Form 4: Director Lowman Acquires MTG Shares via RSU Dividends

MGIC Investment Corp. Director Teresita M. Lowman acquired 154.856 shares of common stock through dividends on Restricted Stock Units.

Summary

• Teresita M. Lowman, a Director of MGIC Investment Corp. (MTG), reported a change in beneficial ownership.
• On November 20, 2025, Lowman acquired 154.856 shares of Common Stock.
• This acquisition was due to dividends paid on Restricted Stock Units (RSUs) awarded under the Issuer's Omnibus Incentive Plan, with no price paid by the reporting person.
• Following this transaction, Lowman's direct beneficial ownership of Common Stock increased to 28,884.4219 shares.

Sentiment

Score: 6

Explanation: The transaction represents a slight increase in insider ownership, which is generally viewed as a minor positive for shareholder alignment, though it's a passive acquisition via dividends rather than an active purchase.

Positives

• The acquisition of additional shares by a director, even through RSU dividends, increases their stake in the company, potentially aligning their interests more closely with shareholders.

Future Outlook

This filing is a report of an insider transaction and does not contain forward-looking statements or guidance.

Industry Context

This insider transaction is a routine disclosure and does not provide broader industry context or competitive analysis.

Stakeholder Impact

• Shareholders: Increased director ownership, even if passive, can signal continued alignment of interests between management and shareholders.

Key Dates

Recommendation

This Form 4 reports a routine acquisition of a small number of shares by a director through RSU dividends. While it slightly increases insider ownership, this transaction alone does not provide sufficient new information to warrant a change in a fundamental investment thesis, thus a 'hold' recommendation is maintained.

Keywords

MGIC Investment Corp, MTG, Form 4, Insider Transaction, Director, Common Stock, Restricted Stock Units, Dividends, Beneficial Ownership