MGIC director declines RSU grant, updates holdings

MGIC Investment Corp director Jodee A. Kozlak filed an amended Form 4 to clarify that she declined a previously reported restricted stock unit (RSU) grant, which was cancelled for no value and with no consideration paid.

Rhea-AI Filing Summary

MGIC Investment Corp director Jodee A. Kozlak filed an amended Form 4 to clarify that she declined a previously reported restricted stock unit (RSU) grant, which was cancelled for no value and with no consideration paid. The amendment states she directly and beneficially owned 34,417.5201 shares of common stock on February 6, 2026.

The filing also notes her participation in MGIC’s Deferred Compensation Plan for Non-Employee Directors, where Share Units track the issuer’s common stock on a one-for-one basis, have no fixed expiration, and are settled in cash on specified distribution dates, subject to any qualified deferral elections.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Kozlak Jodee A

Role Director

Type	Security	Shares	Price	Value
holding	Share Units	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Share Units — 29,367.1778 contracts (Direct); Common Stock — 34,417.5201 shares (Direct)

Footnotes (5)

1. F1. This amendment is being filed to state that the reporting person declined the grant of, and thus was deemed never to have acquired, the restricted stock units ("RSUs") reported in the reporting person's Form 4/A filed on February 6, 2026. The award of RSUs was cancelled for no value, and the reporting person received no consideration in connection with the cancellation. The aggregate amount of common stock directly and beneficially owned by the reporting person on February 6, 2026 was 34,417.5201.
2. F2. The reporting person participates in the MGIC Investment Corporation Deferred Compensation Plan for Non-Employee Directors under which units corresponding to shares of Common Stock of the Issuer ("Share Units") are awarded to the reporting person and/or acquired through compensation deferral.
3. F3. These Share Units do not have a specified dollar-denominated exercise or conversion price. Their value is based, on a one-for-one basis, on the price of the Issuer's common stock on the New York Stock Exchange.
4. F4. These Share Units are settled in cash, on a specified date, unless a qualified election for later distribution is made by the reporting person.
5. F5. These Share Units do not expire on a fixed date. They are settled in cash on a specified date, unless a qualified election for later distribution is made by the reporting person.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did MGIC Investment (MTG) director Jodee Kozlak change in this amended Form 4?

The amended Form 4 clarifies that Jodee Kozlak declined a previously reported restricted stock unit grant. The award was cancelled for no value, and she received no consideration. The filing also restates her directly owned common stock position on February 6, 2026.

How many MGIC Investment (MTG) common shares does Jodee Kozlak directly own?

The amendment reports that Jodee Kozlak directly and beneficially owned 34,417.5201 shares of MGIC Investment common stock on February 6, 2026. This figure reflects her aggregate direct ownership after the RSU grant was declined and deemed never to have been acquired.

What happened to the previously reported RSU award for MGIC Investment (MTG) director Jodee Kozlak?

The filing states that the restricted stock units previously reported were cancelled for no value after Jodee Kozlak declined the grant. She was deemed never to have acquired the RSUs and received no cash or other consideration in connection with the cancellation.

How does MGIC Investment’s (MTG) Deferred Compensation Plan for Non-Employee Directors work for Jodee Kozlak?

The filing explains that Jodee Kozlak participates in a deferred compensation plan where Share Units correspond to MGIC common stock. These units are awarded or acquired through compensation deferral and are settled in cash on specified dates, with potential later distribution via qualified elections.

What are MGIC Investment (MTG) Share Units held by Jodee Kozlak based on?

The Share Units’ value is based one-for-one on the price of MGIC Investment’s common stock on the New York Stock Exchange. They have no dollar-denominated exercise or conversion price and are ultimately settled in cash rather than stock on designated distribution dates.

Do MGIC Investment (MTG) Share Units held by Jodee Kozlak expire on a fixed date?

The filing states that these Share Units do not expire on a fixed date. Instead, they are settled in cash on a specified date, unless Jodee Kozlak makes a qualified election for a later distribution under the terms of the deferred compensation plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 03/09/2026 - 04:13 PM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED 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^*

Kozlak Jodee A

(Last) (First) (Middle)

C/O MGIC INVESTMENT CORPORATION

250 E. KILBOURN AVE.

(Street)

MILWAUKEE WI 53202

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
MGIC INVESTMENT CORP [ MTG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/04/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)
02/06/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

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)
			Code	V	Amount	(A) or (D)	Price
Common Stock								34,417.5201(1)	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Share Units(2)	(3)							(4)	(5)	Common Stock	29,367.1778		29,367.1778	D

Explanation of Responses:

1. This amendment is being filed to state that the reporting person declined the grant of, and thus was deemed never to have acquired, the restricted stock units ("RSUs") reported in the reporting person's Form 4/A filed on February 6, 2026. The award of RSUs was cancelled for no value, and the reporting person received no consideration in connection with the cancellation. The aggregate amount of common stock directly and beneficially owned by the reporting person on February 6, 2026 was 34,417.5201.

2. The reporting person participates in the MGIC Investment Corporation Deferred Compensation Plan for Non-Employee Directors under which units corresponding to shares of Common Stock of the Issuer ("Share Units") are awarded to the reporting person and/or acquired through compensation deferral.

3. These Share Units do not have a specified dollar-denominated exercise or conversion price. Their value is based, on a one-for-one basis, on the price of the Issuer's common stock on the New York Stock Exchange.

4. These Share Units are settled in cash, on a specified date, unless a qualified election for later distribution is made by the reporting person.

5. These Share Units do not expire on a fixed date. They are settled in cash on a specified date, unless a qualified election for later distribution is made by the reporting person.

Remarks:

	Leslie A. Schunk, Attorney-in-Fact	03/09/2026
	** Signature of Reporting Person	Date
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.