Form 4: MGIC Investment Corp Executive Salvatore A. Miosi Reports Stock Disposal
SEC Form 4 Filing
Salvatore A. Miosi, President & COO of MGIC Investment Corp, disposed of 146,647 shares of common stock to cover tax obligations.
Summary
- On March 11, 2024, Salvatore A. Miosi, the President & COO of MGIC Investment Corp (MTG), disposed of 146,647 shares of common stock.
- The transaction was executed at a price of $19.75 per share.
- This disposal was related to covering tax obligations.
- Following the transaction, Miosi directly owns 165,367 shares and indirectly owns 384,844 shares through a family trust.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock disposal for tax purposes, which is neutral in sentiment.
Industry Context
Form 4 filings are a routine part of the US market and are required by the SEC to ensure transparency of trading activity by corporate insiders.
Stakeholder Impact
- The stock disposal may have a minor impact on shareholders due to the increased supply of shares in the market.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | Date of stock disposal transaction. |
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