MGIC Investment COO Sells Over 10,000 Shares

Salvatore Miosi, the Chief Operating Officer of MGIC Investment, has sold a significant portion of his shares in the company.

Apr. 2, 2026 at 8:54pm

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A dramatic close-up of gears, levers, and other industrial banking equipment, conveying the tangible, physical nature of the company's financial operations.An insider's view of the financial machinery powering MGIC Investment's mortgage insurance business.Today in Milwaukee

Salvatore Miosi, the Chief Operating Officer of MGIC Investment Corporation (NYSE:MTG), has sold 10,931 shares of the company's stock. The shares were sold at an average price of $26.25, for a total value of $286,938.75. Following the transaction, Miosi now owns 590,951 shares in the company, valued at $15,512,463.75.

Why it matters

This sale represents a 1.82% decrease in Miosi's ownership stake in MGIC Investment. Insider transactions like this can provide insights into a company's performance and the confidence of its leadership team.

The details

The transaction was executed under a pre-arranged Rule 10b5-1 trading plan, which allows corporate insiders to schedule stock trades in advance and avoid allegations of insider trading. MGIC Investment is a leading provider of private mortgage insurance in the United States.

  • The shares were sold on Wednesday, April 1st, 2026.

The players

Salvatore Miosi

The Chief Operating Officer of MGIC Investment Corporation.

MGIC Investment Corporation

A leading provider of private mortgage insurance in the United States.

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The takeaway

This insider transaction provides insight into the leadership's perspective on MGIC Investment's current performance and future prospects. Investors will likely monitor any further changes in the company's insider ownership in the coming months.