Form 4: MGIC Investment Corp Director Acquires Shares and Holds Restricted Stock Units

Director Daniel A. Arrigoni acquired shares and holds restricted stock units in MGIC Investment Corp.

Summary

• On February 5, 2025, Director Daniel A. Arrigoni acquired 4,898.119 shares of MGIC Investment Corp common stock at a price of $25.52 per share.
• Following the transaction, Arrigoni directly owns 28,709.1114 shares of common stock.
• Arrigoni also indirectly owns 30,000 shares through a family trust.
• The reported transaction also includes Restricted Stock Units (RSUs) that will be settled in stock ten business days after February 1, 2026, unless a qualified election for a later distribution was made.
• These RSUs were awarded under the Issuer's 2020 Omnibus Incentive Plan and no price was paid for them.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard disclosure of insider trading activity. The director's purchase is a mildly positive signal, but not overwhelmingly so.

Positives

• The director's acquisition of shares could be seen as a positive signal, indicating confidence in the company's future prospects.

Future Outlook

The Restricted Stock Units (RSUs) will be settled in stock ten business days after February 1, 2026, unless a qualified election for a later distribution was made by the reporting person.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors often monitor these filings for signals about management's confidence in the company.

Stakeholder Impact

• Shareholders may view the director's stock purchase as a positive sign.

Key Dates

Keywords

MGIC Investment Corp, Director, Arrigoni, Share Acquisition, Restricted Stock Units, MTG, Beneficial Ownership, Form 4