Form 4: MGIC Investment Corp Director Kozlak Jodee A Reports Acquisition of Common Stock and Share Units

Director Jodee A Kozlak reports acquiring common stock and share units through dividend payments and phantom dividend reinvestment in MGIC Investment Corp.

Summary

• On May 21, 2025, Jodee A Kozlak, a director of MGIC Investment Corp, acquired 66.862 shares of common stock due to dividends paid on restricted stock units.
• Kozlak also acquired 141.236 share units through phantom dividend reinvestment under the Deferred Compensation Plan for Non-Employee Directors.
• Following these transactions, Kozlak beneficially owns 34,267.9471 shares of common stock and 29,051.2238 share units.
• The share units are settled in cash on a specified date, unless a qualified election for later distribution is made.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects routine transactions related to compensation and dividend reinvestment, indicating continued alignment of the director's interests with the company's performance.

Positives

• The acquisition of shares and share units reflects ongoing participation in the company's compensation plans.
• Dividend reinvestment and phantom dividend reinvestment programs allow for increased ownership without direct capital outlay.

Future Outlook

The reporting person's holdings will continue to be affected by dividend payments and phantom dividend reinvestments under the Deferred Compensation Plan.

Industry Context

This filing is a routine disclosure of changes in beneficial ownership by a company director, which is standard practice in publicly traded companies.

Stakeholder Impact

• The transactions have a minimal direct impact on stakeholders, as they are related to internal compensation plans and dividend reinvestments.

Key Dates

Keywords

Form 4, Beneficial Ownership, Share Units, Common Stock, MGIC Investment Corp, Director, Dividend Reinvestment, Deferred Compensation Plan