Company: MGY
Filing Date: 2025-03-20
Form Type: DEF 14A
Source: 0001558370-25-003377
Chunk: 32

Company: Magnolia Oil & Gas Corp
Filing Date: 2025-03-20
Form: DEF 14A
Chunk 32
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Us (including any additional RSUs previously credited on such deferred RSUs) held on any dividend record date, divided by the closing price of our Class A Common Stock on the dividend payment date. These additional RSUs are paid out at the time specified for the deferred RSUs. As of December 31, 2024, Ms. Acosta held 11,733 RSUs (including 733 additional RSUs credited as dividend equivalents) in the nonqualified deferred compensation plan. At the time of her departure from the Board on May 6, 2024, Ms. Busch held 65,700 vested RSUs (including 2,540 additional RSUs credited as dividend equivalents) in the nonqualified deferred compensation plan, which RSUs were settled in shares of our Class A Common Stock delivered immediately following her departure in accordance with the terms of the nonqualified deferred compensation plan. Stock Ownership Guidelines Within five years of appointment to the Board, each non-employee director is required to hold shares of the Company with a fair market value equal to five times the non-employee director’s annual retainer amount. Shares directly beneficially owned and unvested time-based restricted stock and RSUs are counted towards satisfying the guideline. All of our non-employee directors are currently in compliance with the guideline or are expected to satisfy the guideline within the applicable time period.

| ​                  |  ​ | ​                    |
| Magnolia Oil & Gas | 28 | 2025 Proxy Statement |

Director Compensation

Director Compensation Table The following table contains information about our non-employee directors’ compensation for the 2024 fiscal year:

| ​                     
 ​                     
 ​                     
 ​                     
 Name                  | ​ 
 ​ 
 ​ | ​           
 Fees Earned 
 or Paid     
 in Cash     
 ($)         |       ​ | ​ 
 ​ 
 ​ 
 ​ | ​       
 ​       
 Stock   
 Awards  
 ($) (1) |       ​ 
       ​ | ​ 
 ​ 
 ​ 
 ​ | ​     
 ​     
 ​     
 Total 
 ($)   |       ​ 
       ​ 
       ​ |
|:----------------------|:--|:------------|--------:|:--|:--------|--------:|:--|:------|--------:|
| Arcilia C. Acosta     | ​ | $           | 100,000 | ​ | $       | 164,191 | ​ | $     | 264,191 |
| Angela M. Busch (2)   | ​ | $           |  31,401 |