MGIC EVP & General Counsel amends RSU grant
MGIC Investment Corporation's Executive Vice President and General Counsel reported an amended grant of restricted stock units.
Rhea-AI Filing Summary
MGIC Investment Corporation's Executive Vice President and General Counsel reported an amended grant of restricted stock units. On February 4, 2026, the officer acquired 17,294 restricted stock units that vest in equal installments on February 28, 2027, 2028, and 2029, subject to continued employment.
The amended filing corrects an earlier administrative error that overstated the number of units acquired by 6 shares. Following the transaction, 134,688.68 shares of common stock are held directly, and 110,422 shares are held indirectly through an individual trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 17,294 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
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 6 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 on February 4, 2026?
Why was this MGIC Investment Corp (MTG) Form 4/A filing amended?
How do the restricted stock units for MGIC Investment Corp (MTG) executive vest?
What is the reporting person’s total direct and indirect MGIC Investment Corp (MTG) ownership after the transaction?
Did the MGIC Investment Corp (MTG) executive pay a price for the restricted stock units granted?
AI-generated analysis. How Rhea-AI works. Not financial advice.