Form 4: MGIC Investment Corp Director Timothy Holt Reports Acquisition of Shares and Share Units

Director Timothy Holt reports acquisition of common stock and share units through dividend payments and phantom dividend reinvestment.

Summary

• On August 22, 2024, Timothy Holt, a director of MGIC Investment Corp, reported acquiring 129.792 shares of common stock due to dividends paid on restricted stock units.
• Holt also acquired 493.9 share units through phantom dividend reinvestment in the MGIC Investment Corporation Deferred Compensation Plan for Non-Employee Directors.
• Following these transactions, Holt beneficially owns 44,301.2471 shares of common stock directly and 92,473.3371 share units indirectly.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the filing reflects routine transactions related to dividend payments and deferred compensation, with no indication of significant positive or negative developments.

Positives

• The acquisition of shares and share units by a director could be seen as a positive signal, indicating confidence in the company's future performance.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, which can influence investor sentiment.

Stakeholder Impact

• The transactions may have a minor positive impact on shareholder confidence due to insider ownership.

Key Dates