SMITH DAN F 4

What Happened
Dan F. Smith, a director of Magnolia Oil & Gas Corporation (MGY), received an award of 8,028 restricted stock units (RSUs) on 2026-05-08. The filing shows the RSUs were granted at $0.00 (an award/grant, not a purchase or sale); the reported transaction value is $0. This is a grant of equity compensation rather than an open-market buy or sale.

Key Details

• Transaction date: 2026-05-08 — Grant (code A) of 8,028 RSUs at $0.00.
• Filing date: 2026-05-12 (4 days after the grant). Investors may wish to note the filing date relative to the grant date.
• Shares owned after transaction: Not disclosed in the excerpt provided.
• Footnote summary: Each RSU represents a contingent right to one share of Class A common stock. RSUs vest on the earlier of (a) the day before the next annual meeting at which directors are elected, or (b) the first anniversary of the grant date, subject to continued service.
• No exercise, sale, tax-withholding, or 10b5-1 plan indicated in the reported transaction.

Context
RSU grants are a common form of director compensation; they convert to actual shares only if/when they vest and typically do not involve an immediate cash transaction or open-market trade. Because this is an award rather than a purchase or sale, it should be read as routine compensation disclosure rather than a direct market sentiment signal.