MGIC EVP corrects Form 4 tax-withholding entry
MGIC Investment Corp executive Paula C. Maggio filed an amended Form 4 to correct a prior tax-withholding entry.
Rhea-AI Filing Summary
MGIC Investment Corp executive Paula C. Maggio filed an amended Form 4 to correct a prior tax-withholding entry. On shares that vested on March 2, 2026, a total of 61,070 shares of common stock were withheld to satisfy tax obligations, a figure previously misreported as 61,061 shares due to a clerical error.
After this correction, she reports 190,556.68 shares of common stock held directly and 110,422 shares held indirectly through an individual trust. The transaction reflects tax withholding by the issuer rather than an open-market sale.
Positive
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Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 61,070 | $26.53 | $1.62M |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- F1. The reporting person's Form 4, filed on March 3, 2026, reported that 61,061 shares were withheld to satisfy tax withholding obligations in connection with shares that vested on March 2, 2026. Due to a clerical error, the number of shares to be withheld was incorrectly calculated. This Form 4 corrects such error, including by decreasing the total amount of shares beneficially owned by the reporting person.
FAQ
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What did MGIC Investment (MTG) executive Paula C. Maggio report in this amended Form 4?
Why did MGIC Investment (MTG) file an amended Form 4 for Paula Maggio?
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