MGIC CEO corrects 90,226-share RSU grant
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Rhea-AI Filing Summary
MGIC Investment Corporation's chief executive officer reported an amended equity award on a Form 4/A. On February 4, 2026, the CEO was granted 90,226 restricted stock units (RSUs), which will vest in equal installments on February 28 of 2027, 2028, and 2029, contingent on continued employment.
The amendment corrects an earlier filing in which the number of share units acquired on February 4, 2026 was overstated by 34 shares due to an administrative error. Following this correction, the CEO beneficially owns 912,814.401 shares of MGIC common stock directly.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 90,226 | $0.00 | $0.00 |
Footnotes (3)
- F1. These Restricted Stock Units will vest in equal installments on each of February 28, 2027, 2028, and 2029, subject to the reporting person's continued employment with the issuer.
- F2. Due to administrative error, the number of share units reported as acquired on February 4, 2026 was overstated by 34 shares. This amended Form 4 is being filed to correct the previously reported number.
- F3. These RSUs were awarded to the reporting person pursuant to the Issuer's Omnibus Incentive Plan and no price was paid by the reporting person for them.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did MGIC Investment Corp (MTG) report in this Form 4/A?
Why was MGIC Investment Corp (MTG) CEOs Form 4 amended?
How many restricted stock units did the MGIC (MTG) CEO receive on February 4, 2026?
What is the vesting schedule for the MGIC (MTG) CEOs 90,226 RSUs?
Did the MGIC (MTG) CEO pay anything for the RSUs reported in this filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.