STOCK TITAN

MGNO Form 4: Director awarded 1,667 shares and 4,168 options

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Magnolia Bancorp, Inc. (MGNO) filed a Form 4 reporting equity awards to a director. On 11/20/2025, the director received 1,667 shares of common stock at a price of $0, increasing direct beneficial ownership to 6,667 shares.

The filing also reports the grant of a stock option for 4,168 shares of common stock at an exercise price of $11.19. Both the restricted shares and the options vest at a rate of 20% per year, commencing on November 20, 2026. Following these transactions, the director directly holds 4,168 stock options in addition to the common shares.

Positive

  • None.

Negative

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Insider Burkhalter Peyton B.
Role Director
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 --
Holdings After Transaction: Stock Option (Right to Buy) — 4,168 shares (Direct); Common Stock $.01 par value — 6,667 shares (Direct)
Footnotes (1)
  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.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Burkhalter Peyton B.

(Last) (First) (Middle)
C/O MAGNOLIA BANCORP, INC.
2900 CLEARVIEW PKWY.

(Street)
METAIRIE LA 70006

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Magnolia Bancorp, Inc. [ MGNO ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
11/20/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock $.01 par value 11/20/2025 A 1,667(1) A $0 6,667 D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) $11.19 11/20/2025 A 4,168 11/20/2026(2) 11/20/2035 Common Stock 4,168 $0 4,168 D
Explanation of Responses:
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.
2. The options vest at a rate of 20% per year commencing on November 20, 2026.
/s/ Peyton B. Burkhalter 11/20/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Magnolia Bancorp (MGNO) disclose in this Form 4 filing?

Magnolia Bancorp, Inc. reported that a director received 1,667 shares of common stock and a stock option for 4,168 shares on 11/20/2025.

How many Magnolia Bancorp (MGNO) shares does the director now own directly?

After the reported transaction, the director directly owns 6,667 shares of Magnolia Bancorp common stock, according to the Form 4.

What are the terms of the Magnolia Bancorp (MGNO) stock option granted?

The director was granted a stock option for 4,168 shares of common stock with an exercise price of $11.19. The option becomes exercisable starting 11/20/2026 and expires on 11/20/2035.

How do the Magnolia Bancorp (MGNO) restricted shares vest?

The 1,667 granted shares were issued under the 2025 Recognition and Retention Plan and Trust Agreement and vest 20% per year commencing on November 20, 2026.

How do the Magnolia Bancorp (MGNO) stock options vest?

The options for 4,168 shares vest at a rate of 20% per year, also commencing on November 20, 2026, as stated in the filing.

Who filed this Form 4 for Magnolia Bancorp (MGNO)?

The Form 4 was signed by Peyton B. Burkhalter, identified as a director of Magnolia Bancorp, Inc.