Form 4: MGIC Investment Corp Director Daniel A. Arrigoni Reports Acquisition of Common Stock

Sentiment:

SEC Form 4 Filing


Director Daniel A. Arrigoni reports acquiring common stock in MGIC Investment Corp through dividend payments on restricted stock units and indirectly through a family trust.

Summary

  • On March 5, 2025, Daniel A. Arrigoni, a director of MGIC Investment Corp, acquired 26.959 shares of common stock due to dividends paid on Restricted Stock Units under the company's 2020 Omnibus Incentive Plan.
  • Arrigoni also indirectly owns 30,000 shares of common stock through a family trust.
  • Following the reported transaction, Arrigoni directly owns 28,736.0774 shares of common stock.
  • The transaction was reported by Leslie A. Schunk, Attorney-in-Fact, on March 6, 2025.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it is a standard regulatory filing reporting insider transactions.

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 standard disclosures required by the SEC for insiders (directors, officers, and principal stockholders) to report transactions in their company's stock, providing transparency to the market.

Stakeholder Impact

  • The filing provides transparency to shareholders regarding insider transactions.

Key Dates

DateDescription
03/05/2025Date of transaction: Acquisition of common stock and dividend payment.
03/06/2025Date of report filing.

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