Form 4: MGIC Investment Corp Director Sculley Acquires Shares and RSUs

Director Sheryl L. Sculley reports acquisition of common stock and Restricted Stock Units (RSUs) in MGIC Investment Corp.

Summary

• Sheryl L. Sculley, a director of MGIC Investment Corp, reported a transaction involving the acquisition of common stock and Restricted Stock Units (RSUs).
• On February 5, 2025, Sculley acquired 4,898.119 shares of common stock at a price of $25.52 per share.
• Following the transaction, Sculley directly owns 29,327.1121 shares of common stock.
• Sculley also holds 19,117.5806 Share Units through the MGIC Investment Corporation Deferred Compensation Plan for Non-Employee Directors.
• The RSUs will be settled in stock ten business days after February 1, 2026, unless a qualified election for a later distribution was made.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a standard disclosure of insider trading activity. The acquisition of shares by a director is generally viewed positively, but without additional context, the sentiment remains neutral.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future prospects.

Future Outlook

The 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 routine disclosures required by the SEC to provide transparency into the transactions of company insiders. They are closely watched by investors seeking insights into management's perspective on the company's value.

Stakeholder Impact

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

Key Dates

Keywords

Form 4, MGIC Investment Corp, Director, Sheryl L. Sculley, Common Stock, RSUs, Share Units, Beneficial Ownership, Acquisition