Magnolia (MGY) EVP Timothy Yang Receives Award; 5,270 Shares Withheld

What Happened

• Timothy D. Yang, EVP, Chief Legal & Communications & Secretary of Magnolia Oil & Gas Corp (MGY), received an award of 13,392 shares on 2026-09-24 (transaction code A, acquired at $0.00).
• Simultaneously, 5,270 shares were disposed (transaction code F) to satisfy tax withholding at $24.74 per share, totaling $130,380. This appears to be a standard award vesting with shares withheld for taxes rather than an open-market sale. Net new shares retained from the award = 13,392 − 5,270 = 8,122 shares.

Key Details

• Transaction date(s): 2026-09-24; Form 4 filed 2026-09-25 (timely).
• Awarded shares: 13,392 @ $0.00 (code A).
• Shares withheld/disposed for taxes: 5,270 @ $24.74 each, proceeds $130,380 (code F).
• Net shares retained from this award: 8,122 (13,392 awarded minus 5,270 withheld).
• Shares owned after transaction: not specified in the supplied summary of the filing.
• No 10b5-1 trading plan, late filing flag, or other special footnotes were indicated in the provided data.

Context

• This is an award/vesting event, not an open-market sale or purchase — the disposed shares were used to satisfy tax obligations (common for RSUs or similar awards).
• Such tax-withholding dispositions are routine and do not necessarily indicate a decision to sell shares for investment reasons.