Form 4: MGIC Investment Corp Director Timothy Holt Acquires Shares and RSUs

Director Timothy Holt acquired shares and Restricted Stock Units (RSUs) of MGIC Investment Corporation.

Summary

• On February 5, 2025, Timothy Holt, a director of MGIC Investment Corporation, acquired 4,898.119 shares of common stock at a price of $25.52 per share.
• Holt also acquired Restricted Stock Units (RSUs) that will be settled in stock ten business days after February 1, 2026, unless a qualified election for a later distribution is made.
• Following the transaction, Holt directly owns 49,327.1121 shares of common stock.
• Holt also participates in the MGIC Investment Corporation Deferred Compensation Plan for Non-Employee Directors, holding 92,959.4481 Share Units.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a standard disclosure of stock transactions by a company director. The acquisition of shares could be seen as a slightly positive signal.

Positives

• The acquisition of shares by a director can be seen as a positive signal, 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 is made.

Industry Context

Form 4 filings are routine disclosures of stock transactions by company insiders, providing transparency to investors.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider activity.

Key Dates

Keywords

MGIC Investment Corporation, Timothy Holt, Form 4, Director, Share Units, RSUs, Stock Acquisition, Deferred Compensation Plan