Maggio Paula C 4
4 · MGIC INVESTMENT CORP · Filed Feb 9, 2026
Research Summary
AI-generated summary of this filing
MGIC (MTG) EVP & General Counsel Paula C. Maggio Sells 20,000 Shares
What Happened
Paula C. Maggio, Executive Vice President and General Counsel of MGIC Investment Corporation (MTG), sold 20,000 shares in an open-market transaction on February 6, 2026. The sales totaled approximately $550,160 at a weighted average price of $27.51 per share. This was a sale (not a purchase), which is often routine insider selling and does not by itself indicate the insider's current view of the company.
Key Details
- Transaction date: February 6, 2026; Form 4 filed February 9, 2026 (filed within the required reporting window).
- Sale details: 20,000 shares sold for a weighted average price of $27.51, total proceeds ~$550,160.
- Price range: Shares were sold in multiple trades at prices between $27.235 and $27.790 (inclusive); the filer can provide a breakdown on request (see footnote).
- Plan: Transaction executed under a Rule 10b5-1 trading plan adopted February 28, 2025 (pre-established trading plan).
- Shares owned after transaction: Not specified in this filing.
Context
A 10b5-1 plan means the trades were made according to a pre-set plan and are generally considered routine rather than a contemporaneous signal of the insider’s view. Sales are common for insiders for diversification or liquidity; purchases tend to be more indicative of bullish conviction. The filing includes a weighted-average price and a disclosed price range for the multiple executions.
Insider Transaction Report
- Sale
Common Stock
[F1][F2]2026-02-06$27.51/sh−20,000$550,160→ 114,688.68 total
- 110,422(indirect: By Trust)
Common Stock
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 February 28, 2025.
- [F2]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.