MGIC (MTG) President & COO disposes 129K shares for tax withholding
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MGIC Investment Corp President & COO Salvatore A. Miosi reported a tax-related share disposition under a Form 4. On this transaction, 129,302 shares of common stock were withheld at $26.53 per share to cover tax obligations, leaving him with 601,901.361 shares owned directly after the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Miosi Salvatore A
Role
President & COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 129,302 | $26.53 | $3.43M |
Holdings After Transaction:
Common Stock — 601,901.361 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did MGIC (MTG) report for Salvatore A. Miosi?
MGIC reported that President & COO Salvatore A. Miosi had 129,302 common shares disposed of to satisfy tax obligations. The Form 4 lists this as a tax-withholding disposition rather than an open-market trade, reflecting shares delivered for tax liability.
What is Salvatore A. Miosi’s MGIC (MTG) ownership after this Form 4 transaction?
Following the reported tax-withholding disposition, Salvatore A. Miosi directly owns 601,901.361 MGIC common shares. This post-transaction balance is explicitly stated, giving investors a clear view of his remaining direct equity position in the company.
What role does Salvatore A. Miosi hold at MGIC (MTG) in this Form 4?
Salvatore A. Miosi is identified as President & COO of MGIC Investment Corp in the Form 4. His officer status makes his equity transactions reportable, providing transparency into changes in his direct ownership of MGIC common stock.