Form 4: MGIC Investment Corp Director Sculley Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Sheryl L. Sculley reports acquisition of common stock and share units through dividend payments and phantom dividend reinvestment in MGIC Investment Corp.
Summary
- On August 22, 2024, Director Sheryl L. Sculley reported changes in beneficial ownership of MGIC Investment Corp. securities.
- Sculley acquired 129.792 shares of common stock through dividend payments on restricted stock units, with no price paid.
- She also acquired 101.574 share units through phantom dividend reinvestment, also at no cost.
- Following these transactions, Sculley directly owns 24,301.2471 shares of common stock and 19,017.6096 share units.
Sentiment
Score: 6
Explanation: The sentiment is neutral as the document simply reports transactions related to dividend payments and reinvestment, which are routine.
Positives
- The acquisition of shares and share units through dividend payments and reinvestment indicates confidence in the company's performance.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The report provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 08/22/2024 | Date of transaction for common stock and share units acquisition. |
| 08/23/2024 | Date of signature by Attorney-in-Fact. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.