Form 4: MGIC Investment Corp Director Acquires Additional Shares

Michael Leal Thompson, a director at MGIC Investment Corp, acquired additional shares of common stock through dividend payments on restricted stock units.

Summary

• On March 5, 2025, Michael Leal Thompson, a director of MGIC Investment Corp, acquired 26.959 shares of common stock.
• The acquisition was a result of dividends paid on restricted stock units awarded under the Issuer's 2020 Omnibus Incentive Plan.
• The price paid by the reporting person for these shares was $0.
• Following the transaction, Thompson directly owns 13,348.078 shares of MGIC Investment Corp.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction (dividend payment) and doesn't indicate any major positive or negative development for the company.

Positives

• A director increasing their stake in the company can be seen as a positive signal.

Industry Context

Form 4 filings are routine and provide transparency into the transactions of company insiders, allowing investors to track ownership changes.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it signals confidence from a company director.

Key Dates