MGIC Investment (NYSE: MTG) COO sells 30,000 shares under 10b5-1 trading plan
Rhea-AI Filing Summary
MGIC Investment Corp executive Salvatore A. Miosi, President & COO, sold 30,000 shares of Common Stock on August 3, 2026 at $29.70 per share in a sale in the open market or a private transaction under a Rule 10b5-1 trading plan adopted on 03/02/2026, and now directly holds 500,951.361 shares.
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Insights
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Insider Trade Summary 10b5-1
Net Seller: 30,000 shares
Net Sell
1 txn
Insider
Miosi Salvatore A
Role
President & COO
Sold
30,000 shs ($891K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1 | 30,000 | $29.70 | $891K |
Holdings After Transaction:
Common Stock — 500,951.361 shares (Direct)
Footnotes (1)
- F1. The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 03/02/2026.
Key Figures
Shares sold: 30,000 shares
Sale price: $29.70 per share
Shares owned after sale: 500,951.361 shares
+1 more
4 metrics
Shares sold
30,000 shares
Common Stock sold on August 3, 2026
Sale price
$29.70 per share
Price for the 30,000-share sale on August 3, 2026
Shares owned after sale
500,951.361 shares
Direct holdings of Salvatore A. Miosi following the transaction
Sale transactions
1 transaction
Number of sale transactions reported in transactionSummary
Key Terms
Rule 10b5-1 trading plan, open market or private transaction, non-derivative
3 terms
Rule 10b5-1 trading plan regulatory
"The transaction was effected pursuant to a Rule 10b5-1 trading plan adopted"
A Rule 10b5-1 trading plan is a pre-arranged schedule that allows company insiders to buy or sell stock at specific times, even if they have inside information. It helps prevent accusations of unfair trading by making these transactions look planned and transparent, rather than sneaky or illegal.
open market or private transaction financial
"transaction_code_description: Sale in open market or private transaction"
non-derivative financial
"transaction_type: non-derivative"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider trade did MGIC Investment (MTG) report for Salvatore A. Miosi?
MGIC Investment reported that President & COO Salvatore A. Miosi sold 30,000 shares of Common Stock. The sale occurred on August 3, 2026 at a price of $29.70 per share in an open-market or private transaction under a Rule 10b5-1 plan.
Was the MGIC Investment (MTG) insider sale made under a Rule 10b5-1 plan?
Yes, the sale was executed under a Rule 10b5-1 trading plan. The filing notes the plan was adopted by Salvatore A. Miosi on 03/02/2026, and the Form 4 affirms use of a Rule 10b5-1 plan checkbox.
How large was the MGIC Investment (MTG) insider’s net selling activity in this Form 4?
The Form 4 reports net selling activity of 30,000 shares of MGIC Investment Common Stock. Transaction summary data shows one sale transaction, with netBuySellShares of -30,000, indicating solely net-sell activity in this report.