MGIC Investment (MTG) insider plans $3.8M share sale via Form 144

Rhea-AI Filing Summary

MGIC Investment Corp. (MTG) – Form 144 filing: An undisclosed insider has filed a notice to sell up to 139,203 common shares under Rule 144. The proposed sale represents roughly 0.06 % of the company’s 230.5 million shares outstanding and has an aggregate market value of about $3.76 million based on the filing data. The shares were originally acquired on 03 Mar 2013 via restricted-stock vesting and will be sold through Fidelity Brokerage Services LLC on or after 07 Aug 2025 on the NYSE. No other sales by this insider were reported during the past three months, and the filer affirms no knowledge of undisclosed adverse information.

The notice is administrative and does not affect MTG’s operations or guidance. However, it signals the insider’s intent to monetize previously vested equity. Given the modest size relative to float and the lack of recent insider selling, the market impact should be limited.

Positive

• No insider sales in the past three months, suggesting this transaction is an isolated liquidity event rather than a selling trend.

Negative

• Insider intends to sell 139,203 shares worth $3.76 M, which can be perceived as a modest negative signal even if immaterial to float.

Insights

Securities Analyst

TL;DR: Small insider sale (~0.06% float) worth $3.8 M; limited fundamental impact.

The Form 144 discloses a potential disposition of 139,203 MTG shares. While insider selling often raises eyebrows, the size is immaterial to liquidity and does not signal operational weakness. Shares were earned via compensation in 2013, suggesting routine diversification. Absence of sales in the prior three months and a representation of no undisclosed negative information further mute concern. I view the filing as neutral for valuation and do not expect price pressure given average daily volume of MTG (~1.2 M shares).

Corporate Governance Expert

TL;DR: Rule-compliant, transparent notice; governance posture intact.

The filer follows Rule 144 and references potential 10b5-1 adherence, indicating prudent governance. The explicit statement of no material non-public information limits reputational risk. Because the sale springs from vested RSUs granted over a decade ago, it appears to be a standard liquidity event rather than a vote of no confidence. From a governance lens, impact is minimal.

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common	Fidelity Brokerage Services LLC 900 Salem Street Smithfield RI 02917	139203	3762657.09	230523015	08/07/2025	NYSE

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common	03/07/2013	Restricted Stock Vesting	Issuer			139203	03/07/2013	Compensation

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)