[Form 4] Magnolia Bancorp, Inc. Insider Trading Activity
Magnolia Bancorp, Inc. (MGNO) reported an insider stock grant to its EVP, Secretary and CFO, Donice L. Wagner, on a Form 4.
Rhea-AI Filing Summary
Magnolia Bancorp, Inc. (MGNO) reported an insider stock grant to its EVP, Secretary and CFO, Donice L. Wagner, on a Form 4. On November 20, 2025, Wagner received 1,000 shares of Magnolia Bancorp common stock at a stated price of $0, recorded as an acquisition of non-derivative securities held directly.
The filing explains that these 1,000 shares were granted under the company’s 2025 Recognition and Retention Plan and Trust Agreement and are scheduled to vest 20% per year starting on November 20, 2026. Following this grant, Wagner is shown as beneficially owning 1,000 common shares directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock $.01 par value | 1,000 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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.
FAQ
What insider transaction did Magnolia Bancorp (MGNO) report in this Form 4?
The Form 4 reports that Donice L. Wagner, an executive of Magnolia Bancorp, Inc., received a grant of 1,000 shares of common stock on November 20, 2025 as an acquisition of non-derivative securities.
Who is the reporting person in the Magnolia Bancorp (MGNO) Form 4?
The reporting person is Donice L. Wagner, who serves as EVP, Secretary and CFO of Magnolia Bancorp, Inc..
What are the vesting terms of the Magnolia Bancorp 2025 Recognition and Retention Plan grant?
The 1,000-share grant under the 2025 Recognition and Retention Plan and Trust Agreement is scheduled to vest 20% per year, beginning on November 20, 2026.
Does this Magnolia Bancorp (MGNO) Form 4 report any derivative securities?
The Form 4 includes a Table II for derivative securities, but it does not list any derivative securities acquired, disposed of, or beneficially owned for this transaction.
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