Form 4: MGIC Investment Corp Director Michael Leal Thompson Reports Acquisition of Common Stock

Sentiment:

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

DateDescription
05/21/2025Date of transaction: Acquisition of common stock.
05/22/2025Date 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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