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

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

Summary

• On March 5, 2024, Daniel A. Arrigoni, a director of MGIC Investment Corp, acquired 36.723 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 transaction, Arrigoni directly owns 23,707.6664 shares of common stock.
• The price per share for the acquired stock was $36.723.
• The report was filed on March 6, 2024, by Leslie A. Schunk, Attorney-in-Fact.

Sentiment

Score: 6

Explanation: Neutral sentiment as it reflects routine transactions (dividend payments) and existing trust holdings.

Positives

• Director's increased stake in the company may signal confidence in its future performance.

Industry Context

Form 4 filings are standard disclosures for insiders, providing transparency into their transactions and sentiment regarding the company's stock.

Stakeholder Impact

• The transaction provides shareholders with insight into the director's holdings.

Key Dates