Magnolia Oil & Gas director granted 6,320 RSUs
Szabo Shandell reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Szabo Shandell reported acquisition or exercise transactions in this Form 4 filing.
Magnolia Oil & Gas Corp director Shandell Szabo received a grant of 6,320 restricted stock units (RSUs) of Class A common stock at no cost under the company’s Long Term Incentive Plan. Each RSU represents one share, vesting on the earlier of the day before the next director election meeting or the first anniversary of the grant date, subject to continued service. Following this award, Szabo directly holds 20,624 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 ("RSUs") financial
Long Term Incentive Plan financial
contingent right financial
vesting financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Magnolia Oil & Gas (MGY) director Shandell Szabo receive in this Form 4?
When will the Magnolia Oil & Gas (MGY) RSUs granted to the director vest?
Was cash paid for the Magnolia Oil & Gas (MGY) RSU award to the director?
AI-generated analysis. How Rhea-AI works. Not financial advice.