DJEREJIAN EDWARD P 4

What Happened Edward P. Djerejian, a director of Magnolia Oil & Gas Corp (MGY), sold 18,000 shares in an open-market transaction on March 10, 2026. The shares were disposed at a weighted average price of $28.98 per share, for total proceeds of approximately $521,604. This was a sale (S) rather than a purchase — routine insider sales are common and do not by themselves indicate company outlook.

Key Details

• Transaction date: 2026-03-10 (Period of Report: 2026-03-10). Filing date / accession: filed 2026-03-11 (Accession 0001173584-26-000002) — filed timely under Form 4 rules.
• Price reported (weighted average): $28.98 per share; individual trade prices ranged from $28.90 to $29.025 (see footnote).
• Shares sold: 18,000; approximate gross proceeds: $521,604.
• Shares owned after transaction: not disclosed in the provided filing.
• Footnote: the reported price is a weighted average; the seller notes the shares were sold in multiple trades at prices between $28.90 and $29.025 and offers to provide a full breakdown on request.

Context This was an outright sale of existing shares (transaction code S) executed on the open market. Sales by directors can be for many personal reasons (diversification, tax/liquidity needs, etc.); they are not a definitive signal of company performance. Purchases tend to attract more attention from investors as stronger signals of insider conviction.