Form 4: MGIC Investment Corp Director Curt S. Culver Gifts Shares Held in Family Trust
SEC Form 4 Filing
Director Curt S. Culver of MGIC Investment Corp gifted 93,900 shares of common stock held indirectly through a family trust.
Summary
- On August 26, 2024, Curt S. Culver, a director of MGIC Investment Corp, reported a transaction involving the gifting of common stock.
- Culver gifted 93,900 shares held indirectly through a family trust.
- Following the transaction, Culver directly owns 26,985.2634 shares and indirectly owns 592,151 shares through a family trust.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a gift of shares. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider transactions, allowing investors to monitor the buying and selling activities of company insiders.
Stakeholder Impact
- The transaction may have a minor impact on shareholders by slightly decreasing the number of shares held by insiders.
Key Dates
| Date | Description |
|---|---|
| 08/26/2024 | Date of the transaction (gift of shares) |
| 08/27/2024 | Date of signature by Attorney-in-Fact |
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