MGIC CEO corrects tax share withholding entry
MGIC Investment Corp Chief Executive Officer Timothy J. Mattke filed an amended insider report to correct a prior tax-related share withholding entry.
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Rhea-AI Filing Summary
MGIC Investment Corp Chief Executive Officer Timothy J. Mattke filed an amended insider report to correct a prior tax-related share withholding entry. The filing shows that 307,691 shares of common stock were withheld on March 2, 2026 to satisfy tax obligations tied to vesting shares, a non-market, compensation-related disposition.
The earlier report stated 307,644 shares were withheld, and this amendment fixes that clerical error and adjusts his reported holdings. After this correction, Mattke directly beneficially owns 1,257,207.401 shares of common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 307,691 | $26.53 | $8.16M |
Footnotes (1)
- F1. The reporting person's Form 4, filed on March 3, 2026, reported that 307,644 shares were withheld to satisfy tax withholding obligations in connection with shares that vested on March 2, 2026. Due to a clerical error, the number of shares to be withheld was incorrectly calculated. This Form 4 corrects such error, including by decreasing the total amount of shares beneficially owned by the reporting person.
FAQ
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What does MGIC Investment (MTG) CEO Timothy Mattke’s amended Form 4 report?
What error is being corrected in this MGIC (MTG) CEO Form 4 amendment?
Is Timothy Mattke’s MGIC (MTG) Form 4/A an open-market stock sale?
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