Form 4: MGIC Investment Corp Director Lowman Teresita M. Reports Acquisition of Common Stock
SEC Form 4 Filing
Director Teresita M. Lowman reports acquiring 138.872 shares of MGIC Investment Corp common stock due to dividends paid on restricted stock units.
Summary
- On May 21, 2025, Teresita M. Lowman, a director of MGIC Investment Corp, acquired 138.872 shares of common stock.
- The acquisition was a result of dividends paid on restricted stock units awarded under the Issuer's Omnibus Incentive Plan.
- Following the transaction, Lowman directly owns 28,573.7589 shares of MGIC Investment Corp common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction related to executive compensation. There are no indications of significant positive or negative implications.
Positives
- The acquisition of shares through dividend payments on restricted stock units can be seen as a positive sign, indicating the company's commitment to rewarding its executives and directors.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This particular filing reflects standard compensation practices through dividend payments on restricted stock units.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders, as it is a standard part of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 05/21/2025 | Date of transaction: Acquisition of common stock. |
| 05/22/2025 | Date of signature by Attorney-in-Fact. |
Keywords
MGIC Investment Corp, Director, Teresita M. Lowman, Common Stock, Acquisition, Dividends, Restricted Stock Units, Omnibus Incentive Plan, Form 4
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