Form 4: MGIC Investment Corp Director Acquires Shares and Holds Securities in Family Trust
SEC Form 4
Director Daniel A. Arrigoni acquired shares of MGIC Investment Corp and holds additional shares through a family trust.
Summary
- On August 22, 2024, Daniel A. Arrigoni, a director of MGIC Investment Corp, acquired 34.269 shares of common stock at no cost due to dividends paid on Restricted Stock Units.
- Following the transaction, Arrigoni directly owns 23,777.2634 shares of MGIC Investment Corp.
- Arrigoni also indirectly owns 30,000 shares through a family trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a director's stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company directors.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it involves a small number of shares acquired through dividend payments.
Key Dates
| Date | Description |
|---|---|
| 08/22/2024 | Date of transaction: Acquisition of common stock. |
| 08/23/2024 | Date of signature by Attorney-in-Fact. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.