 Adjusted EBITDA guidance $110-120M; net leverage 6.0x; adjusted FCF use $70M."],"consensus_eps_estimate":null,"consensus_eps_actual":-4.33,"consensus_revenue_estimate":null,"consensus_revenue_actual":1491326000.0,"consensus_period":"2022-FY","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":399527991.69488364,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":343579,"accession_number":"0000041719-22-000063","cik":41719,"company_name":"Magnera Corp","ticker":"MAGN","form_type":"8-K/A","filed_at":"2022-12-06T23:59:59+00:00","items":["5.03","9.01"],"status":"ready","headline":"Glatfelter amends bylaws to clarify proxy access eligibility requirements","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Board adopted bylaw amendments on Dec 2, 2022, covering proxy access nominee cap and minimum ownership threshold.","Amendments also include administrative and clarifying changes to the bylaws.","This 8-K/A solely corrects the signature-page date of the Dec 5, 2022 original filing; no disclosure changes.","Proxy access rules now specify a limit on the number of shareholder nominees and minimum shareholding period."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.15,"calibrated_materiality_score":0.15,"market_cap_usd":399527991.69488364,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":343583,"accession_number":"0000041719-22-000061","cik":41719,"company_name":"Magnera Corp","ticker":"MAGN","form_type":"8-K","filed_at":"2022-12-05T23:59:59+00:00","items":["5.03","9.01"],"status":"ready","headline":"Glatfelter amends bylaws with proxy access caps and ownership thresholds","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Board adopted amendments on December 2, 2022, to clarify proxy access eligibility requirements.","Amendments include a cap on the number of shareholder nominees for proxy access.","Minimum ownership threshold specified for proxy access eligibility.","Other administrative changes were made to the Bylaws.","Full text of amended Bylaws filed as Exhibit 3.1."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":399527991.69488364,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":343582,"accession_number":"0001193125-22-287898","cik":41719,"company_name":"Magnera Corp","ticker":"MAGN","form_type":"8-K","filed_at":"2022-11-18T23:59:59+00:00","items":["5.03","9.01"],"status":"ready","headline":"Glatfelter shareholders approve governance amendments including majority voting and proxy access","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["At Nov 11, 2022 special meeting, shareholders approved majority voting standard for uncontested director elections.","Shareholders eliminated cumulative voting in director elections effective Nov 18, 2022.","Bylaws amended to allow board to determine number of authorized directors and meeting time/place.","Proxy access adopted: eligible shareholders may include their own director nominees in company proxy materials.","Voting standards clarified for actions other than director elections (majority of votes cast)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"market_cap_usd":399527991.69488364,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":343581,"accession_number":"0000041719-22-000052","cik":41719,"company_name":"Magnera Corp","ticker":"MAGN","form_type":"8-K","filed_at":"2022-11-16T23:59:59+00:00","items":["5.07"],"status":"ready","headline":"Glatfelter shareholders approve six governance amendments at special meeting","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Majority voting standard approved (33.2M for, 213.6K against).","Cumulative voting eliminated (32.4M for, 962.2K against).","Board authorized to set number of directors by resolution (36.5M for, 1.1M against).","Board permitted to set time/place of annual meeting (37.3M for, 272.7K against).","Proxy access and voting standard clarifications approved with over 33M votes each."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.3,"calibrated_materiality_score":0.15,"market_cap_usd":399527991.69488364,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":343580,"accession_number":"0000041719-22-000046","cik":41719,"company_name":"Magnera Corp","ticker":"MAGN","form_type":"8-K","filed_at":"2022-11-03T23:59:59+00:00","items":["2.02","9.01"],"status":"ready","headline":"Glatfelter Q3 net loss $49.3M; EPS -$1.10; Spunlace goodwill impairment $42.5M; launches turnaround","summary_kind":"llm","event_type":"earnings","confidence":"high","bullets":["Net loss from continuing ops $49.3M vs. income $8.1M a year ago; adjusted EPS -$0.10 vs. +$0.21.","Revenue up 33% to $371.8M on Jacob Holm acquisition; Spunlace segment operating loss $4.7M.","Goodwill impairment charge of $42.5M for Spunlace; net leverage rose to 5.7x from 3.8x.","Airlaid Materials record operating income of $16.6M; Composite Fibers income $6.6M.","Company-wide turnaround strategy focused on portfolio optimization, margin improvement, cost reduction."],"consensus_eps_estimate":null,"consensus_eps_actual":-3.57,"consensus_revenue_estimate":null,"consensus_revenue_actual":1117423000.0,"consensus_period":"2022-Q3","consensus_source":"xbrl_only","sentiment":"negative","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":399527991.69488364,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":360115,"accession_number":"0000041719-22-000042","cik":41719,"company_name":"Magnera Corp","ticker":"MAGN","form_type":"8-K","filed_at":"2022-09-22T23:59:59+00:00","items":["5.03","7.01","8.01","9.01"],"status":"ready","headline":"Glatfelter suspends quarterly dividend, redirects $25M annually to operations","summary_kind":"llm","event_type":"dividend","confidence":"high","bullets":["Board suspends $0.14 per share quarterly cash dividend; last dividend paid Aug 1, 2022.","Suspension frees approximately $25 million in annual cash flow for operational improvements.","Company cites unprecedented energy prices and raw material inflation as headwinds.","Board size reduced from 9 to 8 directors as part of governance changes adopted Sept 20, 2022.","Management to detail capital redeployment plans with Q3 2022 results on Nov 3, 2022."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"market_cap_usd":399527991.69488364,"market_cap_bucket":"not_microcap","market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":"2022-09-22T23:59:59+00:00|360115"}