Form 4: MGIC CFO Sells Shares for Tax Obligations

MGIC Investment Corp's EVP, CFO & CRO, Nathaniel H. Colson, disposed of 86,336 shares of common stock to cover tax liabilities.

Summary

• Nathaniel H. Colson, EVP, CFO & CRO of MGIC Investment Corp, reported a transaction involving company common stock.
• On March 2, 2026, Colson disposed of 86,336 shares of common stock.
• The transaction was coded 'F', indicating a payment of tax liability by withholding securities.
• The shares were disposed of at a price of $26.53 per share.
• Following this transaction, Colson directly owns 361,238.972 shares of MGIC Investment Corp common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, typical for executive compensation and tax planning, and not indicative of a change in the company's operational or financial health.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider transactions, particularly those for tax purposes, are common and generally do not signal a change in management's outlook on the company's fundamentals. This transaction is specific to an individual's tax planning rather than a strategic move.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine tax-related transaction by an executive, not a signal of fundamental change.

Key Dates

Recommendation

This Form 4 reports a routine disposition of shares by an executive to cover tax obligations, which is a common and expected event. It does not provide new information regarding the company's operational performance, strategic direction, or financial health that would warrant a change in investment recommendation. Investors should maintain their current position based on broader company fundamentals.

Keywords

MGIC Investment Corp, MTG, Form 4, insider transaction, stock sale, CFO, tax withholding, beneficial ownership