Form 4: MGIC Investment Corp Executive Julie K. Sperber Reports Acquisition of Restricted Stock Units

Julie K. Sperber, VP-Chief Accounting Officer of MGIC Investment Corp, reports the acquisition of 2,938.871 restricted stock units (RSUs) at a price of $25.52 each on February 5, 2025.

Summary

• Julie K. Sperber, VP-Chief Accounting Officer of MGIC Investment Corp, filed a Form 4 on February 6, 2025, reporting a transaction.
• On February 5, 2025, Ms. Sperber acquired 2,938.871 shares of Common Stock in the form of Restricted Stock Units (RSUs).
• The RSUs were granted at a price of $25.52 per unit.
• These RSUs will vest in equal installments on February 28, 2026, 2027, and 2028, contingent upon Ms. Sperber's continued employment with the issuer.
• Following the reported transaction, Ms. Sperber beneficially owns 79,669.871 shares of Common Stock directly.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reports a standard transaction. The acquisition of RSUs by an executive is generally viewed as a positive sign, but it's a routine occurrence.

Positives

• The acquisition of RSUs by a company executive can be seen as a positive sign, indicating confidence in the company's future performance.

Future Outlook

The RSUs will vest in equal installments over the next three years, subject to the reporting person's continued employment.

Industry Context

Form 4 filings are a routine part of regulatory compliance for publicly traded companies and their executives, providing transparency into insider transactions.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment, as it signals confidence from a company executive.

Key Dates