Form 4: MGIC Investment Corp Director Kozlak Reports Changes in Beneficial Ownership

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

Summary

• On March 5, 2024, Jodee A. Kozlak, a director of MGIC Investment Corp, reported changes in beneficial ownership.
• Kozlak acquired 86.33 shares of common stock through dividend payments on restricted stock units.
• Additionally, Kozlak acquired 163.698 share units through phantom dividend reinvestment in the MGIC Investment Corporation Deferred Compensation Plan for Non-Employee Directors.
• Following these transactions, Kozlak beneficially owns 28,985.1401 shares of common stock and 28,291.1578 share units.
• The share units are settled in cash based on the price of MGIC's common stock, unless a qualified election for later distribution is made.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing routine transactions. It doesn't inherently convey positive or negative sentiment.

Positives

• The director's participation in dividend reinvestment and deferred compensation plans demonstrates a continued investment in the company's future.

Future Outlook

The document does not contain any specific forward-looking statements.

Industry Context

This filing is a routine disclosure of changes in beneficial ownership by a company director, which is common in the financial services industry.

Stakeholder Impact

• The transactions may have a minor positive impact on shareholder confidence due to the director's continued investment in the company.

Key Dates