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Form 144 | Magnolia Oil & Gas(MGY.US)关联方拟出售99.66万股股份,价值约2,600.23万美元

Form 144 | Magnolia Oil & Gas(MGY.US) Insider Proposes to Sell 26 Million in Common Stocks

moomoo News ·  May 14 22:00

SEC FILLINGS DISCLOSED/ May 14, $Magnolia Oil & Gas (MGY.US)$ Insider EnerVest Energy Institutional Fund XIV-2A, L.P. intends to sell 996.64K shares of its common stock on May 14, with a total market value of approximately $26 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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