STOCK TITAN

MGNO Form 4 shows director stock and option awards granted

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

Rhea-AI Filing Summary

Magnolia Bancorp, Inc. (MGNO) reported an equity award grant to a director. On November 20, 2025, the reporting person received 1,667 shares of Magnolia Bancorp common stock at a price of $0, issued under the company’s 2025 Recognition and Retention Plan. After this grant, the director beneficially owned 6,667 common shares directly.

The same day, the director was also granted a stock option to buy 4,168 shares of common stock at an exercise price of $11.19 per share. These options are exercisable from November 20, 2026 and expire on November 20, 2035. Both the restricted shares and the options vest in 20% increments per year starting November 20, 2026, tying the director’s compensation to the company’s long-term performance.

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Insider Hurley Robert M.
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*
Hurley Robert M.

(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/ Robert M. Hurley 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 equity awards did the Magnolia Bancorp (MGNO) director receive on November 20, 2025?

On November 20, 2025, a Magnolia Bancorp director received 1,667 shares of common stock at $0 and a stock option for 4,168 shares with an exercise price of $11.19 per share.

How many Magnolia Bancorp (MGNO) shares does the reporting person own after this Form 4 transaction?

Following the reported grant, the director beneficially owns 6,667 shares of Magnolia Bancorp common stock directly, as disclosed in the Form 4.

What are the vesting terms of the Magnolia Bancorp (MGNO) 1,667-share grant?

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

When do the Magnolia Bancorp (MGNO) stock options granted on November 20, 2025 vest and expire?

The 4,168 stock options vest at 20% per year starting on November 20, 2026 and expire on November 20, 2035, with an exercise price of $11.19 per share.

Is the Magnolia Bancorp (MGNO) director a 10% owner according to this Form 4?

No. The relationship box indicates the reporting person is a Director, and the 10% Owner box is not checked.

What compensation plan is referenced in the Magnolia Bancorp (MGNO) Form 4 filing?

The equity grant of 1,667 shares is made under Magnolia Bancorp’s 2025 Recognition and Retention Plan and Trust Agreement, which governs the vesting schedule.