Khani David M. 4

What Happened

• David Khani, a director of Magnolia Oil & Gas Corp (MGY), received a grant of 6,320 restricted stock units (RSUs) on May 8, 2026. The RSUs were recorded at $0.00 cash paid (a standard award/grant, not an open‑market purchase). Each RSU represents a contingent right to receive one share of Class A common stock upon vesting.

Key Details

• Transaction date and price: May 8, 2026; 6,320 RSUs granted; $0.00 cash paid (award).
• Shares owned after transaction: Not specified in the Form 4 filing provided.
• Footnote: The RSUs were granted under the Long Term Incentive Plan. Each RSU converts to one share when vested; vesting occurs 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 the director’s continued service (per footnote F1).
• Filing timeliness: Form 4 was filed on May 12, 2026 for a May 8 transaction — within the typical two business‑day reporting window (not indicated as late).

Context

• RSU grants are compensation awards, not purchases or sales. They create a contingent right to receive shares if and when vesting conditions are met, so they are less directly indicative of the insider’s near‑term market view than open‑market purchases or sales.