Form 4: MGIC Investment Corp: Officer Sells 20,000 Shares
SEC Form 4
Paula C. Maggio, EVP and General Counsel of MGIC Investment Corp, sold 20,000 shares of common stock on August 4, 2025, at a weighted average price of $26.54.
Summary
- Paula C. Maggio, EVP and General Counsel of MGIC Investment Corp, sold 20,000 shares of common stock on August 4, 2025.
- The shares were sold at a weighted average price of $26.54, with individual prices ranging from $26.348 to $26.710.
- The sale was executed under a pre-arranged Rule 10b5-1 trading plan adopted on February 28, 2025.
- Following the transaction, Maggio directly owns 137,394.68 shares of common stock and indirectly owns 110,422 shares through an individual trust.
Sentiment
Score: 5
Explanation: Neutral. This is a standard Form 4 filing for an officer's stock sale, with no inherent positive or negative sentiment.
Future Outlook
There are no explicit forward-looking statements in this filing.
Industry Context
This is a routine disclosure of an executive stock sale and doesn't necessarily reflect broader industry trends.
Stakeholder Impact
- Minimal impact on shareholders as it is a small transaction by an executive.
Key Dates
| Date | Description |
|---|---|
| 2025-02-28 | Date of adoption of Rule 10b5-1 trading plan |
| 2025-08-04 | Date of transaction (stock sale) |
| 2025-08-05 | Date of signature |
Keywords
MGIC Investment Corp, Paula C. Maggio, stock sale, Form 4, Rule 10b5-1, executive stock transaction, MTG
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