AI brief of an SEC Form 8-K · Magnolia Oil & Gas (MGY)

Magnolia Oil & Gas appoints R. Lewis Ropp to board as independent director

Neutral Impact 2 of 5 leadership Written later

Magnolia Oil & Gas Corporation appointed R. Lewis Ropp as an independent director effective January 7, 2025, filling a board vacancy, and he joined the Audit Committee. The filing describes his prior roles in investment management and oil and gas operations, and it discloses his director compensation, including an initial restricted stock unit award valued at approximately $165,000 before proration.

Key points

  • Appointed January 7, 2025, effective immediately, to fill a Board vacancy; serves until the 2025 annual meeting of stockholders
  • Also appointed to the Audit Committee; the Board determined he is independent under NYSE standards
  • Initial restricted stock unit award valued at approximately $165,000 at grant, prorated for partial-year service
  • Retired from Barrow Hanley Global Investors in June 2024, after serving there from October 2001

The filing

CompanyMagnolia Oil & Gas (MGY)
Form8-K, current report
Filed with the SECJan 7, 2025, 7:17 AM ET
Accession number0001558370-25-000043

Items reported: 5.02 Director / Officer Change7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on January 07, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.