Form 4: MGIC Investment Corp Director Hartzell Acquires Shares and Share Units

Director Jay C. Hartzell reports acquisition of common stock and share units in MGIC Investment Corp through dividend payments and phantom dividend reinvestment.

Summary

• On August 22, 2024, Jay C. Hartzell, a director of MGIC Investment Corp, acquired 129.792 shares of common stock due to dividends paid on restricted stock units.
• Hartzell also acquired 101.574 share units through phantom dividend reinvestment in the MGIC Investment Corporation Deferred Compensation Plan for Non-Employee Directors.
• Following these transactions, Hartzell beneficially owns 24,301.2471 shares of common stock and 19,017.6096 share units.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects routine transactions related to director compensation. There is no indication of significant positive or negative sentiment.

Positives

• The acquisition of shares and share units by a director may signal confidence in the company's future performance.

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.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they are related to director compensation and do not significantly alter the company's financial position.

Key Dates