Form 4: MGIC Investment President Sells 30,000 Shares

Salvatore A. Miosi, President and COO of MGIC Investment Corp, sold 30,000 shares of common stock via a 10b5-1 plan.

Summary

• Salvatore A. Miosi, President and COO of MGIC Investment Corp, executed a sale of 30,000 shares of common stock.
• The transaction occurred on June 8, 2026, at a price of $25.38 per share.
• Following this transaction, the reporting person retains beneficial ownership of 560,951.361 shares.
• The sale was conducted pursuant to a Rule 10b5-1 trading plan adopted on March 2, 2026.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as the sale was pre-planned and represents a routine divestment by an executive.

Positives

• The transaction was pre-planned under a Rule 10b5-1 trading plan, which typically indicates the sale is for personal financial management rather than a reaction to non-public information.

Negatives

• The sale represents a reduction in the equity stake held by a key executive, which may be perceived as a lack of long-term confidence by some market participants.

Risks

• Insider selling can sometimes create negative sentiment among retail investors, potentially leading to short-term stock price volatility.

Future Outlook

No specific forward-looking guidance regarding company performance was provided in this filing.

Industry Context

StockSavvy.ai notes that insider sales executed under 10b5-1 plans are standard corporate practice for executives to diversify their personal portfolios and are generally viewed as neutral events by institutional investors.

Comparison to Industry Standards

• The use of a 10b5-1 plan is the industry standard for corporate executives to sell shares while avoiding potential accusations of insider trading.
• The volume of shares sold is relatively small compared to the total outstanding shares of MGIC Investment Corp.

Stakeholder Impact

• Minimal impact expected on shareholders as the sale was pre-scheduled.

Next Steps

• Monitor future Form 4 filings for additional insider activity.

Key Dates

Keywords

MGIC Investment Corp, MTG, Insider Trading, Form 4, Salvatore Miosi, Stock Sale