Form 4: MGIC Investment Corp Director Michael Lehman Reports Acquisition of Common Stock and Share Units

Director Michael Lehman reports acquisition of common stock and share units through dividend payments and deferred compensation plan participation.

Summary

• On May 21, 2024, Michael E Lehman, a director of MGIC Investment Corporation, reported the acquisition of 133.802 shares of common stock due to dividends paid on restricted stock units.
• Lehman also acquired 8.585 share units through phantom dividend reinvestment within the MGIC Investment Corporation Deferred Compensation Plan for Non-Employee Directors.
• Following these transactions, Lehman beneficially owns 62,160.4551 shares of common stock and 1,550.8897 share units.
• The share units are settled in cash on a specified date, unless a qualified election for later distribution is made.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing insider transactions, with a neutral sentiment.

Positives

• The acquisition of shares through dividend payments and participation in the deferred compensation plan indicates continued investment in the company by a director.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the investment activities of company directors.

Stakeholder Impact

• The disclosure provides transparency to shareholders regarding the investment activities of a company director.

Key Dates