Form 4: MGIC COO Sells 30,000 Shares Under 10b5-1 Plan

MGIC Investment Corp's President & COO, Salvatore A. Miosi, sold 30,000 shares of common stock for approximately $28.40 per share under a pre-arranged trading plan.

Summary

• Salvatore A. Miosi, President & COO of MGIC Investment Corporation, reported the sale of 30,000 shares of common stock.
• The transaction occurred on December 1, 2025, at a weighted average price of $28.401 per share.
• The shares were sold in multiple transactions with prices ranging from $28.280 to $28.510.
• This sale was executed pursuant to a Rule 10b5-1 trading plan, which was adopted by Mr. Miosi on March 6, 2025.
• Following the reported transaction, Mr. Miosi directly beneficially owns 129,401.361 shares of common stock.
• Additionally, Mr. Miosi indirectly beneficially owns 384,844 shares through a family trust.

Sentiment

Score: 5

Explanation: The filing reports a standard insider stock sale executed under a pre-arranged 10b5-1 trading plan, which is a common practice for executives and generally considered neutral in terms of market sentiment as it is not indicative of new information or a change in outlook.

Future Outlook

NA

Industry Context

This Form 4 filing reports a routine insider transaction under a pre-arranged 10b5-1 trading plan. Such transactions are common among corporate executives for personal financial planning and typically do not reflect specific company or industry-wide strategic shifts.

Stakeholder Impact

• Shareholders: The sale represents a minor reduction in direct insider ownership, but the pre-planned nature mitigates concerns about management's confidence. The total beneficial ownership remains substantial.

Key Dates

Keywords

MGIC, MTG, insider trading, stock sale, 10b5-1 plan, Salvatore Miosi, corporate officer