Magnolia Oil & Gas (NYSE: MGY) CFO sells 33,000 shares in open market
Rhea-AI Filing Summary
Magnolia Oil & Gas Corp senior vice president and chief financial officer Brian Corales sold 33,000 shares of Class A common stock in an open-market transaction on March 9, 2026. The weighted average sale price was $29.12 per share.
According to the filing, the shares were sold in multiple trades at prices ranging from $29.04 to $29.21. After these sales, Corales directly holds 184,178 shares of Magnolia Oil & Gas Corp common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 33,000 shares
Net Sell
1 txn
Insider
Corales Brian
Role
SVP & CHIEF FINANCIAL OFFICER
Sold
33,000 shs ($961K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Class A Common Stock | 33,000 | $29.12 | $961K |
Holdings After Transaction:
Class A Common Stock — 184,178 shares (Direct)
Footnotes (1)
- F1. The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $29.04 to $29.21, inclusive. The reported person undertakes to provide to the Company, any Company security holder, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
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FAQ
What did Magnolia Oil & Gas (MGY) disclose in this Form 4 filing?
Magnolia Oil & Gas reported that CFO Brian Corales sold 33,000 shares of Class A common stock. The open-market transaction occurred on March 9, 2026, and left him holding 184,178 shares directly after the sale.
What are Brian Corales’ Magnolia Oil & Gas (MGY) holdings after the reported sale?
After the March 9, 2026 transaction, CFO Brian Corales directly owns 184,178 Magnolia Oil & Gas Class A common shares. This figure reflects his position following the open-market sale of 33,000 shares reported in the Form 4 filing.
Was the Magnolia Oil & Gas (MGY) CFO transaction an open-market sale?
Yes. The Form 4 describes the CFO’s March 9, 2026 transaction as an open-market sale of Class A common stock, coded as “S” for sale in open market or private transaction, with a weighted average price of $29.12 per share.