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.