secwatch.observer — SEC 8-K summary
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Issuer:     Magnera Corp (MAGN)
CIK:        0000041719
Form:       8-K
Filed at:   2022-09-15T23:59:59+00:00
Accession:  0000041719-22-000040
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Glatfelter CEO Dante Parrini resigns from board; enters 3-month $100K/month consulting pact
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- Dante C. Parrini resigned as director effective September 13, 2022, per Separation Agreement.
- Consulting Agreement for three months at $100,000 per month; services limited to ≤20% of prior average level.
- Company waived policy that reduces severance by 50% if Parrini obtains new employment during payout.
- Termination previously announced August 26, 2022; changes not related to operations, financial reporting, or conduct.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/41719/000004171922000040/0000041719-22-000040-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/41719/000004171922000040/form8-kx091522.htm
  HTML page:      https://secwatch.observer/filing/0000041719-22-000040

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