4Accepted Sep 3, 4:43 PM ET
Magnolia (MGY) Director Acosta Receives RSU Award
Accepted (ET)
4:43 PM
Sep 3, 2026
Filed
Sep 3, 2026
Documents
1
Size
5.5 KB
Summary
Magnolia (MGY) Director Acosta Receives RSU Award
What Happened
- Acosta Arcilia, a director of Magnolia Oil & Gas Corporation (MGY), was granted 80 restricted stock units (RSUs) on September 1, 2026. The RSUs were issued at $0.00 (award), so no cash was exchanged. Each RSU represents a contingent right to receive one share of Class A common stock.
Key Details
- Transaction date and price: 2026-09-01; 80 RSUs @ $0.00.
- Reported filing date: 2026-09-03 (Form 4 accession 0001629039-26-000019); filing appears timely (Form 4 is generally due within two business days).
- Shares owned after transaction: Not specified in the filing.
- Footnote: The 80 RSUs reflect additional fully‑vested RSUs issued under the company’s Long Term Incentive Plan as dividend equivalent rights on previously deferred RSUs (each RSU = contingent right to one share).
Context
- This was an award (compensation/dividend-equivalent issuance), not a purchase or sale, and is typically part of director compensation rather than an insider market signal. The grant is small in size (80 RSUs) and fully vested per the filing.