Mattke Timothy J. sold $4.2M of MTG
Mattke Timothy J. (Chief Executive Officer) sold 137,113 shares of MGIC INVESTMENT CORP (MTG) at $30.52 ($4.18M total) on 2026-08-05 under a Rule 10b5-1 trading plan.
How this was made
The 30-second read
Why it matters
The newest disclosed fact is the CEO’s open-market sale size, price, and post-transaction holdings, with confirmation of a pre-arranged 10b5-1 plan.
Market read
Traders may monitor for follow-on insider activity, but this filing alone does not change fundamentals or guidance.
What to watch
The filing does not disclose any new operational, financial, or regulatory development; traders should avoid over-weighting insider sales without corroborating catalysts.
Background
The article is an SEC Form 4 insider transaction report for MGIC Investment Corp (MTG).
Ticker impact
MGIC Investment Corp CEO Mattke Timothy J sold 137,113 shares at $30.5170 on 2026-08-05 under a pre-arranged 10b5-1 plan.
Likely limited, short-lived sentiment impact; no direct guidance or business change is disclosed.
Form 4 provides transaction details (size, price, post-sale holdings) and confirms a 10b5-1 plan, which typically reduces signal strength versus discretionary selling.
Market effects
No sector-level read-through is provided beyond routine insider activity.
None indicated.
None indicated.
Counterpoint
Because the sale is explicitly under a pre-arranged 10b5-1 plan, it may reflect scheduled liquidity needs rather than bearish expectations.
Key entities
- issuerMGIC Investment Corp
Subject of the Form 4 insider transaction disclosure.
- insiderMattke Timothy J.
CEO and director who sold shares under a 10b5-1 plan.