Form 4: MGIC Investment Corp Director Michael Lehman Reports Acquisition of Shares

Director Michael Lehman reports acquisition of 4,898.119 shares of MGIC Investment Corp common stock at $25.52 per share, increasing total holdings to 67,316.1121 shares.

Summary

• On February 5, 2025, Michael Lehman, a director of MGIC Investment Corp, acquired 4,898.119 shares of common stock.
• The shares were acquired at a price of $25.52 per share.
• This acquisition increased Lehman's direct holdings to 67,316.1121 shares.
• Lehman also holds 1,567.4147 Share Units in the MGIC Investment Corporation Deferred Compensation Plan for Non-Employee Directors.
• These Share Units are settled in cash and do not expire on a fixed date.
• Lehman was also awarded Restricted Stock Units (RSUs) which will be settled in stock ten business days after February 1, 2026.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It's a standard Form 4 filing indicating a director's acquisition of shares. While insider buying can be seen as a positive signal, it's not overwhelmingly positive without additional context.

Positives

• Director's purchase of shares may signal confidence in the company's future prospects.

Future Outlook

The Restricted Stock Units (RSUs) will be settled in stock ten business days after February 1, 2026, unless a qualified election for a later distribution was made by the reporting person.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which can be informative for investors.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment.

Key Dates

Keywords

Form 4, Director, Share Units, Common Stock, MGIC Investment Corp, Michael Lehman, Acquisition, RSUs, Deferred Compensation Plan