MGIC INVESTMENT CORP·4

Mar 3, 4:46 PM ET

Miosi Salvatore A 4

Research Summary

AI-generated summary

Updated

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

What Happened
Salvatore A. Miosi, President & COO of MGIC Investment Corporation (MTG), sold 30,000 shares in an open-market transaction on 2026-03-02. The filing reports a weighted average sale price of $27.04, for aggregate proceeds of approximately $811,050. The sale is coded as an S (disposition).

Key Details

  • Transaction date: 2026-03-02; Filing date: 2026-03-03 (filed the next day).
  • Reported weighted average price: $27.04; actual sale prices ranged from $26.320 to $27.260. The filer will provide a breakdown of the number of shares sold at each price on request (see footnote).
  • Total shares sold: 30,000; total proceeds: ~$811,050.
  • Shares owned after transaction: Not specified in the provided filing.
  • Notable footnotes: Transaction was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 03/06/2025 (pre-arranged trading plan). The weighted average price reflects multiple executions; the filer can supply the per-price breakdown.
  • Transaction type: Sale (S) — sales under 10b5-1 plans are typically pre-arranged and do not necessarily indicate a change in viewpoint on the company.

Context
Sales by insiders can be routine (e.g., scheduled under 10b5-1 plans) and do not by themselves signal management sentiment. This sale was executed under a 10b5-1 plan adopted in March 2025, which generally means the trades were pre-authorized according to a predetermined schedule or formula.