MGIC Investment CEO Sells Over $3.6M in Shares

Mattke's sale represents an 11% decrease in his position

Apr. 3, 2026 at 8:11pm

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A cinematic close-up of complex, industrial-looking banking machinery and mechanisms, conveying the physical and institutional strength of the mortgage insurance industry.An extreme close-up of the intricate inner workings of the financial industry reveals the tangible power and security behind MGIC Investment's mortgage insurance business.Today in Milwaukee

MGIC Investment Corporation (NYSE:MTG) CEO Timothy Mattke sold 139,202 shares of the company's stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $26.49, for a total transaction of $3,687,460.98. Following the sale, Mattke's ownership in the company decreased by 11.07% to 1,118,005 shares valued at $29,615,952.45.

Why it matters

Insider transactions, especially by top executives, can provide valuable insights into a company's performance and future prospects. Mattke's sale of a significant portion of his MGIC Investment holdings may signal his views on the company's outlook or a desire to diversify his personal investments.

The details

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

  • The stock sale occurred on Thursday, April 2nd, 2026.

The players

Timothy Mattke

CEO of MGIC Investment Corporation.

MGIC Investment Corporation

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

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What they’re saying

“This trade represents a 11.07% decrease in their position.”

— Timothy Mattke, CEO

The takeaway

Insider transactions can provide insights into a company's performance and future prospects. Mattke's sale of a significant portion of his MGIC Investment holdings may signal his views on the company's outlook or a desire to diversify his personal investments.