Magnolia Oil & Gas Corp·4

May 12, 4:11 PM ET

Acosta Arcilia 4

Research Summary

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Magnolia Oil & Gas (MGY) Director Acosta Receives 6,320 RSU Award

What Happened

  • Acosta Arcilia, a director of Magnolia Oil & Gas Corporation (MGY), received an award of 6,320 restricted stock units (RSUs) on May 8, 2026. The reported acquisition price is $0.00 (grant of RSUs), so no cash was paid at grant.

Key Details

  • Transaction date: 2026-05-08; Filing date: 2026-05-12 (Form 4 filed within the typical 2-business-day window).
  • Instrument and amount: 6,320 RSUs granted; reported price $0.00.
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Footnote: The RSUs were granted under the Magnolia Oil & Gas Long Term Incentive Plan. Each RSU is a contingent right to one share and will vest 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 continued service.

Context

  • RSUs are a grant that convert to company shares upon vesting; this is not a purchase or sale and is a routine form of director compensation. The award does not immediately increase publicly tradable float until the RSUs vest and shares are issued.