Magnolia director granted 6,320 RSUs in MGY stock
Acosta Arcilia reported acquisition or exercise transactions in this Form 4 filing.
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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.
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
vest financial
annual meeting of stockholders financial
FAQ
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What insider transaction did Magnolia Oil & Gas (MGY) disclose for Arcilia Acosta?
What are the vesting terms of the RSUs granted to the Magnolia Oil & Gas (MGY) director?
Under which plan were the Magnolia Oil & Gas (MGY) RSUs granted to the director?
AI-generated analysis. How Rhea-AI works. Not financial advice.