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 $29.13 per share under a pre-arranged trading plan.

Summary

• Salvatore A. Miosi, President & COO of MGIC Investment Corporation, reported a sale of common stock.
• The transaction involved the disposition of 30,000 shares of common stock.
• The shares were sold at a weighted average price of $29.132 per share.
• Individual sales prices ranged from $28.849 to $29.295.
• The sale was executed on January 2, 2026, pursuant to a Rule 10b5-1 trading plan adopted on March 6, 2025.
• Following the transaction, Mr. Miosi directly beneficially owns 99,401.361 shares of common stock.
• Additionally, Mr. Miosi indirectly beneficially owns 384,844 shares through a family trust.

Sentiment

Score: 5

Explanation: The sentiment is neutral as this is a routine insider transaction executed under a pre-arranged 10b5-1 trading plan, which typically does not reflect new information or a change in management's outlook on the company's prospects.

Key Dates

Recommendation

This Form 4 reports a planned insider sale under a Rule 10b5-1 trading plan, which was adopted well in advance of the transaction date. Such sales are generally considered routine for executive compensation and diversification purposes and do not typically signal a change in the company's fundamental outlook or warrant a strong buy or sell recommendation. Therefore, a 'hold' recommendation is appropriate, maintaining current positions based on broader company fundamentals rather than this specific insider transaction.

Keywords

MGIC Investment Corporation, MTG, Salvatore A. Miosi, Insider Sale, Form 4, 10b5-1 Plan, Common Stock