MGIC (MTG) EVP & General Counsel Maggio sells 20,000 shares in 10b5-1 trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MGIC Investment Corporation executive Paula C. Maggio, EVP and General Counsel, reported a planned stock sale under a Rule 10b5-1 trading plan. On February 6, 2026, she sold 20,000 shares of MGIC common stock at a weighted average price of $27.508 per share.
After this transaction, Maggio directly held 114,688.68 shares of common stock. In addition, 110,422 shares were held indirectly through an individual trust. The sale was executed in multiple trades within a price range of $27.235 to $27.790 per share.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 20,000 shares ($550,160)
Net Sell
2 txns
Insider
Maggio Paula C
Role
EVP and General Counsel
Sold
20,000 shs ($550K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 20,000 | $27.508 | $550K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 114,688.68 shares (Direct);
Common Stock — 110,422 shares (Indirect, By an individual trust)
Footnotes (1)
- The transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on February 28, 2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.235 to $27.790, inclusive. The reporting person undertakes to provide MGIC Investment Corporation, any security holder of MGIC Investment Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
FAQ
What insider transaction did MGIC (MTG) report for Paula C. Maggio?
MGIC reported that EVP and General Counsel Paula C. Maggio sold 20,000 shares of common stock on February 6, 2026. The sale was disclosed on a Form 4 insider filing and reflects activity under a pre-established Rule 10b5-1 trading plan.
Was the MGIC (MTG) insider sale by Paula C. Maggio under a Rule 10b5-1 plan?
Yes. The filing states the sale was effected under a Rule 10b5-1 trading plan adopted by Paula C. Maggio on February 28, 2025. Such plans allow pre-scheduled trades to occur according to preset instructions, independent of later information.
What is Paula C. Maggio’s role at MGIC Investment Corporation (MTG)?
Paula C. Maggio serves as Executive Vice President and General Counsel at MGIC Investment Corporation. Her position is identified in the Form 4 filing, which reports her beneficial ownership and recent sale of MGIC common stock on February 6, 2026.