Form 4: MGIC Investment Corp Director Curt S Culver Reports Acquisition of Shares

Director Curt S Culver reports acquisition of MGIC Investment Corp shares through Restricted Stock Units (RSUs) and holdings in a family trust.

Summary

• On February 5, 2025, Curt S Culver, a director of MGIC Investment Corp, acquired 4,898.119 shares of common stock through the vesting of Restricted Stock Units (RSUs) at a price of $25.52 per share.
• Following the transaction, Culver directly owns 31,917.1114 shares of common stock and indirectly owns 592,151 shares through a family trust.
• The RSUs were awarded under the Issuer's 2020 Omnibus Incentive Plan and will be settled in stock ten business days after February 1, 2026, unless a qualified election for a later distribution was made.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine disclosure of an insider transaction. The acquisition of shares by a director is generally viewed positively, but it's not a major event.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

The RSUs will be settled in stock ten business days after February 1, 2026, unless a qualified election for a later distribution was made.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the actions of company insiders and their holdings in the company's stock.

Stakeholder Impact

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

Key Dates

Keywords

MGIC Investment Corp, Curt S Culver, Director, Form 4, RSUs, Stock Acquisition, Beneficial Ownership, Family Trust