Form 4: MGIC Investment Corp Director Sculley Increases Holdings Through Dividend and Deferred Compensation Plan

Director Sheryl L. Sculley increased her holdings in MGIC Investment Corp through dividend payments on restricted stock units and participation in the Deferred Compensation Plan for Non-Employee Directors.

Summary

• Sheryl L. Sculley, a director at MGIC Investment Corp, reported changes in beneficial ownership of the company's common stock on March 5, 2025.
• The changes include the acquisition of 125.912 shares of common stock through dividends paid on Restricted Stock Units under the company's 2020 Omnibus Incentive Plan.
• Sculley also acquired 105.219 Share Units through phantom dividend reinvestment in the MGIC Investment Corporation Deferred Compensation Plan for Non-Employee Directors.
• Following these transactions, Sculley directly owns 29,453.0311 shares of common stock and 19,222.7996 Share Units.

Sentiment

Score: 6

Explanation: The sentiment is neutral. The document simply reports transactions related to dividend payments and deferred compensation, which are standard practices. There's no indication of significant positive or negative news.

Positives

• The director's increased stake in the company could be seen as a positive signal to investors.

Industry Context

Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. They provide investors with insights into the actions of company insiders, such as directors and officers.

Stakeholder Impact

• The increased holdings by a director could positively influence shareholder confidence.

Key Dates