Magnolia director granted 6,320 RSUs in MGY stock
Ropp Ralph Lewis reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Ropp Ralph Lewis reported acquisition or exercise transactions in this Form 4 filing.
Magnolia Oil & Gas Corp director Ralph Lewis Ropp received an equity award of 6,320 Class A share-equivalent restricted stock units. The RSUs were granted at no cash cost under the company’s Long Term Incentive Plan and will vest on the earlier of the day before the next director election meeting or the first anniversary of the grant date, subject to continued board service. Following this award, Ropp directly holds 21,007 shares of Class A common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 6,320 | $0.00 | $0.00 |
Footnotes (1)
- F1. Reflects restricted stock units ("RSUs") granted under the Magnolia Oil & Gas Corporation Long Term Incentive Plan (the "Plan"). Each RSU represents a contingent right to receive one share of Class A common stock ("Class A Common Stock") of Magnolia Oil & Gas Corporation (the "Company"). The RSUs will vest on the earlier of (a) the day preceding the next annual meeting of stockholders of the Company at which directors are elected, or (b) the first anniversary of the grant date, in each case, subject to the director's continued service through the applicable vesting date.
Key Figures
Key Terms
restricted stock units financial
RSUs financial
Long Term Incentive Plan financial
Class A common stock financial
FAQ
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What did Magnolia Oil & Gas (MGY) director Ralph Lewis Ropp report on this Form 4?
When do the newly granted Magnolia Oil & Gas (MGY) RSUs to Ralph Lewis Ropp vest?
What does each RSU granted to Ralph Lewis Ropp by Magnolia Oil & Gas (MGY) represent?
AI-generated analysis. How Rhea-AI works. Not financial advice.