Form 4: MGIC Investment Corp Director Michael Leal Thompson Reports Acquisition of Common Stock
SEC Form 4 Filing
Director Michael Leal Thompson reports acquisition of MGIC Investment Corp common stock through dividend payments on restricted stock units.
Summary
- On May 21, 2025, Michael Leal Thompson, a director of MGIC Investment Corp, acquired 24.061 shares of common stock.
- This acquisition was a result of dividends paid on restricted stock units awarded under the Issuer's Omnibus Incentive Plan.
- Following the transaction, Thompson directly owns 13,372.139 shares of MGIC Investment Corp.
- No price was paid by the reporting person for the acquired shares.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing detailing a routine transaction. It doesn't inherently convey positive or negative sentiment.
Positives
- The acquisition of shares through dividend payments on restricted stock units suggests a continued investment in the company by a director.
Industry Context
This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is a common occurrence in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it involves a small number of shares acquired through dividend payments.
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
Form 4, Beneficial Ownership, MGIC Investment Corp, Michael Leal Thompson, Common Stock, Director, Dividends, Restricted Stock Units
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