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MGIC Investment Corp (NYSE: MTG) director amends RSU grant and reports deferred units

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

Rhea-AI Filing Summary

A director of MGIC Investment Corp (MTG) reported an amended equity award and updated holdings. On February 4, 2026, the director acquired 5,075.188 restricted stock units (RSUs), bringing directly beneficially owned common stock to 34,891.9951 shares.

The filing corrects an earlier report that overstated the RSUs acquired by 1.909 shares due to an administrative error. These RSUs are scheduled to be settled in stock ten business days after February 1, 2027, unless the director elected a later distribution date.

The director also reports 19,526.7936 deferred share units under MGIC’s non‑employee director deferred compensation plan. These share units track MGIC common stock on a one‑for‑one basis and are settled in cash on a specified or elected later distribution date.

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Insider Sculley Sheryl L.
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 5,075.188 $0.00 --
holding Share Units -- -- --
Holdings After Transaction: Common Stock — 34,891.995 shares (Direct); Share Units — 19,526.794 shares (Direct)
Footnotes (1)
  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. The reporting person participates in the MGIC Investment Corporation Deferred Compensation Plan for Non-Employee Directors under which units corresponding to shares of Common Stock of the Issuer ("Share Units") are awarded to the reporting person and/or acquired through compensation deferral. These Share Units do not have a specified dollar-denominated exercise or conversion price. Their value is based, on a one-for-one basis, on the price of the Issuer's common stock on the New York Stock Exchange. These Share Units are settled in cash, on a specified date, unless a qualified election for later distribution is made by the reporting person. These Share Units do not expire on a fixed date. They are settled in cash on a specified date, unless a qualified election for later distribution is made by the reporting person.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4 UNITED 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*
Sculley Sheryl L.
(Last) (First) (Middle)
C/O MGIC INVESTMENT CORPORATION
250 EAST KILBOURN AVENUE
(Street)
MILWAUKEE WI 53202
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
MGIC INVESTMENT CORP [ MTG ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
Officer (give title below) Other (specify below)
3. Date of Earliest Transaction (Month/Day/Year)
02/04/2026
4. If Amendment, Date of Original Filed (Month/Day/Year)
02/05/2026 		6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
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)
Code V Amount (A) or (D) Price
Common Stock 02/04/2026 A 5,075.188(1)(2) A (3) 34,891.9951 D
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)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Share Units(4) (5) (6) (7) Common Stock 19,526.7936 19,526.7936 D
Explanation of Responses:
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.
2. 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.
3. 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.
4. The reporting person participates in the MGIC Investment Corporation Deferred Compensation Plan for Non-Employee Directors under which units corresponding to shares of Common Stock of the Issuer ("Share Units") are awarded to the reporting person and/or acquired through compensation deferral.
5. These Share Units do not have a specified dollar-denominated exercise or conversion price. Their value is based, on a one-for-one basis, on the price of the Issuer's common stock on the New York Stock Exchange.
6. These Share Units are settled in cash, on a specified date, unless a qualified election for later distribution is made by the reporting person.
7. These Share Units do not expire on a fixed date. They are settled in cash on a specified date, unless a qualified election for later distribution is made by the reporting person.
Remarks:
Leslie A. Schunk, Attorney-in-Fact 02/06/2026
** Signature of Reporting Person Date
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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did MGIC Investment Corp (MTG) report on February 4, 2026?

MGIC reported that a director acquired 5,075.188 restricted stock units (RSUs) on February 4, 2026. This increased the director’s directly beneficially owned MGIC common stock to 34,891.9951 shares, reflecting an updated equity position tied to the company’s share price.

Why was this MGIC Investment Corp (MTG) Form 4/A filed as an amendment?

The Form 4/A was filed to correct an administrative error in the original report. The number of RSUs acquired on February 4, 2026 had been overstated by 1.909 shares, and the amendment adjusts the reported RSU amount accordingly.

How and when will the reported RSUs for MGIC Investment Corp (MTG) be settled?

The reported MGIC RSUs will be settled in stock ten business days after February 1, 2027, unless the director made a qualified election for a later distribution. Settlement timing therefore depends on the original or any elected deferral choices.

What is the director’s total directly owned MGIC Investment Corp (MTG) common stock after the transaction?

After the reported RSU acquisition, the director beneficially owns 34,891.9951 shares of MGIC common stock directly. This figure reflects the updated holdings following the corrected February 4, 2026 equity award.

What are the deferred share units held by the MGIC Investment Corp (MTG) director?

The director holds 19,526.7936 deferred share units through MGIC’s Non‑Employee Director Deferred Compensation Plan. Each unit corresponds one‑for‑one to MGIC common stock value and is settled in cash on a specified date or an elected later distribution date.

Did the MGIC Investment Corp (MTG) director pay any price for the reported RSUs?

No, the director did not pay a purchase price for these RSUs. They were awarded under MGIC’s Omnibus Incentive Plan as part of director compensation, with value tied to the company’s common stock performance over time.