Magnolia Oil & Gas Director David M. Khani Buys 8,000 Shares

What Happened
David M. Khani, a director of Magnolia Oil & Gas Corp (MGY), acquired 8,000 shares on August 7, 2026. The reported purchase price was $25.00 per share, for a total transaction value of $200,000. The Form 4 lists the transaction code "P" (purchase), indicating an open-market or private purchase.

Key Details

• Transaction date: 2026-08-07; Price: $25.00 per share; Total value: $200,000.
• Transaction code: P (purchase — open market or private purchase).
• Shares owned after transaction: Not disclosed in the provided filing summary.
• Footnotes/plan: No 10b5-1 plan or other footnotes reported in the provided details.
• Filing date: 2026-08-11 — four days after the transaction date; this may exceed the typical two business-day Form 4 reporting window and could be considered late.

Context
Purchases by company insiders are often watched by investors as one signal of an insider adding to their stake, but they are not proof of future performance. This filing simply reports the acquisition; it does not state any motivation or whether the shares were purchased on the open market versus in a private transaction.