Magnolia Oil & Gas (MGY) director awarded 6,320 RSUs, holdings rise to 134,569 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Acosta Arcilia reported acquisition or exercise transactions in this Form 4 filing.
Magnolia Oil & Gas Corp director Arcilia Acosta received an equity grant of 6,320 shares of Class A Common Stock in the form of restricted stock units. The award was granted at no cash cost and increases her direct holdings to 134,569 shares.
The RSUs vest on the earlier of the day before the company’s next annual stockholder meeting at which directors are elected or the first anniversary of the grant date, as long as she continues serving as a director until that vesting date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Acosta Arcilia
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 6,320 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 134,569 shares (Direct, null)
Footnotes (1)
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Key Figures
RSUs granted: 6,320 shares
Grant price: $0.00 per share
Shares held after grant: 134,569 shares
+2 more
5 metrics
RSUs granted
6,320 shares
Equity award of Class A Common Stock RSUs
Grant price
$0.00 per share
Equity grant issued at no cash cost
Shares held after grant
134,569 shares
Total direct Class A Common Stock holdings post-transaction
Vesting condition
Earlier of next director election meeting minus one day or first anniversary
RSUs vest subject to continued board service
Security type
Class A Common Stock
Underlying shares for the RSU award
Key Terms
restricted stock units ("RSUs"), Long Term Incentive Plan, vest, annual meeting of stockholders
4 terms
restricted stock units ("RSUs") financial
"Reflects restricted stock units ("RSUs") granted under the Magnolia Oil & Gas Corporation Long Term Incentive Plan"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Long Term Incentive Plan financial
"RSUs granted under the Magnolia Oil & Gas Corporation Long Term Incentive Plan (the "Plan")"
A long term incentive plan is a company program that awards executives and key employees bonuses—often in stock, options, or cash—only if the business meets multi-year performance goals. It links management pay to company results—like tying a coach’s bonus to a team’s multi-season record—so investors monitor it for how leaders are motivated, potential share dilution, and signals about the company’s long-term priorities.
vest financial
"The RSUs will vest on the earlier of (a) the day preceding the next annual meeting"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
annual meeting of stockholders financial
"the day preceding the next annual meeting of stockholders of the Company at which directors are elected"
FAQ
What insider transaction did Magnolia Oil & Gas (MGY) disclose for Arcilia Acosta?
Magnolia Oil & Gas disclosed that director Arcilia Acosta received 6,320 restricted stock units of Class A Common Stock as an equity award. The grant is part of director compensation and was issued at no cash cost under the company’s Long Term Incentive Plan.
What are the vesting terms of the RSUs granted to the Magnolia Oil & Gas (MGY) director?
The restricted stock units granted to director Arcilia Acosta vest on the earlier of the day before Magnolia Oil & Gas’ next annual stockholder meeting at which directors are elected, or the first anniversary of the grant date, subject to her continued service as a director.
Under which plan were the Magnolia Oil & Gas (MGY) RSUs granted to the director?
The 6,320 restricted stock units awarded to director Arcilia Acosta were granted under the Magnolia Oil & Gas Corporation Long Term Incentive Plan. Each RSU represents a contingent right to receive one share of the company’s Class A Common Stock upon vesting.