Form 4: MGIC Investment Corp Director Curt S. Culver Reports Acquisition of Common Stock
SEC Form 4
Director Curt S. Culver reported acquiring common stock in MGIC Investment Corp through dividend payments on restricted stock units and indirectly through a family trust.
Summary
- On March 5, 2024, Curt S. Culver, a director of MGIC Investment Corp, reported acquiring 36.723 shares of common stock due to dividends paid on restricted stock units.
- Culver also indirectly owns 686,051 shares through a family trust.
- Following the transaction, Culver directly owns 26,915.6664 shares and indirectly owns 686,051 shares through a family trust.
Sentiment
Score: 6
Explanation: The document is a routine SEC filing detailing a director's acquisition of shares through dividend payments, which is generally neutral.
Positives
- The acquisition of shares through dividend payments on restricted stock units suggests a continued investment in the company by a director.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 03/05/2024 | Date of transaction: Acquisition of common stock through dividend payments on restricted stock units. |
| 03/06/2024 | Date of signature by Leslie A. Schunk, Attorney-in-Fact. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.