4U 0142+61 is one of a small class of persistently bright magnetars. Here we report on a monitoring campaign of 4U 0142+61 from 2011 July 26 - 2016 June 12 using the Swift X-ray Telescope, continuing a 16 year timing campaign with the Rossi X-ray Timing Explorer. We show that 4U 0142+61 had two radiatively loud timing events, on 2011 July 29 and 2015 February 28, both with short soft gamma-ray bursts, and a long-lived flux decay associated with each case. We show that the 2015 timing event resulted in a net spin-down of the pulsar due to over-recovery of a glitch. We compare this timing event to previous such events in other high-magnetic-field pulsars, and discuss net spin-down glitches now seen in several young, high-B pulsars.
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