Form 4: Magnolia Oil & Gas Executive Timothy D. Yang Reports Changes in Beneficial Ownership
SEC Filing
EVP Timothy D. Yang of Magnolia Oil & Gas Corporation reports a transaction involving Class A Common Stock on March 1, 2024.
Summary
- On March 1, 2024, Timothy D. Yang, EVP GENERAL COUNSEL & SEC of Magnolia Oil & Gas Corporation, reported a transaction.
- The transaction involved Class A Common Stock.
- 44,091 shares were disposed of at a price of $23.
- Following the transaction, Yang directly owns 639,195 shares of Class A Common Stock.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing, reflecting a neutral sentiment as it reports a transaction without expressing any positive or negative outlook.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency to the market regarding their transactions in the company's stock.
Stakeholder Impact
- The transaction may have a minor impact on shareholders as it reflects an insider's decision to sell shares, but the overall impact is likely minimal given the size of the transaction relative to the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 03/01/2024 | Date of transaction involving Class A Common Stock |
| 03/05/2024 | Date of signature on the Form 4 filing |
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