Szabo Shandell 4
4 · Magnolia Oil & Gas Corp · Filed Mar 31, 2026
Research Summary
AI-generated summary of this filing
Magnolia Oil & Gas (MGY) Director Szabo Shandell Sells 11,731 Shares
What Happened Szabo Shandell, a director of Magnolia Oil & Gas Corp (MGY), sold 11,731 shares in open-market transactions on March 30, 2026. The reported weighted-average price was $31.98 per share (range $31.9801–$31.99), for total proceeds of approximately $375,169. This was a sale (liquidity/portfolio action), not a purchase.
Key Details
- Transaction date: 2026-03-30; Form 4 filed: 2026-03-31 (timely filing).
- Shares sold: 11,731; weighted average price: $31.98; price range: $31.9801–$31.99.
- Proceeds: ~$375,169.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: The reported price is a weighted average; the filer can provide a breakdown of the number of shares sold at each price within the stated range upon request.
- No 10b5‑1 plan, tax-withholding, or late-filing indication appeared in the provided excerpt.
Context Insider sales are often routine (for diversification, tax or personal-liquidity reasons) and do not by themselves indicate company performance. Purchases generally attract more attention as potential bullish signals. Retail investors should consider this sale alongside other insider activity, company fundamentals, and market conditions before drawing conclusions.
Insider Transaction Report
- Sale
Class A Common Stock
[F1]2026-03-30$31.98/sh−11,731$375,169→ 14,304 total
Footnotes (1)
- [F1]The price reported in column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $31.9801 to $31.99, inclusive. The reported person undertakes to provide to the Company, any Company security holder, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.