Nah stearate is in most pills, a way of letting it break down into your body better or something like that (actually it appears it delays breakdown in something I'm reading?). There's multiple reasons why it might be there. If this was someone's only source of magnesium in their diet they'd become severely deficient to say the least, it's such a tiny amount. It's not nutritionally enough to matter, always go for Glycinate or L-Theronate though the former is better for anxiety and muscle tension since Glycine is great stuff. The latter will also relax muscles as this is something magnesium just does, but it isn't sedating like Glycinate and some people find it has nootropic effects. These are the 2 best as far as I'm concerned although I've found citrate can have great muscle relaxation too and helps with constipation.
Personally it never gave me the runs like it seems to for many, so I just tend to recommend the other two. The first form I ever tried was Citrate in this brand of gummies "Calm." Citrate is just the only other form that isn't an extreme laxative like Oxide is, and Oxide is the most commonly found form in just about any store, often not said right on the front of the label leading many people to discomfort. A friend of mine was shitting and puking at the same time on this stuff and to top it all off, it has horrible bioavailability. It's like 5% whereas Glycinate for instance is probably around 70%, 80%. Citrate is also well absorbed, the gummies I found relaxed my muscles even more actually and I can't figure out why, citrate capsules at the same amount won't do this for me. Maybe it's more bioavailable when eaten since not even the dissolvable powder form of Calm worked like the gummies did. Buying these to potentially potentiate kratom is how I found out I'd had a deficiency, as I was experiencing periods of psychosis for awhile and suddenly without any idea, within 45 minutes of eating a few of them it was like I could see clearly again. Everyone could notice I seemed more alert, and there I was just expecting to potentiate my next dose of kratom.