DJEREJIAN EDWARD P 4

What Happened
Edward P. Djerejian, a director of Magnolia Oil & Gas Corporation (MGY), was granted 6,320 restricted stock units (RSUs) on May 8, 2026. The Form 4 reports the acquisition price as $0.00 because these RSUs are an award — not an open‑market purchase — and represent contingent rights to company shares under the Long Term Incentive Plan.

Key Details

• Transaction date: 2026-05-08 (Form 4 filed 2026-05-12).
• Security: 6,320 RSUs granted (transaction code A — award/grant). Reported price: $0.00.
• Shares owned after transaction: not specified in the provided filing.
• Footnote: RSUs vest on the earlier of (a) the day before the next annual meeting where directors are elected, or (b) the first anniversary of the grant, subject to continued service.
• Filing timing: Form 4 was filed four days after the grant; Form 4s are typically due within two business days of the transaction.

Context
RSUs are deferred compensation that convert into shares if and when they vest; they are common for directors and executives and do not represent a purchase or sale that signals immediate market sentiment. This grant appears to be routine director compensation under Magnolia’s long‑term incentive plan rather than an investment transaction.