Form 4: MGIC Investment Corp Director Allen Acquires Shares and Share Units

Director Analisa M. Allen reports acquisition of common stock and share units in MGIC Investment Corp through dividend payments and phantom dividend reinvestment.

Summary

• On March 5, 2024, Analisa M. Allen, a director of MGIC Investment Corp, acquired 139.086 shares of common stock through dividend payments on restricted stock units.
• Allen also acquired 25.065 share units through phantom dividend reinvestment in the MGIC Investment Corporation Deferred Compensation Plan for Non-Employee Directors.
• Following these transactions, Allen directly owns 24,037.6531 shares of common stock and 4,331.7459 share units.
• The share units are settled in cash on a specified date, unless a qualified election for later distribution is made.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction, suggesting stability and alignment of interests between the director and the company. The sentiment is neutral to slightly positive.

Positives

• The acquisition of shares and share units by a director signals confidence in the company's performance.
• Dividend payments and phantom dividend reinvestment provide additional value to the director's compensation.

Future Outlook

The document does not contain any specific forward-looking statements.

Industry Context

This filing is a routine disclosure of a director's transactions in company stock, which is common in the financial services industry.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment due to the director's increased stake in the company.

Key Dates