Form 4: MGIC Investment Corp President & COO Salvatore A. Miosi Reports Stock Transaction
SEC Form 4
Salvatore A. Miosi, President & COO of MGIC Investment Corp, reports the disposition of 125,377 shares of common stock to cover tax obligations.
Summary
- On February 28, 2025, Salvatore A. Miosi, the President & COO of MGIC Investment Corp, disposed of 125,377 shares of common stock.
- The transaction was executed at a price of $24.27 per share.
- This disposition was due to tax obligations.
- Following the transaction, Miosi directly owns 339,401.361 shares and indirectly owns 384,844 shares through a family trust.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock transaction by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of the US stock market and are required by the SEC to ensure transparency of trading activity by corporate insiders.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the change in ownership by a key executive.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of stock transaction |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.