Form 4: MGIC Investment Corp Director Hartzell Acquires Shares and Share Units Through Dividend Reinvestment and Deferred Compensation

Director Jay C. Hartzell reports acquisition of common stock and share units in MGIC Investment Corp through dividend payments and participation in a deferred compensation plan.

Summary

• On March 5, 2025, Jay C. Hartzell, a director of MGIC Investment Corp, acquired 161.412 shares of common stock due to dividends paid on restricted stock units.
• Hartzell also acquired 105.219 share units through phantom dividend reinvestment in the MGIC Investment Corporation Deferred Compensation Plan for Non-Employee Directors.
• Following these transactions, Hartzell directly owns 29,488.5241 shares of common stock and 19,222.7996 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 implications.

Positives

• The acquisition of shares and share units by a director can be seen as a positive sign, indicating 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