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MGIC (MTG) EVP & General Counsel Maggio sells 20,000 shares in 10b5-1 trade

Filing Impact
(Very High)
Filing Sentiment
(Negative)
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.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
X
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Maggio Paula C

(Last) (First) (Middle)
270 EAST KILBOURN AVENUE

(Street)
MILWAUKEE WI 53202

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
MGIC INVESTMENT CORP [ MTG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP and General Counsel
3. Date of Earliest Transaction (Month/Day/Year)
02/06/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 02/06/2026 S(1) 20,000 D $27.508(2) 114,688.68 D
Common Stock 110,422 I By an individual trust
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
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.
2. 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.
Remarks:
Leslie A. Schunk, Attorney-in-Fact 02/09/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

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.

At what price did Paula C. Maggio sell MGIC (MTG) shares on February 6, 2026?

Paula C. Maggio sold 20,000 MGIC shares at a weighted average price of $27.508. The filing notes the trades occurred in multiple transactions, with individual prices ranging from $27.235 to $27.790 per share, all executed on February 6, 2026.

How many MGIC (MTG) shares does Paula C. Maggio hold after the reported sale?

After the reported sale, Paula C. Maggio directly held 114,688.68 MGIC common shares. She also had an indirect beneficial holding of 110,422 shares through an individual trust, according to the beneficial ownership figures disclosed in the Form 4 filing.

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.

How are indirect MGIC (MTG) share holdings reported for Paula C. Maggio?

The Form 4 reports 110,422 MGIC shares as indirectly owned by Paula C. Maggio through an individual trust. Indirect ownership reflects shares held via entities or accounts associated with the insider rather than directly in the insider’s own name.
Mgic Inv Cp

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