Form 4: MGIC Investment Corp Executive Julie K. Sperber Reports Stock Disposal

Julie K. Sperber, VP-Chief Accounting Officer of MGIC Investment Corp, reported disposing of 6,911 shares of common stock on February 28, 2025, to cover tax obligations.

Summary

• On February 28, 2025, Julie K. Sperber, the VP-Chief Accounting Officer of MGIC Investment Corp, filed a Form 4 indicating a change in beneficial ownership of the company's stock.
• The transaction involved the disposal of 6,911 shares of common stock at a price of $24.27 per share.
• This disposal was likely to cover tax obligations related to vesting of stock or option exercises.
• Following the transaction, Sperber directly owns 77,656.871 shares of MGIC Investment Corp.
• The filing was signed by Leslie A. Schunk, Attorney-in-Fact, on February 28, 2025.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting a stock transaction by a company executive. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This transaction is a common occurrence where executives sell shares to cover tax obligations.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a routine sale of shares by an executive.

Key Dates