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MGIC Investment (NYSE: MTG) EVP updates Form 4 tax-withholding share count

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

Rhea-AI Filing Summary

MGIC Investment Corp executive Paula C. Maggio filed an amended Form 4 to correct a prior tax-withholding entry. On shares that vested on March 2, 2026, a total of 61,070 shares of common stock were withheld to satisfy tax obligations, a figure previously misreported as 61,061 shares due to a clerical error.

After this correction, she reports 190,556.68 shares of common stock held directly and 110,422 shares held indirectly through an individual trust. The transaction reflects tax withholding by the issuer rather than an open-market sale.

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SEC Form 4
FORM 4UNITED 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*
Maggio Paula C

(Last)(First)(Middle)
270 EAST KILBOURN AVENUE

(Street)
MILWAUKEE WISCONSIN 53202

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
MGIC INVESTMENT CORP [ MTG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director10% Owner
XOfficer (give title below)Other (specify below)
EVP and General Counsel
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)
03/03/2026
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)
CodeVAmount(A) or (D)Price
Common Stock03/02/2026F61,070(1)D$26.53190,556.68D
Common Stock110,422IBy an individual trust
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. The reporting person's Form 4, filed on March 3, 2026, reported that 61,061 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.
Remarks:
Leslie A. Schunk, Attorney-in-Fact03/20/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)

FAQ

What did MGIC Investment (MTG) executive Paula C. Maggio report in this amended Form 4?

She corrected a prior tax-withholding entry related to vested shares. The amendment states that 61,070 shares were withheld for tax obligations on March 2, 2026, fixing an earlier clerical error that had reported 61,061 shares instead.

Was the MGIC Investment (MTG) Form 4/A transaction an open-market sale of shares?

No, the transaction reflects shares withheld for taxes, not a market sale. Code F indicates payment of tax liability by delivering securities, meaning the shares were retained by the issuer to satisfy tax obligations on vested stock.

How many MGIC Investment (MTG) shares were withheld for Paula Maggio’s taxes?

A total of 61,070 common shares were withheld to cover tax obligations. The amended filing explains that an earlier Form 4 overstated this amount as 61,061 shares because of a clerical miscalculation, which is now corrected.

What are Paula C. Maggio’s reported MGIC Investment (MTG) share holdings after the correction?

She reports 190,556.68 shares held directly and 110,422 shares held indirectly. The indirect position is held through an individual trust, while the corrected direct total reflects the adjusted tax-withholding share count.

Why did MGIC Investment (MTG) file an amended Form 4 for Paula Maggio?

The amendment fixes a clerical error in the original tax-withholding share count. It clarifies that 61,070 shares, not 61,061, were withheld for taxes on vested shares and reduces her reported beneficial ownership accordingly.
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