Magnolia (MGY) Director Acosta Receives 72 RSUs

What Happened
Acosta Arcilia, a director of Magnolia Oil & Gas Corporation (MGY), was issued 72 restricted stock units (RSUs) on June 1, 2026. The Form 4 reports the acquisition as an award (transaction code A) at $0.00 per RSU (reported value $0). These RSUs were issued as dividend equivalent units tied to previously deferred RSUs rather than as an open‑market purchase.

Key Details

• Transaction date: 2026-06-01; Form 4 filed: 2026-06-03 (appears timely under the 2‑business‑day rule).
• Transaction type/code: Award/Grant (A).
• Shares/units acquired: 72 RSUs; report shows acquisition price $0.00.
• Shares owned after transaction: Not specified in the filing.
• Footnote: The RSUs reflect fully‑vested dividend equivalent units issued under the company’s Long Term Incentive Plan with respect to cash dividends on June 1, 2026. Each RSU represents a contingent right to receive one share of Class A common stock.

Context
RSUs are a form of equity compensation giving a contingent right to receive shares (or value) and here were issued as dividend equivalents on deferred RSUs. This is a routine corporate compensation/dividend-related issuance, not an open‑market purchase or sale, and should not be interpreted alone as a buy or sell signal.