MGIC COO sells 30,000 shares at $30.73 each
MGIC Investment Corp’s President & COO executed a pre-planned sale of 30,000 shares and continues to hold a substantial direct position.
Rhea-AI Filing Summary
MGIC Investment Corp (MTG) reported that President & COO Salvatore A. Miosi sold 30,000 shares of Common Stock on September 1, 2026 at a price of $30.73 per share in a market transaction. After this sale, he directly held 470,951.361 shares of the company’s common stock.
The sale was carried out pursuant to a Rule 10b5-1 trading plan that he had adopted on March 2, 2026, indicating the transaction followed a pre-established trading arrangement rather than being initiated at his discretion at the time of sale.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 30,000 shares
Net Sell
1 txn
Insider
Miosi Salvatore A
Role
President & COO
Sold
30,000 shs ($922K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 30,000 | $30.73 | $922K |
Holdings After Transaction:
Common Stock — 470,951.361 shares (Direct)
Footnotes (1)
- F1. The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 03/02/2026.
Key Figures
Shares sold: 30,000 shares
Sale price per share: $30.73 per share
Shares held after transaction: 470,951.361 shares
+2 more
5 metrics
Shares sold
30,000 shares
Common stock sale by President & COO on September 1, 2026
Sale price per share
$30.73 per share
Price for the 30,000 common shares sold on September 1, 2026
Shares held after transaction
470,951.361 shares
Direct common stock holdings of Salvatore A. Miosi after the sale
Shares sold net activity
30,000 shares net sold
Net insider trading activity in this filing
Rule 10b5-1 plan adoption date
March 2, 2026
Date the pre-arranged trading plan governing this sale was adopted
Key Terms
Rule 10b5-1 trading plan
1 terms
Rule 10b5-1 trading plan regulatory
"The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 03/02/2026."
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.
FAQ
What insider transaction did MGIC Investment Corp (MTG) disclose for Salvatore A. Miosi?
MGIC Investment Corp disclosed that President & COO Salvatore A. Miosi sold 30,000 shares of common stock on September 1, 2026 at $30.73 per share in a market transaction under a pre-arranged Rule 10b5-1 trading plan.
What executive role does Salvatore A. Miosi hold at MGIC Investment Corp (MTG)?
Salvatore A. Miosi is identified in the filing as President & Chief Operating Officer of MGIC Investment Corp.
AI-generated analysis. How Rhea-AI works. Not financial advice.