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MGIC (MTG) insider sold 129,203 shares; 139,203 planned

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
144

Rhea-AI Filing Summary

Form 144 notice for MGIC Investment Corp (MTG) discloses a proposed sale of 139,203 common shares through Fidelity Brokerage Services LLC on 10/07/2025 to be executed on the NYSE. The shares were acquired on 03/10/2024 via restricted stock vesting and were paid as compensation. The filing also reports a prior sale by the same person, Timothy Mattke, of 129,203 common shares on 08/07/2025 that generated $3,428,605.25 in gross proceeds. The filer certifies they know of no undisclosed material adverse information and notes Rule 10b5-1 language related to trading plans.

Positive

  • Shares were acquired via restricted stock vesting, showing the sale converts compensation into liquidity
  • Filing includes standard attestation that no undisclosed material adverse information is known

Negative

  • Insider executed a recent large sale of 129,203 shares on 08/07/2025, which may be viewed negatively by some investors
  • No trading-plan adoption date stated in the notice, so it's unclear if sale is pre-planned under Rule 10b5-1

Insights

Insider plans to sell vested shares; prior sale was sizable.

The filing shows an insider, Timothy Mattke, plans to sell 139,203 shares acquired from restricted stock vesting on 03/10/2024, with execution expected on 10/07/2025

This follows a recent sale of 129,203 shares on 08/07/2025 that netted $3,428,605.25. Investors often watch repeated insider sales for signals about timing or liquidity needs; the filing includes the standard attestation about absence of undisclosed material information and mentions trading-plan considerations under Rule 10b5-1. Monitor subsequent Form 4 filings for actual sale confirmations and exact execution prices within days after 10/07/2025.

Compensation-related vesting triggered planned divestiture.

The securities were acquired as compensation via restricted stock vesting on 03/10/2024, indicating this is not a market purchase but a scheduled benefit realization. Such sales are common when insiders monetize vested awards.

Key governance items to track include whether the sale follows a documented trading plan (Rule 10b5-1) and any subsequent disclosures; absence of a stated plan date in this notice means investors should look for additional filings or company disclosures for that detail within typical reporting windows.

144: Filer Information

144: Issuer Information

144: Securities Information



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


* 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

144: Remarks and Signature

FAQ

What does the Form 144 for MTG disclose?

It discloses a proposed sale of 139,203 MTG common shares via Fidelity on 10/07/2025, acquired by the seller on 03/10/2024 through restricted stock vesting.

Who is the selling person named in the filing for MTG?

The filing names Timothy Mattke as the person for whose account the securities are to be sold.

Has the seller recently sold other MTG shares?

Yes, the filing reports a sale of 129,203 shares on 08/07/2025 that generated $3,428,605.25 in gross proceeds.

How were the shares being sold originally acquired?

The 139,203 shares were acquired on 03/10/2024 via restricted stock vesting and paid as compensation.

Will the sale occur on a public exchange?

Yes, the proposed sale lists the NYSE as the exchange for the transaction on 10/07/2025.
Mgic Inv Cp

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6.35B
219.68M
1.75%
102.5%
2.35%
Insurance - Specialty
Surety Insurance
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United States
MILWAUKEE