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

Director Daniel A. Arrigoni reports acquisition of common stock in MGIC Investment Corp through dividend payments and holdings in a family trust.

Summary

• On May 21, 2024, Daniel A. Arrigoni, a director of MGIC Investment Corporation, reported a transaction involving the company's common stock.
• Arrigoni acquired 35.328 shares of common stock through dividend payments on Restricted Stock Units under the Issuer's 2020 Omnibus Incentive Plan.
• Arrigoni directly owns 23,742.9944 shares of common stock.
• Arrigoni indirectly owns 30,000 shares through a Family Trust.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the document primarily reports a routine transaction (dividend payment) and existing holdings. There are no explicit positive or negative implications.

Positives

• The acquisition of shares through dividend payments indicates a continued investment in the company by a director.

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 disclosure provides transparency to shareholders regarding insider transactions.

Key Dates