Magnolia Oil & Gas (MGY) director purchases 5,000 shares in open-market trade
Rhea-AI Filing Summary
Magnolia Oil & Gas Corp director Ralph Lewis Ropp purchased 5,000 shares of Class A Common Stock on 2026-08-07 in a purchase in open market or private transaction at $24.625 per share. Following this transaction, he directly holds 26,007 shares. The transaction was not reported under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,000 shares
Net Buy
1 txn
Insider
Ropp Ralph Lewis
Role
Director
Bought
5,000 shs ($123K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 5,000 | $24.625 | $123K |
Holdings After Transaction:
Class A Common Stock — 26,007 shares (Direct)
Key Figures
Shares purchased: 5,000 shares
Purchase price: $24.625 per share
Shares held after transaction: 26,007 shares
3 metrics
Shares purchased
5,000 shares
Class A Common Stock purchased on 2026-08-07
Purchase price
$24.625 per share
Price for the 5,000-share purchase
Shares held after transaction
26,007 shares
Total direct holdings following the reported purchase
Key Terms
Class A Common Stock, purchase in open market or private transaction, Rule 10b5-1
3 terms
Class A Common Stock financial
"The director purchased 5,000 shares of Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
purchase in open market or private transaction financial
"Transaction code description: purchase in open market or private transaction"
Rule 10b5-1 regulatory
"The transaction was not reported under a Rule 10b5-1 trading plan"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What insider transaction did Magnolia Oil & Gas (MGY) report for Ralph Lewis Ropp?
Magnolia Oil & Gas reported that director Ralph Lewis Ropp purchased 5,000 shares of Class A Common Stock on 2026-08-07. The filing classifies this as a purchase in an open market or private transaction.
Was the MGY insider purchase made under a Rule 10b5-1 trading plan?
No. The Form 4 indicates the Rule 10b5-1 checkbox is not affirmed, meaning the reported 5,000-share purchase was not designated as executed under a Rule 10b5-1 trading plan.
What type of security did the Magnolia Oil & Gas (MGY) director acquire?
The director acquired Class A Common Stock of Magnolia Oil & Gas. The Form 4 describes the transaction as a non-derivative purchase in an open market or private transaction, covering 5,000 shares at $24.625 per share.
AI-generated analysis. How Rhea-AI works. Not financial advice.
