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MGIC (NYSE: MTG) COO uses Rule 10b5-1 plan to sell shares

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

MGIC Investment Corp’s President & COO, Salvatore A. Miosi, reported several changes in his holdings of MGIC common stock. On multiple dates in 2025 and 2026, shares were transferred between a family trust and his direct ownership. On February 2, 2026, he directly sold 30,000 shares of common stock at a weighted average price of $27.266 per share, in transactions priced between $26.860 and $27.650. This sale was effected under a Rule 10b5-1 trading plan adopted on March 6, 2025. Following the February 2, 2026 sale, he directly owned 454,245.361 MGIC common shares.

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*
Miosi Salvatore A

(Last) (First) (Middle)
C/O MGIC INVESTMENT CORPORATION
250 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)
President & COO
3. Date of Earliest Transaction (Month/Day/Year)
02/02/2026
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 02/14/2025 J V 75,005 D (1) 309,839 I By a family trust
Common Stock 02/14/2025 J V 75,005 A (1) 174,406.361 D
Common Stock 01/21/2026 J V 309,839 D (1) 0 I By a family trust
Common Stock 01/21/2026 J V 309,839 A (1) 484,245.361 D
Common Stock 02/02/2026 S(2) 30,000 D $27.266(3) 454,245.361 D
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. These shares were transferred from the reporting person's family trust to the reporting person. This transaction is being reported on this Form 4 voluntarily.
2. The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 03/06/2025.
3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.860 to $27.650, inclusive. The reporting person undertakes to provide MGIC Investment Corporation, any security holder of MGIC Investment Corporation, or the staff of the Securities and Exchanged 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 02/03/2026
** 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) President & COO Salvatore A. Miosi report?

Salvatore A. Miosi reported multiple changes in his MGIC common stock holdings, including a direct sale of 30,000 shares on February 2, 2026. He also reported prior share transfers between a family trust and his direct ownership during 2025 and January 2026.

How many MGIC (MTG) shares did Salvatore A. Miosi sell and at what price?

On February 2, 2026, Salvatore A. Miosi sold 30,000 shares of MGIC common stock at a weighted average price of $27.266 per share. The individual sale prices ranged from $26.860 to $27.650, as disclosed in the Form 4 footnotes.

How many MGIC (MTG) shares does Salvatore A. Miosi own after the reported sale?

After the February 2, 2026 sale, Salvatore A. Miosi directly owned 454,245.361 shares of MGIC common stock. This figure reflects his holdings following the 30,000-share sale executed under his Rule 10b5-1 trading plan.

What role did the family trust play in Salvatore A. Miosi’s MGIC (MTG) share holdings?

A family trust previously held MGIC common shares indirectly for Salvatore A. Miosi. On February 14, 2025 and January 21, 2026, shares were transferred from the family trust to him, moving 75,005 and then 309,839 shares from indirect to direct ownership.

Was Salvatore A. Miosi’s MGIC (MTG) share sale made under a trading plan?

Yes. The February 2, 2026 sale of 30,000 MGIC shares was effected under a Rule 10b5-1 trading plan. The filing states that this trading plan was adopted by Salvatore A. Miosi on March 6, 2025.

What transaction code was used for Salvatore A. Miosi’s MGIC (MTG) share sale?

The February 2, 2026 sale of 30,000 MGIC common shares by Salvatore A. Miosi is reported with transaction code “S”. This code indicates a sale of securities in the Form 4’s non-derivative securities table for common stock.
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