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Form 144 | Magnolia Oil & Gas(MGY.US)董事拟出售64.47万股股份,价值约1,670.48万美元

Form 144 | Magnolia Oil & Gas(MGY.US) Director Proposes to Sell 16.7 Million in Common Stocks

Futu News ·  Sep 24 09:34

SEC FILLINGS DISCLOSED/ Sep 23, $Magnolia Oil & Gas (MGY.US)$ Director EnerVest Energy Institutional Fund XIV-3A, L.P. intends to sell 644.72K shares of its common stock on Sep 23, with a total market value of approximately $16.7 million.

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What is Form 144?

Form 144: Notice of Proposed Sale of Securities is a document issued by the Securities and Exchange Commission (SEC). Individuals such as executive officers and affiliates of a US-listed company must submit this form to the SEC when they intend to sell more than 5,000 shares or units of that company's stock, or if the sale price adds up to more than $50,000 in any three-month period. This regulation is known as Rule 144, under the Securities Act of 1933.

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