MGIC Investment Corp (MTG) President & COO sells 30,000 shares under 10b5-1 plan
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MGIC Investment Corporation’s President and COO reported a stock sale under a pre-arranged trading plan. On 12/01/2025, the executive sold 30,000 shares of MGIC common stock in an open-market transaction coded as a sale. The weighted average sale price was $28.401 per share, with individual trades executed between $28.280 and $28.510.
After this transaction, the executive directly holds 129,401.361 shares of MGIC common stock and indirectly holds an additional 384,844 shares through a family trust. The sale was carried out pursuant to a Rule 10b5-1 trading plan adopted on 03/06/2025, indicating the trades were scheduled in advance.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 30,000 shares ($852,030)
Net Sell
2 txns
Insider
Miosi Salvatore A
Role
President & COO
Sold
30,000 shs ($852K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 30,000 | $28.401 | $852K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 129,401.361 shares (Direct);
Common Stock — 384,844 shares (Indirect, By a family 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 03/06/2025. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $28.280 to $28.510, 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 Investment Corp (MTG) report in this Form 4?
The President and COO of MGIC Investment Corp (MTG) reported an open-market sale of 30,000 shares of common stock on 12/01/2025.
Was the MGIC (MTG) insider sale made under a Rule 10b5-1 trading plan?
Yes. The filing states the transaction was effected under a Rule 10b5-1 trading plan adopted by the reporting person on 03/06/2025.
Who is the reporting person in this MGIC (MTG) Form 4 filing?
The reporting person is an officer of MGIC Investment Corp, serving as President & COO, as indicated in the relationship section of the filing.
Is this MGIC (MTG) Form 4 filed by one or multiple reporting persons?
The document indicates that the Form 4 is filed by one reporting person, not by a group.