4/A: MGIC CFO Amends Ownership Filing, Corrects Tax Withholding

MGIC Investment Corp's EVP, CFO & CRO, Nathaniel H. Colson, filed an amended Form 4 to correct a clerical error in tax withholding shares.

Summary

• Nathaniel H. Colson, EVP, CFO & CRO of MGIC Investment Corp, filed an amended Form 4 (Form 4/A) to correct a previous filing.
• The amendment addresses a clerical error in the calculation of shares withheld to satisfy tax obligations related to shares that vested on March 2, 2026.
• The original Form 4, filed on March 3, 2026, incorrectly reported 86,336 shares withheld.
• The corrected filing states that 86,349 common shares were withheld at a price of $26.53 per share.
• This correction results in a decrease in the total amount of shares beneficially owned by Mr. Colson, bringing the new total to 361,225.972 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it is a routine correction of a clerical error in an insider transaction report and does not reflect on company performance or strategy.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that Form 4/A filings are routine for correcting minor errors in insider transaction reports and typically do not indicate broader industry trends or competitive shifts. This specific amendment is administrative in nature.

Stakeholder Impact

• Shareholders: Minor adjustment to reported insider ownership, no material impact on company valuation or operations.

Key Dates

Recommendation

This filing is an administrative correction of a clerical error in an insider transaction report and does not provide new information regarding the company's financial performance, strategic direction, or operational health that would warrant a change in investment recommendation.

Keywords

MGIC Investment Corp, MTG, Form 4/A, Beneficial Ownership, Insider Transaction, Tax Withholding, Clerical Error, Nathaniel H. Colson, CFO, CRO