MGIC Investment (MTG) director amends and corrects RSU award filing
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
MGIC Investment Corp director received a grant of 5,075.188 restricted stock units (RSUs) on February 4, 2026, bringing her directly held common stock beneficial ownership to 6,406.25 shares. The RSUs will be settled in stock ten business days after February 1, 2027, unless she elected a later distribution.
This is an amended insider filing correcting an administrative error that had overstated the February 4, 2026 RSU acquisition by 1.909 share units. The RSUs were awarded under MGIC’s Omnibus Incentive Plan, and no cash price was paid for them.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
O'Leary-Gill Daniela
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,075.188 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 6,406.25 shares (Direct)
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 in this Form 4/A?
A director of MGIC Investment Corp reported receiving 5,075.188 restricted stock units on February 4, 2026. This amended filing corrects a prior overstatement and shows total directly held common stock of 6,406.25 shares after the reported transaction.
Why was this 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. This correction adjusts the previously reported RSU award to the accurate 5,075.188 units granted to the director.
When will the MGIC Investment Corp (MTG) director’s RSUs be settled?
The director’s restricted stock units will be settled in stock ten business days after February 1, 2027. The plan allows a qualified election for a later distribution date, but any such election would be made under the terms of the company’s incentive plan.
Did the MGIC Investment Corp (MTG) director pay a price for the RSU award?
No cash price was paid by the director for these restricted stock units. The RSUs were awarded pursuant to MGIC Investment Corp’s Omnibus Incentive Plan, which grants equity-based compensation as part of the company’s overall director compensation structure.
What type of security was granted in this MGIC Investment Corp (MTG) insider transaction?
The transaction involved restricted stock units that will be settled in MGIC Investment Corp common stock. These RSUs represent a right to receive shares in the future, subject to the plan’s settlement schedule and any valid deferral elections by the director.