Magnolia Oil & Gas (MGY) director adds 86 shares in open‑market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Magnolia Oil & Gas Corp director Shandell Szabo bought 86 shares of Class A Common Stock in an open‑market transaction. The shares were purchased at a price of $27.439 per share. After this transaction, Szabo directly owns 20,710 shares of Magnolia Oil & Gas Class A Common Stock.
The filing notes that these reported purchases may be matchable against previously reported sales by Szabo, and $391.45 was disgorged to the issuer in connection with this filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 86 shares ($2,360)
Net Buy
1 txn
Insider
Szabo Shandell
Role
null
Bought
86 shs ($2K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 86 | $27.439 | $2K |
Holdings After Transaction:
Class A Common Stock — 20,710 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares purchased: 86 shares
Purchase price: $27.439 per share
Shares owned after transaction: 20,710 shares
+1 more
4 metrics
Shares purchased
86 shares
Open-market buy of Class A Common Stock on June 1, 2026
Purchase price
$27.439 per share
Price paid in the reported open-market transaction
Shares owned after transaction
20,710 shares
Total direct holdings of Class A Common Stock following the trade
Disgorged amount
$391.45
Amount disgorged to issuer related to purchases matchable against prior sales
Key Terms
open-market purchase, Class A Common Stock, disgorged to the issuer
3 terms
open-market purchase financial
"transaction_action: "open-market purchase" for the Class A Common Stock transaction"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Class A Common Stock financial
"security_title: "Class A Common Stock" for the reported transaction"
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.
disgorged to the issuer financial
"who disgorged to the issuer $391.45 in connection with this filing"
FAQ
What insider transaction did Magnolia Oil & Gas (MGY) director Shandell Szabo report?
Director Shandell Szabo reported an open-market purchase of Magnolia Oil & Gas Class A Common Stock. The filing shows Szabo bought 86 shares on June 1, 2026, adding to an existing direct ownership position in the company’s Class A Common Stock.
Was the Magnolia Oil & Gas (MGY) insider transaction by Shandell Szabo a buy or sell?
The insider transaction was a buy. The Form 4 lists the transaction code P, described as an open-market or private purchase, and classifies the direction as a net-buy, with 86 shares acquired and no shares sold in this specific filing.
What does the $391.45 disgorged to Magnolia Oil & Gas (MGY) in the Form 4 footnote mean?
The footnote explains that the reported purchases may be matchable against previously reported sales by the reporting person. In connection with this matching, $391.45 was disgorged to the issuer, meaning that amount was paid back to Magnolia Oil & Gas Corporation.