Maggio Paula C has filed a notice to sell 20,000 shares of MGIC Investment Corp, a transaction valued at approximately $576,200. This filing is significant as it reflects the personal financial decisions of a company officer, which could influence investor perception and market behavior.

Background

MGIC Investment Corp, identified under CIK 0000876437, operates in the surety insurance industry. The company is incorporated in Wisconsin and has its fiscal year ending on December 31. Recent filings include a Form 4 on August 10, 2026, and another Form 144 on August 7, 2026.

What the Filing Says

The filing, dated November 6, 2026, indicates that Maggio is selling the shares acquired through restricted stock vesting as part of her compensation. The filing states, "Maggio Paula C has filed to sell 20,000 shares of MGIC Investment Corp." This sale is part of a broader trend where executives manage their personal investment portfolios.

Impact

This transaction may impact MGIC Investment Corp’s stock performance as it reflects insider activity. It could also influence other executives in the surety insurance industry, prompting them to consider their own stock holdings and potential sales.

What's Next

The filing does not say what happens next.

Details of the Transaction

The shares being sold by Maggio were acquired on February 28, 2025, through restricted stock vesting as part of her compensation package. This indicates that the shares were granted to her as part of her role as an officer of the company, reflecting her long-term commitment to MGIC Investment Corp.

Recent Activity

Prior to this filing, Maggio had also sold 20,000 shares on August 7, 2026, for gross proceeds of approximately $606,000. This previous sale, along with the current transaction, highlights a pattern of stock sales by Maggio, which may be part of a planned divestment strategy.

Brokerage Information

The shares from this transaction are being facilitated by Fidelity Brokerage Services LLC, which is located in Smithfield, Rhode Island. This brokerage's involvement indicates a formal process in executing the sale of the shares.

Outstanding Shares

As of the filing date, there are a total of 198,949,274 shares of MGIC Investment Corp outstanding. The sale of 20,000 shares represents a small fraction of the total shares, yet insider transactions can still carry weight in investor sentiment.

Conclusion

The filing does not provide insights into Maggio's future plans regarding her remaining shares or any potential impact on MGIC Investment Corp's strategic direction.