Magnolia Oil & Gas director buys 54 MGY shares
A Magnolia Oil & Gas Corp director reported a small open-market share purchase, increasing his direct holdings.
Rhea-AI Filing Summary
Magnolia Oil & Gas Corp (MGY) director David M. Khani purchased Class A Common Stock on September 1, 2026. He bought 54 shares in an open-market or private transaction at $26.78 per share, and now directly holds 30,676 shares of Magnolia Oil & Gas Corp Class A Common Stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 54 shares
Net Buy
1 txn
Insider
Khani David M.
Role
Director
Bought
54 shs ($1K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 54 | $26.78 | $1K |
Holdings After Transaction:
Class A Common Stock — 30,676 shares (Direct)
Key Figures
Shares purchased: 54 shares
Purchase price per share: $26.78 per share
Shares owned after transaction: 30,676 shares
3 metrics
Shares purchased
54 shares
Class A Common Stock purchased on September 1, 2026
Purchase price per share
$26.78 per share
Class A Common Stock open-market or private transaction
Shares owned after transaction
30,676 shares
Director David M. Khani direct holdings after the purchase
Key Terms
Class A Common Stock, open-market or private transaction, direct ownership, Rule 10b5-1
4 terms
Class A Common Stock financial
"He bought 54 shares of Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
open-market or private transaction financial
"Purchase in open market or private transaction"
direct ownership financial
"now directly holds 30,676 shares"
Rule 10b5-1 regulatory
"The Rule 10b5-1 checkbox is not affirmed"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What insider transaction did Magnolia Oil & Gas Corp (MGY) report?
Magnolia Oil & Gas Corp reported that director David M. Khani purchased 54 shares of Class A Common Stock on September 1, 2026 in an open-market or private transaction at $26.78 per share.
Was the Magnolia Oil & Gas Corp (MGY) insider trade a purchase or a sale?
The reported insider trade was a purchase. Director David M. Khani acquired 54 shares of Magnolia Oil & Gas Corp Class A Common Stock in an open-market or private transaction.
Was the Magnolia Oil & Gas Corp (MGY) insider trade made under a Rule 10b5-1 plan?
The filing indicates the Rule 10b5-1 checkbox is not affirmed (the box is not checked), and there is no footnote stating that the transaction was made under a trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
