Form 4: MGIC Investment Corp. President & COO Sells Shares Under Pre-Arranged Trading Plan

Salvatore A. Miosi, President & COO of MGIC Investment Corp., sold 30,000 shares of common stock on June 5, 2025, through a Rule 10b5-1 trading plan.

Summary

• Salvatore A. Miosi, President & COO of MGIC Investment Corp. (MTG), reported the sale of 30,000 shares of common stock.
• The transaction occurred on June 5, 2025, at a weighted average price of $26.037 per share.
• The shares were sold in multiple transactions with prices ranging from $25.900 to $26.165.
• This sale was executed pursuant to a Rule 10b5-1 trading plan, which was adopted by Mr. Miosi on March 6, 2025.
• Following this transaction, Mr. Miosi directly beneficially owns 309,401.361 shares of common stock.
• Additionally, 384,844 shares are indirectly beneficially owned by a family trust.

Sentiment

Score: 5

Explanation: The filing is a routine disclosure of an insider stock sale executed under a pre-arranged Rule 10b5-1 trading plan, which is generally considered neutral in terms of immediate company sentiment.

Positives

• The sale was conducted under a pre-arranged Rule 10b5-1 trading plan, indicating that the transaction was scheduled in advance and not a reaction to recent non-public information.

Negatives

• An insider sale, even if pre-planned, reduces the direct ownership stake of a key executive in the company.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

This filing is a routine disclosure of an insider transaction specific to MGIC Investment Corp. and does not provide broader industry context or trends.

Stakeholder Impact

• Shareholders: The sale by a key executive could be viewed neutrally to slightly negatively, though the 10b5-1 plan mitigates concerns about opportunistic selling. It represents a minor reduction in insider alignment.

Key Dates

Keywords

MGIC Investment Corp, MTG, Form 4, Insider Trading, Stock Sale, Rule 10b5-1, Salvatore A. Miosi, President & COO, Common Stock