Acosta Arcilia 4

What Happened Acosta Arcilia, a director of Magnolia Oil & Gas Corp (MGY), sold 19,235 shares on March 9, 2026. The sale generated approximately $559,777 at a reported weighted-average price of $29.10. The shares were sold in multiple transactions (see footnote for price range). This was a sale (often routine insider liquidity) rather than a purchase.

Key Details

• Transaction date: 2026-03-09 (reported on Form 4 filed 2026-03-11). Filing appears timely (within the SEC's 2-business-day reporting window).
• Quantity and price: 19,235 shares sold; weighted-average price $29.10; trades occurred at prices ranging $29.10 to $29.12 (footnote).
• Proceeds: roughly $559,777 (as reported).
• Shares owned after transaction: not specified in the provided filing details.
• Footnote: The price shown is a weighted average. The filer states these shares were sold in multiple transactions at prices from $29.10 to $29.12 and will provide a per-price breakdown to the company, any shareholder, or the SEC staff upon request.
• No 10b5-1 plan, option exercise, award, gift, or tax-withholding notation was reported in the provided data.

Context This was an open-market sale by a company director. Sales by insiders can be routine (diversification or personal liquidity) and do not by themselves indicate a change in company fundamentals. For retail investors, purchases tend to carry clearer signals of insider confidence than routine sales.