Form 4: MGIC Investment Corp Director Allen Acquires Shares and Share Units Through Dividend Reinvestment
SEC Form 4 Filing
Director Analisa M Allen reports acquisition of common stock and share units in MGIC Investment Corp through dividend reinvestment and participation in a deferred compensation plan.
Summary
- On May 21, 2025, Analisa M Allen, a director of MGIC Investment Corp, acquired 144.063 shares of common stock through dividend payments on restricted stock units.
- Allen also acquired 21.625 share units through phantom dividend reinvestment and participation in the MGIC Investment Corporation Deferred Compensation Plan for Non-Employee Directors.
- These share units are settled in cash on a specified date, unless a qualified election for later distribution is made.
- Following these transactions, Allen directly owns 29,632.5871 shares of common stock and 4,448.1219 share units.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reports routine transactions. The director's participation in dividend reinvestment and deferred compensation plan is a mildly positive signal.
Positives
- The director's participation in dividend reinvestment and deferred compensation plan indicates confidence in the company's future performance.
Future Outlook
The document does not contain explicit forward-looking statements, but the director's continued investment suggests a positive outlook.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency regarding the holdings of company directors.
Stakeholder Impact
- The transactions may have a minor positive impact on shareholder sentiment due to the director's continued investment in the company.
Key Dates
| Date | Description |
|---|---|
| 05/21/2025 | Date of transaction for common stock and share units acquisition. |
| 05/22/2025 | Date of signature by Attorney-in-Fact. |
Keywords
Form 4, Beneficial Ownership, Share Units, Dividend Reinvestment, Deferred Compensation Plan, MGIC Investment Corp, Director, Analisa M Allen, MTG, Common Stock
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