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MGIC Investment (NYSE: MTG) director corrects RSU grant and updates holdings

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

Rhea-AI Filing Summary

MGIC Investment Corp director reports an amended equity award and updated holdings. On February 4, 2026, the director acquired 5,075.188 shares of common stock as a restricted stock unit (RSU) award under the company’s Omnibus Incentive Plan, with no cash price paid.

After this correction, the director beneficially owns 39,492.7081 shares of common stock directly, plus 29,367.1778 share units in the Deferred Compensation Plan for Non‑Employee Directors, which track MGIC’s stock price one-for-one and are settled in cash on specified dates.

The filing is an amendment that reduces the originally reported RSU acquisition by 1.909 share units due to an administrative error and clarifies that the RSUs will be settled in stock around February 1, 2027, unless the director has elected a later distribution date.

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Insider Kozlak Jodee A
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 5,075.188 $0.00 $0.00
holding Share Units -- -- --
Holdings After Transaction: Common Stock — 39,492.7081 shares (Direct); Share Units — 29,367.1778 shares (Direct)
Footnotes (7)
  1. F1. 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. F2. 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. 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.
  4. F4. 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. F5. 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. F6. 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. F7. 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.

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Form 4 Insider Transactions: What Each Field Means →

FAQ

What insider transaction did MGIC Investment Corp (MTG) report in this Form 4/A?
MGIC Investment Corp reported that a director acquired 5,075.188 shares of common stock through a restricted stock unit award dated February 4, 2026. The award was granted under the company’s Omnibus Incentive Plan, and the director did not pay a purchase price for these shares.

Why was this MGIC (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 share units acquired on February 4, 2026 had been overstated by 1.909 shares, and this amendment revises the reported RSU grant to reflect the accurate amount credited to the director.

How many MGIC (MTG) common shares does the reporting director now beneficially own?
Following the corrected transaction, the director beneficially owns 39,492.7081 shares of MGIC common stock directly. This figure reflects the updated restricted stock unit award and provides investors with the director’s current reported equity stake in MGIC’s common stock after the amended filing.

What are the MGIC (MTG) deferred compensation share units held by the director?
The director holds 29,367.1778 share units under MGIC’s Deferred Compensation Plan for Non-Employee Directors. These units track MGIC’s common stock price on a one-for-one basis but are settled in cash on specified dates, rather than in shares, based on the director’s distribution elections.

When will the reported MGIC (MTG) restricted stock units be settled?
The restricted stock units are scheduled to be settled in MGIC common stock ten business days after February 1, 2027. However, the director may have made a qualified election for a later distribution date, in which case settlement would occur at that later time instead.

Did the MGIC (MTG) director pay a price for the new restricted stock units?
No cash price was paid by the director for the restricted stock units. The RSUs were awarded pursuant to MGIC Investment Corporation’s Omnibus Incentive Plan as part of director compensation, making them a stock-based grant rather than an open-market purchase of MGIC shares.
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*
Kozlak Jodee A
(Last) (First) (Middle)
C/O MGIC INVESTMENT CORPORATION
250 E. KILBOURN AVE.
(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) 39,492.7081 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 29,367.1778 29,367.1778 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