Form 4: MGIC Investment Corp Executive Steven M. Thompson Reports Stock Disposal
SEC Form 4 Filing
Steven M. Thompson, EVP & CRO of MGIC Investment Corp, reported the disposal of 73,324 shares of common stock to cover tax obligations.
Summary
- On March 11, 2024, Steven M. Thompson, the EVP & CRO of MGIC Investment Corp, reported a transaction involving the disposal of 73,324 shares of common stock.
- The shares were disposed of at a price of $19.75 per share.
- Following the transaction, Thompson directly owns 145,556 shares of MGIC Investment Corp.
- The transaction was reported on a Form 4 filing with the SEC.
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 not necessarily indicative of a broader trend within the mortgage insurance industry.
Stakeholder Impact
- The transaction is unlikely to have a significant impact on stakeholders, as it is a routine transaction by an executive.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | Date of stock disposal transaction and filing date. |
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