4/A: MGIC Investment COO Amends Share Withholding Disclosure

Sentiment:

Insider Transaction Amendment


MGIC Investment Corporation's President & COO, Salvatore A. Miosi, filed an amended Form 4 to correct a clerical error in shares withheld for tax obligations.

Summary

  • Salvatore A. Miosi, President & COO of MGIC Investment Corporation (MTG), filed an amended Form 4 on March 20, 2026.
  • The amendment corrects a clerical error in a previous Form 4 filed on March 3, 2026.
  • The original filing incorrectly reported 129,302 shares withheld to satisfy tax obligations related to shares that vested on March 2, 2026.
  • The corrected number of shares withheld for tax obligations is 129,321 shares.
  • The 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 the reporting person.
  • Following the reported transaction and correction, Salvatore A. Miosi beneficially owns 601,882.361 shares of Common Stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event. While a clerical error occurred, the prompt correction demonstrates good governance and transparency, mitigating any potential negative sentiment from the initial error.

Negatives

  • A clerical error occurred in the initial filing regarding the number of shares withheld for tax obligations.

Industry Context

StockSavvy.ai notes that this filing is a routine amendment to an insider transaction, specifically correcting a clerical error in the number of shares withheld for tax purposes. It does not reflect broader industry trends or competitive dynamics within the mortgage insurance sector.

Stakeholder Impact

  • Shareholders: Minimal impact, as this is a correction to an administrative detail of an insider's beneficial ownership, not a change in company fundamentals or strategy.

Key Dates

DateDescription
03/02/2026Date shares vested and transaction (shares withheld for tax) occurred.
03/03/2026Date of the original Form 4 filing containing the clerical error.
03/20/2026Date the amended Form 4/A was signed and filed to correct the error.

Keywords

MGIC Investment, MTG, Salvatore A. Miosi, Form 4/A, Insider Transaction, Share Withholding, Tax Obligations, Beneficial Ownership

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