MGIC EVP-CFO gets 24,061 RSUs in stock grant
MGIC Investment Corp executive Jennifer H. Schmitt received a grant of 24,061 restricted stock units (RSUs) of common stock on February 4, 2026.
Rhea-AI Filing Summary
MGIC Investment Corp executive Jennifer H. Schmitt received a grant of 24,061 restricted stock units (RSUs) of common stock on February 4, 2026. After this grant, she beneficially owned 264,990.972 shares directly.
The RSUs vest in three equal installments on February 28, 2027, 2028, and 2029, contingent on her continued employment with the company. The award was issued under MGIC’s Omnibus Incentive Plan, and no purchase price was paid for these RSUs. This amended Form 4 corrects a prior overstatement of the units granted by 9 shares due to an administrative error.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 24,061 | $0.00 | $0.00 |
Footnotes (3)
- F1. These Restricted Stock Units will vest in equal installments on each of February 28, 2027, 2028, and 2029, subject to the reporting person's continued employment with the issuer.
- F2. Due to administrative error, the number of share units reported as acquired on February 4, 2026 was overstated by 9 shares. This amended Form 4 is being filed to correct the previously reported number.
- 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.
FAQ
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What insider transaction did MGIC (MTG) report for February 4, 2026?
What is the vesting schedule of the 24,061 MGIC (MTG) restricted stock units?
Did the MGIC (MTG) executive pay a price for the restricted stock units?
Why was this MGIC (MTG) Form 4 filed as an amendment?
What is the position of the reporting person in MGIC (MTG)?
Under which plan were the MGIC (MTG) restricted stock units granted?
AI-generated analysis. How Rhea-AI works. Not financial advice.