Director at MGIC Investment (NYSE: MTG) files amended RSU award report
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
MGIC Investment Corp director filed an amended insider report to correct a recent restricted stock unit grant. On February 4, 2026, the director was awarded 5,075.188 RSUs under the company’s Omnibus Incentive Plan, with no price paid for the award.
The RSUs will be settled in stock ten business days after February 1, 2027, unless the director elected a later distribution. After this correction, the director beneficially owns 21,582.1514 common shares directly and 323,576 shares indirectly through a family trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
CULVER CURT S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,075.188 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 21,582.151 shares (Direct);
Common Stock — 323,576 shares (Indirect, By a Family Trust)
Footnotes (1)
- These Restricted Stock Units (RSUs) will be settled in stock ten business days after February 1, 2027, unless a qualified election for a later distribution was made by the reporting person. Due to administrative error, the number of share units reported as acquired on February 4, 2026 was overstated by 1.909 shares. This amended Form 4 is being filed to correct the previously reported number. 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
What insider transaction did MGIC Investment Corp (MTG) report on February 4, 2026?
A director of MGIC Investment Corp reported receiving 5,075.188 restricted stock units on February 4, 2026. These RSUs were granted under the company’s Omnibus Incentive Plan, and the reporting person did not pay any purchase price for the award.
Why was the MGIC Investment Corp (MTG) Form 4 amended?
The Form 4 was amended because the number of share units reported as acquired on February 4, 2026 was overstated by 1.909 shares. The amended filing corrects this error and updates the accurate RSU amount now shown as 5,075.188 units.
When will the MGIC Investment Corp director’s RSUs from February 2026 be settled?
The director’s restricted stock units will be settled in MGIC Investment Corp stock ten business days after February 1, 2027. This timing applies unless the reporting person made a qualified election choosing a later distribution date under the company’s plan rules.
Did the MGIC Investment Corp director pay for the February 2026 RSU award?
No, the director did not pay any price for the RSU award. The filing explains that these restricted stock units were granted under MGIC Investment Corp’s Omnibus Incentive Plan, and the reporting person paid no consideration to receive the 5,075.188 units.
What role does the reporting person hold at MGIC Investment Corp (MTG)?
The reporting person is identified as a director of MGIC Investment Corp. The Form 4 indicates the relationship by checking the director box, with no officer role or 10% owner status marked for this individual in the insider reporting details.