Form 4: Magnolia Oil & Gas Director Edward P. Djerejian Reports Acquisition of Class A Common Stock

Director Edward P. Djerejian reports acquisition of 7,940 shares of Class A Common Stock in Magnolia Oil & Gas Corp.

Summary

• On May 7, 2025, Edward P. Djerejian, a director of Magnolia Oil & Gas Corp, acquired 7,940 shares of Class A Common Stock.
• These shares were obtained through restricted stock units (RSUs) granted under the company's Long Term Incentive Plan.
• The RSUs will vest on the earlier of the day preceding the next annual meeting of stockholders or the first anniversary of the grant date, contingent upon continued service.
• Following the transaction, Djerejian directly owns 128,425 shares of Class A Common Stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as it reflects standard executive compensation practices and aligns director interests with shareholders.

Positives

• The grant of RSUs aligns the director's interests with those of the shareholders, incentivizing continued service and performance.

Future Outlook

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.

Industry Context

This filing is a routine disclosure of a director's stock ownership change, which is common in publicly traded companies. It reflects part of the company's compensation strategy to align management's interests with shareholders.

Stakeholder Impact

• Shareholders may view the RSU grant positively as it aligns the director's interests with the company's long-term performance.

Key Dates

Keywords

Magnolia Oil & Gas, Director, Edward Djerejian, Class A Common Stock, RSUs, Long Term Incentive Plan, Beneficial Ownership, Form 4