MGNO Form 4: Director Jason Manson awarded stock and options
Rhea-AI Filing Summary
Magnolia Bancorp, Inc. (MGNO) reported an equity grant to director Jason L. Manson on a Form 4. On November 20, 2025, he received 1,667 shares of common stock under the company’s 2025 Recognition and Retention Plan, which vest 20% per year starting November 20, 2026. He also received a stock option for 4,168 shares of common stock at an exercise price of $11.19 per share, vesting 20% per year beginning November 20, 2026 and expiring November 20, 2035. Following these transactions, he holds 1,667 shares directly, 5,000 shares indirectly through an IRA, and 4,168 options.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Stock Option (Right to Buy) | 4,168 | $0.00 | -- |
| Grant/Award | Common Stock $.01 par value | 1,667 | $0.00 | -- |
| holding | Common Stock $.01 par value | -- | -- | -- |
Footnotes (1)
- Represents the grant of shares pursuant to the Issuer's 2025 Recognition and Retention Plan and Trust Agreement that vest 20% per year commencing on November 20, 2026. The options vest at a rate of 20% per year commencing on November 20, 2026.
FAQ
What insider transaction did Magnolia Bancorp (MGNO) report for Jason L. Manson?
Magnolia Bancorp reported that director Jason L. Manson received 1,667 shares of common stock and a stock option for 4,168 shares on November 20, 2025.
What are the key terms of Jason L. Manson’s stock options in Magnolia Bancorp (MGNO)?
The stock option covers 4,168 shares of common stock at an exercise price of $11.19 per share, vests 20% per year starting November 20, 2026, and expires on November 20, 2035.
What role does Jason L. Manson have at Magnolia Bancorp (MGNO)?
Jason L. Manson is reported as a director of Magnolia Bancorp, Inc.