Form 4: MGIC Investment Corp Executive Colson Nathaniel H Reports Stock Disposal
SEC Form 4 Filing
EVP, CFO & CRO of MGIC Investment Corp, Colson Nathaniel H, reports disposing of 67,072 shares of common stock at $24.27 on February 28, 2025.
Summary
- On February 28, 2025, Colson Nathaniel H, EVP, CFO & CRO of MGIC Investment Corp, reported a transaction involving the disposal of 67,072 shares of common stock.
- The shares were disposed of at a price of $24.27 per share.
- Following the transaction, Colson Nathaniel H directly owns 240,929.972 shares of MGIC Investment Corp.
- The transaction was reported on a Form 4 filing with the SEC.
Sentiment
Score: 5
Explanation: Neutral sentiment as it is a report of a transaction, not an announcement of performance or strategy.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. The disposal of shares by an executive may be interpreted in various ways by the market, but without additional context, it's difficult to ascertain the specific reason behind the transaction.
Stakeholder Impact
- Shareholders may react to the news of an executive selling shares, although the impact is likely to be minimal given the size of the transaction relative to the company's overall market capitalization.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of transaction: Colson Nathaniel H disposed of 67,072 shares of common stock. |
| 02/28/2025 | Date of report: Form 4 filing date. |
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