Form 4: MGIC Investment Corp Director Lowman Acquires Additional Shares

Director Teresita M. Lowman acquired 133.07 shares of MGIC Investment Corp common stock on March 5, 2024, through dividend payments on restricted stock units.

Summary

• On March 5, 2024, Teresita M. Lowman, a director of MGIC Investment Corp, acquired 133.07 shares of common stock.
• The acquisition was a result of dividends paid on Restricted Stock Units awarded under the Issuer's 2020 Omnibus Incentive Plan.
• Following the transaction, Lowman directly owns 22,997.7629 shares of MGIC Investment Corp.
• The reporting person did not pay a price for the shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a routine transaction, and the acquisition of shares by a director is generally viewed as a slightly positive sign.

Positives

• The acquisition of shares by a director can be seen as a positive signal, indicating confidence in the company's future.

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 transaction has a minor positive impact on shareholders as it signals confidence from a company director.

Key Dates