MGIC INVESTMENT CORP·4

Feb 3, 5:27 PM ET

Miosi Salvatore A 4

Research Summary

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Updated

MGIC (MTG) President Salvatore Miosi Sells 30,000 Shares

What Happened
Salvatore A. Miosi, President and COO of MGIC Investment Corporation (MTG), sold 30,000 shares in an open-market transaction on 2026-02-02 at a weighted average price of $27.27 per share for total proceeds of $817,980. The sale was executed pursuant to a Rule 10b5-1 trading plan adopted by Miosi on 03/06/2025. The Form 4 also voluntarily reports earlier intra-family trust transfers (see Key Details).

Key Details

  • Primary sale: 30,000 shares sold on 2026-02-02; weighted average price $27.27; total reported proceeds $817,980.
    • The sale prices ranged from $26.860 to $27.650; the filing reports a weighted average and the filer will provide a per-price breakdown on request (footnote).
  • Earlier reported transactions (voluntary): transfers on 2025-02-14 of 75,005 shares and on 2026-01-21 of 309,839 shares (each reported as both an acquisition and a disposition). These were transfers from the reporting person’s family trust to the reporting person (footnote). No cash price was reported for those transfers.
  • Plan disclosure: The 2026-02-02 sale was effected under a Rule 10b5-1 trading plan adopted 03/06/2025 (footnote).
  • Shares owned after transaction: not specified in the Form 4 provided.
  • Filing timeliness: Report covers transactions through 2026-02-02 and was filed 2026-02-03 — appears timely.

Context: Sales executed under 10b5-1 plans are pre-arranged trading programs and are often routine; the trust transfers reported here are internal family transfers and are not market purchases or sales. This summary is factual and does not infer motivation.