Form 4: MGIC Investment Corp Director C Edward Chaplin Reports Acquisition of Common Stock and Share Units

Sentiment:

SEC Form 4 Filing


Director C Edward Chaplin reported acquiring common stock and share units of MGIC Investment Corp through dividend payments and phantom dividend reinvestment.

Summary

  • C Edward Chaplin, a director of MGIC Investment Corp, reported a transaction on May 21, 2025.
  • Chaplin acquired 101.262 shares of common stock through dividend payments on Restricted Stock Units.
  • Chaplin also acquired 238.24 share units through phantom dividend reinvestment in the MGIC Investment Corporation Deferred Compensation Plan for Non-Employee Directors.
  • Following these transactions, Chaplin beneficially owns 39,124.7784 shares of common stock and 49,004.3081 share units.

Sentiment

Score: 7

Explanation: The document reflects routine transactions related to director compensation, indicating stable corporate governance and alignment of interests. It is neither overly positive nor negative.

Industry Context

Form 4 filings are standard disclosures required by the SEC to ensure transparency in insider trading activities, providing investors with insights into the actions of company directors and officers.

Stakeholder Impact

  • The transactions reflect ongoing compensation practices for non-employee directors, which can influence shareholder perception of management alignment with company performance.

Key Dates

DateDescription
05/21/2025Date of transaction: acquisition of common stock and share units.
05/22/2025Date of signature by Attorney-in-Fact.

Keywords

MGIC Investment Corp, Director, C Edward Chaplin, Common Stock, Share Units, Dividend, Deferred Compensation Plan, Form 4, Acquisition

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