MGIC Investment (NYSE: MTG) CEO sells 137,113 shares in 10b5-1 trade
Rhea-AI Filing Summary
MGIC Investment Corp Chief Executive Officer Timothy J. Mattke reported selling 137,113 shares of common stock on 2026-08-05 at a weighted average price of $30.517 per share under a Rule 10b5-1 trading plan adopted on 05/04/2026. The shares were sold in multiple transactions at prices ranging from $30.38 to $30.895, and he now directly holds 980,892.401 shares.
Positive
- None.
Negative
- None.
Insights
Analyzing...
Insider Trade Summary 10b5-1
Net Seller: 137,113 shares
Net Sell
1 txn
Insider
Mattke Timothy J.
Role
Chief Executive Officer
Sold
137,113 shs ($4.18M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock F1, F2 | 137,113 | $30.517 | $4.18M |
Holdings After Transaction:
Common Stock — 980,892.401 shares (Direct)
Footnotes (2)
- F1. The transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 05/04/2026.
- F2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $30.38 to $30.895, 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.
Key Figures
Shares sold: 137113.0000 shares
Weighted average sale price: $30.5170 per share
Post-transaction holdings: 980892.4010 shares
+2 more
5 metrics
Shares sold
137113.0000 shares
Common stock sold by CEO Timothy J. Mattke on 2026-08-05
Weighted average sale price
$30.5170 per share
Average price for the 137,113 shares sold
Post-transaction holdings
980892.4010 shares
Direct common stock ownership after the sale
Low sale price in range
$30.38 per share
Lowest price among multiple sale transactions
High sale price in range
$30.895 per share
Highest price among multiple sale transactions
Key Terms
Rule 10b5-1 trading plan, weighted average price, open market or private transaction
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.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
open market or private transaction financial
"Sale in open market or private transaction"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did MGIC Investment Corp (MTG) CEO Timothy J. Mattke report?
Timothy J. Mattke reported selling 137,113 shares of MGIC Investment Corp common stock. The transaction occurred on 2026-08-05 at a $30.517 weighted average price per share, executed in multiple trades within a disclosed price range.
Was the MGIC Investment Corp (MTG) CEO stock sale made under a Rule 10b5-1 trading plan?
Yes. The reported sale was effected under a Rule 10b5-1 trading plan. The filing states that Timothy J. Mattke adopted this pre-arranged trading plan on 05/04/2026, and the 137,113-share transaction was executed pursuant to that plan.
What type of security did MGIC Investment Corp (MTG) CEO Timothy J. Mattke sell?
Timothy J. Mattke sold common stock of MGIC Investment Corp. The Form 4 identifies the security as common stock, with 137,113 shares sold in non-derivative transactions at a weighted average price of $30.517 per share.