$MGY·8-K

Magnolia Oil & Gas Corp · May 8, 4:07 PM ET

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Magnolia Oil & Gas Corp 8-K

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Magnolia Oil & Gas Corp Reports 2026 Annual Meeting Results

What Happened
Magnolia Oil & Gas Corporation filed an 8‑K reporting the results of its 2026 Annual Meeting of Stockholders held on May 8, 2026. All eight director nominees were elected to one‑year terms, stockholders approved the advisory (non‑binding) say‑on‑pay vote for 2025 executive compensation, and KPMG LLP was ratified as the company’s independent registered public accounting firm for fiscal year 2026. Proxies were solicited under Regulation 14A of the Securities Exchange Act of 1934.

Key Details

  • Eight nominees elected (one‑year terms). For votes ranged from 159,322,189 to 174,593,907; broker non‑votes: 3,800,061 for each director. Notable vote totals:
    • Arcilia C. Acosta: For 159,322,189; Withheld 16,325,614; Broker non‑votes 3,800,061
    • R. Lewis Ropp: For 174,593,907; Withheld 1,053,896; Broker non‑votes 3,800,061
  • Say‑on‑pay (advisory) approved: For 172,184,401; Against 3,156,663; Abstentions 306,739; Broker non‑votes 3,800,061.
  • Auditor ratification: KPMG LLP ratified as independent registered public accounting firm for 2026 — For 178,579,318; Against 589,404; Abstentions 279,142.
  • Report signed May 8, 2026 by Timothy D. Yang, EVP, Chief Legal & Commercial Officer and Corporate Secretary.

Why It Matters
These outcomes confirm the company’s board composition and governance direction for the coming year, provide stockholder assent to 2025 executive compensation on an advisory basis, and establish KPMG as the external auditor for fiscal 2026. Vote totals (including withheld votes and broker non‑votes) give investors transparency on levels of shareholder support and any notable dissent on individual directors or pay practices.

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