MGIC President & COO awarded 33,083 RSUs
MGIC Investment Corp's President and COO reported an award of restricted stock units and corrected a prior filing.
Rhea-AI Filing Summary
MGIC Investment Corp's President and COO reported an award of restricted stock units and corrected a prior filing. On 02/04/2026, the officer acquired 33,083 restricted stock units, bringing direct ownership of common stock to 487,328.361 shares after the transaction.
The RSUs were granted under MGIC's Omnibus Incentive Plan at no cost to the officer and will vest in three equal installments on February 28 of 2027, 2028, and 2029, contingent on continued employment. The amendment clarifies that the originally reported number of share units acquired on February 4, 2026 had been overstated by 13 shares due to an administrative error.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 33,083 | $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 13 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did MGIC Investment Corp (MTG) report on February 4, 2026?
Why was the MGIC Investment Corp (MTG) Form 4 amended on February 5, 2026?
How do the new MGIC (MTG) restricted stock units for the President and COO vest?
Did the MGIC (MTG) President and COO pay a price for the new restricted stock units?
What is the President and COO’s MGIC (MTG) common stock ownership after the reported transaction?
What role does the reporting person hold at MGIC Investment Corp (MTG)?
AI-generated analysis. How Rhea-AI works. Not financial advice.