Form 4: MGIC Investment Corp Director Acquires Shares Through Dividend Reinvestment

Director Michael Leal Thompson acquired 34.269 shares of MGIC Investment Corp through dividend payments on restricted stock units.

Summary

• On August 22, 2024, Michael Leal Thompson, a director of MGIC Investment Corporation, acquired 34.269 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.
• Following the transaction, Thompson directly owns 8,389.264 shares of MGIC Investment Corp.
• No price was paid by the reporting person for the shares.

Sentiment

Score: 6

Explanation: The document reflects a routine transaction (dividend reinvestment) and doesn't contain information that would significantly sway investor sentiment positively or negatively.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future performance.

Industry Context

This is a routine filing related to insider transactions, specifically the acquisition of shares through dividend reinvestment. It's common for executives and directors to receive stock-based compensation and reinvest dividends.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it involves a small number of shares acquired through dividend reinvestment.

Key Dates