Magnolia Oil & Gas (MGY) Director David Khani Buys 54 Shares

What Happened

• David M. Khani, a director of Magnolia Oil & Gas Corp (MGY), made an open-market purchase of 54 shares on 2026-09-01 at $26.78 per share, for a total cost of approximately $1,446. This was a purchase (transaction code P), which is a direct acquisition of company stock.

Key Details

• Transaction date and price: 2026-09-01, 54 shares at $26.78 each.
• Total value: ~$1,446.
• Shares owned after transaction: Not disclosed in the provided filing details.
• Notable footnotes: None indicated in the supplied data (no 10b5-1 plan, tax-withholding, or gift notation).
• Filing: Form 4 filed on 2026-09-03 (appears timely under the Form 4 reporting window).

Context

• This was a small open-market purchase; the dollar amount is modest and does not, on its own, imply a major change in insider conviction. Purchases are generally more informative than routine sales, but absent larger patterns or disclosed ownership changes, this single small buy should be viewed as a minor insider purchase.