Form 4: MGIC Director Acquires Shares Through RSU Dividends

MGIC Investment Corp. Director Michael Leal Thompson acquired 26.83 shares of common stock through dividends on Restricted Stock Units.

Summary

• Michael Leal Thompson, a Director of MGIC Investment Corp. (MTG), acquired 26.83 shares of common stock.
• The acquisition occurred on November 20, 2025.
• These shares were received as dividends paid on Restricted Stock Units (RSUs) awarded under the company's Omnibus Incentive Plan.
• No price was paid by Mr. Thompson for these shares.
• Following this transaction, Mr. Thompson beneficially owns 13,425.964 shares of MGIC common stock.

Sentiment

Score: 7

Explanation: The filing reports a routine acquisition of shares by a director through RSU dividends, which is a standard part of compensation and indicates continued alignment of interests with shareholders. It is a neutral to slightly positive event.

Positives

• Director Michael Leal Thompson increased his beneficial ownership in MGIC Investment Corp. by 26.83 shares.
• The acquisition of shares through RSU dividends indicates the ongoing vesting and dividend distribution from the company's incentive plan, aligning director interests with shareholders.

Future Outlook

NA

Industry Context

This Form 4 reports a routine insider transaction, specifically the acquisition of shares by a director through dividend reinvestment on Restricted Stock Units. Such transactions are common in publicly traded companies as part of executive compensation and incentive plans, reflecting standard corporate governance practices rather than specific industry-wide trends.

Comparison to Industry Standards

• The acquisition of shares via RSU dividends is a standard component of executive and director compensation packages across various industries, aligning with common practices for incentivizing long-term stakeholder alignment.

Related Party Transactions

• Director Michael Leal Thompson acquired shares from MGIC Investment Corp. as dividends on Restricted Stock Units, which is a transaction between a company and a related party (an insider).

Stakeholder Impact

• Shareholders: The transaction increases a director's stake, potentially signaling confidence and aligning interests.

Key Dates

Keywords

MGIC, MTG, Form 4, insider transaction, director, common stock, RSU, dividends, beneficial ownership