Magnolia Oil & Gas Corp (MGY) director awarded 69 dividend RSUs
Rhea-AI Filing Summary
Magnolia Oil & Gas Corp director Arcilia Acosta acquired 69 shares of Class A common stock through a fully vested restricted stock unit award granted at no cost. The award reflects dividend-equivalent RSUs issued under the company’s Long Term Incentive Plan in connection with a March 2, 2026 cash dividend. Following this acquisition, her directly held Class A shares increased to 147,484.
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Insider Trade Summary
Net Buyer: 69 shares
Net Buy
1 txn
Insider
Acosta Arcilia
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 69 | $0.00 | $0.00 |
Holdings After Transaction:
Class A Common Stock — 147,484 shares (Direct)
Footnotes (1)
- F1. Reflects additional fully-vested restricted stock units ("RSUs") issued under the Magnolia Oil & Gas Corporation Long Term Incentive Plan with respect to dividend equivalent rights on previously deferred RSUs held by the reporting person, in connection with the payment of cash dividends to holders of Class A common stock ("Class A Common Stock") of Magnolia Oil & Gas Corporation on March 2, 2026. Each RSU represents a contingent right to receive one share of Class A Common Stock.
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FAQ
What insider transaction did Magnolia Oil & Gas (MGY) report for Arcilia Acosta?
Magnolia Oil & Gas reported director Arcilia Acosta acquiring 69 shares of Class A common stock via a fully vested restricted stock unit award. The grant was issued at no cost as dividend-equivalent RSUs under the company’s Long Term Incentive Plan.
What type of securities did Arcilia Acosta receive from Magnolia Oil & Gas (MGY)?
Arcilia Acosta received additional fully vested restricted stock units linked to Magnolia Oil & Gas Class A common stock. Each RSU represents a contingent right to receive one share, issued as dividend-equivalent rights on previously deferred RSUs under the Long Term Incentive Plan.
Why did Magnolia Oil & Gas (MGY) issue RSUs to Arcilia Acosta on March 2, 2026?
The RSUs were issued in connection with cash dividends paid on March 2, 2026 to holders of Class A common stock. They represent dividend-equivalent rights on previously deferred RSUs held by Arcilia Acosta under the company’s Long Term Incentive Plan.
How does this Magnolia Oil & Gas (MGY) RSU grant affect ownership classification?
The RSU grant increases Arcilia Acosta’s direct ownership of Magnolia Oil & Gas Class A common stock. The Form 4 classifies the 69-share award as a direct, non-derivative acquisition, raising her directly held total to 147,484 shares after the transaction.