[Form 4] MGIC INVESTMENT CORP Insider Trading Activity
Thompson Michael Leal reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Thompson Michael Leal reported acquisition or exercise transactions in this Form 4 filing.
MGIC Investment Corp director Michael Leal Thompson received 28.427 shares of common stock as a stock-based award linked to restricted stock units. The shares were issued as dividends on restricted stock units under the company’s Omnibus Incentive Plan, with no cash price paid. Following this award, Thompson directly holds 18,529.615 common shares.
Positive
- None.
Negative
- None.
Insights
Director received a small, compensation-related stock dividend award, not an open-market trade.
Director Michael Leal Thompson acquired 28.427 shares of MGIC Investment Corp common stock as dividends on restricted stock units under the Omnibus Incentive Plan. The filing specifies no price was paid, indicating a pure equity compensation adjustment rather than a market transaction.
This award increased his direct holdings to 18,529.615 shares. The transaction uses code A, described as a grant, award, or other acquisition, and does not involve buying or selling in the open market. As such, it primarily reflects ongoing director compensation, not a change in investment stance.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 28.427 | $0.00 | $0.00 |
Footnotes (1)
- F1. Dividends paid on Restricted Stock Units awarded under the Issuer's Omnibus Incentive Plan. No price was paid by the reporting person for them.
FAQ
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What did MGIC Investment Corp (MTG) director Michael Leal Thompson report on this Form 4?
Was the MGIC (MTG) Form 4 transaction an open-market buy or sell?
Does this MGIC (MTG) Form 4 indicate any change in insider sentiment?
AI-generated analysis. How Rhea-AI works. Not financial advice.