MGIC Investment (MTG) insider plans $606,000 Rule 144 stock sale
Rhea-AI Filing Summary
MGIC Investment Corporation (symbol MTG) reports that Paula C. Maggio has instructed Fidelity Brokerage Services LLC to sell 20,000 shares of common stock, with an approximate aggregate value of $606,000.00, on the NYSE on or after August 7, 2026 under Rule 144. These shares were acquired from the issuer on February 28, 2025 through restricted stock vesting as compensation.
The filing also lists a prior sale in the last three months, where Paula C. Maggio sold 20,937 common shares on May 29, 2026 for total proceeds of $534,940.35.
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Key Figures
Proposed shares to be sold: 20,000 shares
Proposed aggregate sale value: $606,000.00
Acquisition date of shares: 02/28/2025
+3 more
6 metrics
Proposed shares to be sold
20,000 shares
Common stock proposed for sale on or after August 7, 2026
Proposed aggregate sale value
$606,000.00
Approximate aggregate market value of 20,000 shares to be sold
Acquisition date of shares
02/28/2025
Date 20,000 shares were acquired via restricted stock vesting
Recent shares sold
20,937 shares
Common stock sold during past 3 months by Paula C. Maggio
Recent sale proceeds
$534,940.35
Aggregate proceeds from 20,937 shares sold on May 29, 2026
Planned sale date
08/07/2026
Intended date for proposed NYSE sale under Rule 144
Key Terms
Rule 144, Restricted Stock Vesting, aggregate value
3 terms
Rule 144 regulatory
"filed to sell shares under Rule 144 through a brokerage firm"
Rule 144 is a U.S. securities regulation that sets conditions under which restricted or insider-held shares can be legally resold to the public, such as required holding periods, availability of public information, limits on how much can be sold at once, and certain filing requirements. For investors it matters because it determines when previously locked-up shares can enter the market — like a release valve that can increase supply, affect share price, and signal insider intent.
Restricted Stock Vesting financial
"Common | 02/28/2025 | Restricted Stock Vesting | Issuer"
Restricted stock vesting is the timetable and conditions under which shares granted to employees or insiders become fully owned and can be sold, typically requiring continued work or meeting performance goals. It matters to investors because large blocks of shares can become tradable at once, which can change share supply and price, and because vesting aligns insiders’ incentives with the company’s long‑term performance—think of it like a timed unlock that both rewards and locks in key people.
aggregate value financial
"20000 | 606000.00 | 205124840 | 08/07/2026 | NYSE"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What proposed stock sale does MGIC Investment (MTG) disclose in this Form 144?
The filing discloses a proposed sale of 20,000 shares of MGIC Investment common stock, with an approximate aggregate value of $606,000.00, to be sold through Fidelity Brokerage Services LLC on or after August 7, 2026 on the NYSE.
Who is the selling security holder in MGIC Investment (MTG)’s Form 144?
The selling security holder is Paula C. Maggio, listed with an address in Milwaukee, Wisconsin. The shares to be sold are MGIC Investment common stock previously acquired as restricted stock vesting from the issuer as compensation.
What past three-month sales does MGIC Investment (MTG)’s Form 144 report?
The filing reports that Paula C. Maggio previously sold 20,937 shares of MGIC Investment common stock on May 29, 2026, receiving aggregate proceeds of $534,940.35, as securities sold during the past three months.
Which broker is handling the MGIC Investment (MTG) Form 144 stock sale?
The proposed sale of MGIC Investment common stock is to be executed through Fidelity Brokerage Services LLC, located at 900 Salem Street, Smithfield, Rhode Island, as stated in the Form 144 securities information.