Form 4: MGIC Investment COO Sells Shares Under 10b5-1 Plan

MGIC Investment Corp's President & COO, Salvatore A. Miosi, reported the sale of 30,000 shares of common stock under a pre-arranged trading plan.

Summary

• Salvatore A. Miosi, President & COO of MGIC Investment Corp, reported transactions involving the company's common stock.
• A total of 30,000 shares of common stock were sold on February 2, 2026, at a weighted average price of $27.266 per share.
• This sale was executed pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on March 6, 2025.
• Prior to the sale, shares were transferred from a family trust to the reporting person: 75,005 shares on February 14, 2025, and 309,839 shares on January 21, 2026. These transfers were voluntarily reported.
• Following the reported transactions, Salvatore A. Miosi directly beneficially owns 454,245.361 shares of common stock.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, typical for executive financial planning under a Rule 10b5-1 plan, and not directly reflective of the company's operational performance or future prospects.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that insider sales, especially those executed under a Rule 10b5-1 plan, are common for executives managing personal finances and diversifying portfolios, and do not necessarily reflect a change in company outlook.

Key Dates

Recommendation

The reported sale by the President & COO is part of a pre-arranged Rule 10b5-1 trading plan, indicating a planned diversification or liquidity event rather than a reaction to new material information. As such, it does not provide a strong signal for a change in investment thesis for MGIC Investment Corp, warranting a 'hold' recommendation based solely on this filing.

Keywords

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