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MGIC Investment (NYSE: MTG) COO updates Form 4 tax-withheld shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4/A

Rhea-AI Filing Summary

MGIC Investment Corp President & COO Salvatore A. Miosi filed an amended Form 4 to correct a prior tax withholding entry tied to share vesting on March 2, 2026. The amendment reports that 129,321 shares of Common Stock were disposed of to satisfy tax withholding obligations, a non-market transaction classified as a tax-withholding disposition.

The earlier Form 4 had shown 129,302 shares withheld due to a clerical error in the calculation. After this correction, Miosi directly beneficially owns 601,882.361 shares of MGIC Investment Corp common stock. The event reflects routine payroll tax handling rather than an open-market sale.

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SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Miosi Salvatore A

(Last)(First)(Middle)
C/O MGIC INVESTMENT CORPORATION
250 EAST KILBOURN AVENUE

(Street)
MILWAUKEE WISCONSIN 53202

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
MGIC INVESTMENT CORP [ MTG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
President & COO
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)
03/03/2026
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Common Stock03/02/2026F129,321(1)D$26.53601,882.361D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The reporting person's Form 4, filed on March 3, 2026, reported that 129,302 shares were withheld to satisfy tax withholding obligations in connection with shares that vested on March 2, 2026. Due to a clerical error, the number of shares to be withheld was incorrectly calculated. This Form 4 corrects such error, including by decreasing the total amount of shares beneficially owned by the reporting person.
Remarks:
Leslie A. Schunk, Attorney-in-Fact03/20/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did MGIC Investment (MTG) report for Salvatore A. Miosi?

MGIC Investment reported that President & COO Salvatore A. Miosi had 129,321 common shares withheld to cover tax obligations on vested shares dated March 2, 2026. This was a tax-withholding disposition, not an open-market stock sale.

Why did MGIC Investment (MTG) file an amended Form 4 for Salvatore Miosi?

The amended Form 4 corrects a clerical error in an earlier filing that understated tax-withheld shares by 19. It updates the withheld amount to 129,321 shares and adjusts Miosi’s reported beneficial ownership accordingly.

How many MGIC Investment (MTG) shares does Salvatore Miosi own after the correction?

Following the corrected tax-withholding entry, Salvatore Miosi directly beneficially owns 601,882.361 shares of MGIC Investment Corp common stock. This figure reflects the revised number of shares withheld to satisfy tax obligations on March 2, 2026.

Was the MGIC Investment (MTG) insider transaction an open-market sale?

No, the transaction was classified as a tax-withholding disposition under code F, meaning shares were delivered to cover tax liabilities on vested stock. It did not represent a discretionary open-market sale of MGIC Investment shares by Salvatore Miosi.

What specific error did the original MGIC Investment (MTG) Form 4 contain?

The original Form 4 reported that 129,302 shares were withheld for taxes when shares vested on March 2, 2026. The amended filing states the correct figure is 129,321 shares, adjusting Miosi’s total beneficially owned shares downward.

How does the MGIC Investment (MTG) Form 4/A describe the nature of the insider transaction?

The Form 4/A describes the event as a payment of tax liability by delivering securities, coded F. It clarifies that the change stems from correcting a miscalculated withholding amount, rather than from new buying or selling activity in the market.
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