Form 4: MGIC Investment Corp Director Lowman Acquires Shares Through Dividend Reinvestment

Director Teresita M. Lowman acquired 128.013 shares of MGIC Investment Corp common stock through dividend payments on restricted stock units.

Summary

• On May 21, 2024, Teresita M. Lowman, a director of MGIC Investment Corp, acquired 128.013 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.
• No price was paid by Lowman for these shares.
• Following the transaction, Lowman beneficially owns 23,134.7759 shares of MGIC Investment Corp common stock.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a routine transaction (dividend reinvestment) by a company director. There are no explicit positive or negative implications.

Positives

• The acquisition of shares through dividend reinvestment demonstrates the director's continued investment in the company.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a director's acquisition of shares through dividend reinvestment, which is a common practice.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it involves a small number of shares acquired through dividend reinvestment.

Key Dates