Magnolia Bancorp (MGNO) Form 3: Donice L. Wagner Reports 0 Shares
This Form 3 discloses that Donice L. Wagner, serving as EVP, Secretary and CFO and a director of Magnolia Bancorp, Inc. (MGNO), filed an initial beneficial ownership statement relating to the 09/18/2025 event.
Rhea-AI Filing Summary
This Form 3 discloses that Donice L. Wagner, serving as EVP, Secretary and CFO and a director of Magnolia Bancorp, Inc. (MGNO), filed an initial beneficial ownership statement relating to the 09/18/2025 event. The filing shows 0 shares of Common Stock ($0.01 par) beneficially owned and indicates the form was signed on 09/22/2025. The document is an initial Section 16 filing and contains no derivative holdings or additional ownership details.
Positive
- None.
Negative
- None.
Insights
TL;DR The CFO/director filed an initial Form 3 reporting no direct ownership of common stock; this is a routine disclosure under Section 16.
The filing is procedural: it documents the initial reporting obligation for Donice L. Wagner and shows no direct common shares and no derivative positions. For governance oversight, the absence of reported ownership is a fact to note for insider alignment analysis but the form itself contains no transactions or material changes to evaluate.
TL;DR Initial insider disclosure filed showing 0 shares owned; no market-impacting transactions or derivative positions disclosed.
From a securities-reporting perspective, this is a routine initial statement that does not provide evidence of buying or selling activity. The absence of holdings means there is no immediate impact on share supply or insider-driven liquidity; additional Section 16 filings would be needed to assess trading behavior.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Common Stock $.01 par value | -- | -- | -- |
FAQ
What did the Form 3 filed by Donice L. Wagner for MGNO report?
What is Donice L. Wagner's role at Magnolia Bancorp (MGNO)?
When was the event date and when was the Form 3 signed?
Does the Form 3 show any derivative or option holdings for the reporting person?
Is this Form 3 indicative of any insider trading activity?
AI-generated analysis. How Rhea-AI works. Not financial advice.