Form 4: MGIC Investment Corp Director Allen Acquires Shares and RSUs

Director Analisa M. Allen acquired common stock and Restricted Stock Units (RSUs) of MGIC Investment Corp on February 5, 2025.

Summary

• On February 5, 2025, Analisa M. Allen, a director of MGIC Investment Corp, acquired 4,898.119 shares of common stock at a price of $25.52 per share.
• Allen also acquired 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 is made.
• These RSUs were awarded pursuant to the Issuer's 2020 Omnibus Incentive Plan.
• Allen participates in the MGIC Investment Corporation Deferred Compensation Plan for Non-Employee Directors, under which Share Units are awarded or acquired through compensation deferral.
• Following the reported transactions, Allen beneficially owns 29,327.1121 shares of common stock.
• Allen also owns 4,402.2679 Share Units.

Sentiment

Score: 6

Explanation: Neutral sentiment. The director's acquisition is a positive sign, but it's a routine transaction. The impact is likely limited.

Positives

• Director's acquisition of shares may signal confidence in the company's future prospects.

Future Outlook

The RSUs will be settled in stock ten business days after February 1, 2026, unless a qualified election for a later distribution is made.

Industry Context

Form 4 filings are standard disclosures for corporate insiders and provide transparency into their trading activities, which can be indicative of their sentiment towards the company's prospects. Monitoring these filings is a common practice among investors.

Comparison to Industry Standards

• Comparing insider trading activity at MGIC to peers like Radian Group (RDN) or Essent Group (ESNT) can provide context.
• For example, if other directors in similar companies are also acquiring shares, it could signal a positive industry outlook.
• Conversely, widespread selling could indicate concerns.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment.

Key Dates

Keywords

MGIC Investment Corp, Form 4, Director, Analisa M. Allen, Common Stock, RSUs, Share Units, Beneficial Ownership, Deferred Compensation Plan