MGIC Investment (MTG) EVP Paula Maggio sells 20,000 shares under 10b5-1 plan
Rhea-AI Filing Summary
MGIC Investment Corp executive Paula C. Maggio, EVP and General Counsel, reported a sale of 20,000 shares of common stock on 2026-08-07 at $30.30 per share. The sale was effected under a Rule 10b5-1 trading plan adopted on February 27, 2026. Following the transaction, she held 149,619.6800 shares directly and 110,422.0000 shares indirectly through an individual trust.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 20,000 shares
Net Sell
2 txns
Insider
Maggio Paula C
Role
EVP and General Counsel
Sold
20,000 shs ($606K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 20,000 | $30.30 | $606K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 149,619.68 shares (Direct);
Common Stock — 110,422 shares (Indirect, By an individual trust)
Footnotes (1)
- F1. The transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 27, 2026.
Key Figures
Shares sold: 20,000.0000 shares
Sale price: $30.3000 per share
Direct holdings after sale: 149,619.6800 shares
+1 more
4 metrics
Shares sold
20,000.0000 shares
Common stock sale on 2026-08-07 by EVP and General Counsel
Sale price
$30.3000 per share
Price for the 20,000 common shares sold on 2026-08-07
Direct holdings after sale
149,619.6800 shares
Directly owned MGIC common stock following the reported transaction
Indirect holdings
110,422.0000 shares
Indirect ownership through an individual trust reported as of 2026-08-07
Key Terms
Rule 10b5-1 trading plan, individual trust, open market or private transaction
3 terms
Rule 10b5-1 trading plan regulatory
"The transaction was effected pursuant to a Rule 10b5-1 trading plan"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
individual trust financial
"Indirect ownership is reported as "By an individual trust""
open market or private transaction financial
"Transaction code description notes a sale in open market or private transaction"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did MGIC Investment Corp (MTG) report?
MGIC Investment Corp reported that EVP and General Counsel Paula C. Maggio sold 20,000 shares of common stock on 2026-08-07 at $30.30 per share in an open-market or private transaction.
Was the MGIC (MTG) insider sale made under a Rule 10b5-1 plan?
Yes. The reported sale by Paula C. Maggio was effected pursuant to a Rule 10b5-1 trading plan that she adopted on February 27, 2026, indicating the trades were pre-arranged.
What is the nature of Paula C. Maggio’s indirect MGIC (MTG) holdings?
In addition to her direct holdings, Paula C. Maggio is reported to indirectly own 110,422.0000 MGIC shares, held “By an individual trust”, reflecting ownership through a trust structure.