STOCK TITAN

MGY (MGY) plans sale of 18,000 Class A shares via Fidelity broker

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

MGY reported a Form 144 notice indicating an intended sale of 18,000 Class A shares on 03/09/2026 on the NYSE. The filing lists vested restricted stock grants of 11,522 shares (vested 05/04/2022) and 6,478 shares (vested 05/03/2024), and includes a broker name, Fidelity Brokerage Services LLC.

Positive

  • None.

Negative

  • None.

Insights

Form 144 reports a planned sale of Class A shares with vesting details listed.

The filing lists an intended disposition of 18,000 Class A shares and identifies the broker as Fidelity Brokerage Services LLC. Dates shown include 03/09/2026 and prior vesting dates of 05/04/2022 and 05/03/2024.

Compliance should verify Rule 144 holding-period and public information conditions before any sale proceeds; documentation of the restricted stock vesting and transfer instructions will be relevant for trade clearance.

Disclosure is routine: a Form 144 notifies intent to sell vested shares rather than a completed market transaction.

The form lists vested share amounts of 11,522 and 6,478 that together align with the total shown. The filing names NYSE as the market and provides a broker address for execution.

Investors typically treat Form 144 notices as administrative; any material impact depends on whether the listed shares are actually sold and in what manner.

144: Filer Information

144: Issuer Information

144: Securities Information



Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold


* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.



Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

144: Remarks and Signature

FAQ

What does MGY's Form 144 report?

It reports an intended sale of 18,000 Class A shares on 03/09/2026. The form names Fidelity Brokerage Services LLC as the broker and lists related vested restricted stock amounts of 11,522 and 6,478.

Who is the broker listed on MGY's Form 144?

The filing lists Fidelity Brokerage Services LLC at 900 Salem Street, Smithfield, RI. This identifies the executing broker for the proposed disposition of the Class A shares on the NYSE.

Do the vesting entries affect the sale reported in Form 144?

The filing shows vested restricted stock of 11,522 (vested 05/04/2022) and 6,478 (vested 05/03/2024). These entries document share origin; the filing indicates intent to sell but not completion.

Does Form 144 mean MGY shares have been sold?

No; Form 144 is a notice of intent to sell. This filing indicates a proposed disposition of 18,000 Class A shares but does not confirm execution or settlement details.

Where will the MGY shares be sold?

The filing shows the market as the NYSE. The form names a broker and the exchange but does not disclose the execution method or pricing in the excerpt provided.
Magnolia Oil & Gas Corp

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