Stavros Christopher G 4
Research Summary
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Magnolia Oil & Gas (MGY) CEO Stavros Christopher G Sells 119,954 Shares
What Happened Stavros Christopher G, CEO, Chairman and a director of Magnolia Oil & Gas Corp (MGY), disposed of 119,954 shares in an open-market/private sale on March 9, 2026. The reported weighted-average sale price was $29.29, producing proceeds of approximately $3,513,213.
Key Details
- Transaction date: 2026-03-09 (reported on Form 4 filed 2026-03-11)
- Type: Sale (Code S) — open market or private sale
- Shares sold: 119,954
- Price: Weighted average $29.29; individual trades ranged from $29.04 to $29.345 (see footnote F1)
- Proceeds: ~$3,513,213
- Shares owned after transaction: Not reported in this filing
- Footnote: F1 notes the weighted average and that the filer will provide breakdown of shares sold at each price on request
- Timeliness: Filing appears timely (transaction 3/9, Form 4 filed 3/11)
Context This filing documents a sale by the company’s CEO and chairman. Sales are common insider transactions and do not, by themselves, indicate the insider’s view of the company’s prospects. Purchases generally carry more informational weight for investors than routine sales.