Corales Brian 4

What Happened
Brian Corales, Chief Financial Officer of Magnolia Oil & Gas Corp (MGY), sold 33,000 shares in an open-market sale on March 9, 2026. The filing reports a weighted-average price of $29.12 per share, for total proceeds of approximately $960,960. The sale was executed in multiple transactions at prices ranging from $29.04 to $29.21.

Key Details

• Transaction date: 2026-03-09 (reported on Form 4 filed 2026-03-11). Filing appears timely.
• Price: weighted average $29.12; individual trade prices ranged $29.04–$29.21 (per footnote).
• Shares sold: 33,000; proceeds ≈ $960,960.
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Footnote: the reported price is a weighted average; the filer can provide a breakdown of how many shares sold at each price within the stated range upon request.
• No indication in the excerpt of a 10b5-1 plan, option exercise, gift, or tax-withholding related to this transaction.

Context
This was a sale, which is often routine (e.g., diversification or liquidity) and not necessarily a signal about company prospects. Purchases tend to be more informative about insider sentiment; this filing shows only the disposal.