Form 4: MGIC Investment Corp Director Kozlak Acquires Shares and RSUs

Director Jodee A. Kozlak acquired shares and Restricted Stock Units (RSUs) of MGIC Investment Corp on February 5, 2025.

Summary

• On February 5, 2025, Jodee A. Kozlak, a director of MGIC Investment Corp, acquired 4,898.119 shares of common stock at a price of $25.52 per share.
• Kozlak also received Restricted Stock Units (RSUs) that will be settled in stock ten business days after February 1, 2026, unless a qualified election for a later distribution is made.
• Following the transaction, Kozlak directly owns 34,126.1641 shares of common stock.
• Kozlak also participates in the MGIC Investment Corporation Deferred Compensation Plan for Non-Employee Directors, holding 28,751.7438 Share Units.

Sentiment

Score: 6

Explanation: Neutral sentiment as it reflects a standard transaction disclosure. The director's acquisition is a positive sign, but it's a routine filing.

Positives

• Director's acquisition of shares may signal confidence in the company's future prospects.

Future Outlook

The RSUs will be settled in stock ten business days after February 1, 2026, unless a qualified election for a later distribution is made.

Industry Context

Form 4 filings are standard disclosures for corporate insiders and provide transparency into their transactions in the company's stock. This filing indicates a director's continued investment in MGIC.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment.

Key Dates

Keywords

MGIC Investment Corp, Director, Jodee A. Kozlak, Form 4, Share Units, RSUs, Stock Acquisition, Deferred Compensation Plan