MGIC director receives 28 dividend-equivalent shares
MGIC INVESTMENT CORP (MTG) director Curt S. Culver reported an acquisition of 28.2560 shares of common stock on August 20, 2026.
Rhea-AI Filing Summary
MGIC INVESTMENT CORP (MTG) director Curt S. Culver reported an acquisition of 28.2560 shares of common stock on August 20, 2026. These shares represent dividends paid on Restricted Stock Units under the issuer's Omnibus Incentive Plan, and no price was paid for them. Following this dividend-related grant, Culver directly holds 21,667.9454 shares of common stock, in addition to 12,065.0000 shares held indirectly by a family trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 28.256 shares
Grant/Award
2 txns
Insider
CULVER CURT S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock F1 | 28.256 | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 21,667.9454 shares (Direct);
Common Stock — 12,065 shares (Indirect, By a Family Trust)
Footnotes (1)
- F1. Dividends paid on Restricted Stock Units awarded under the Issuer's Omnibus Incentive Plan. No price was paid by the reporting person for them.
Key Figures
Shares acquired: 28.2560 shares of common stock
Direct holdings after transaction: 21,667.9454 shares of common stock
Indirect holdings via Family Trust: 12,065.0000 shares of common stock
3 metrics
Shares acquired
28.2560 shares of common stock
Dividends paid on Restricted Stock Units on August 20, 2026
Direct holdings after transaction
21,667.9454 shares of common stock
Direct ownership by Curt S. Culver after August 20, 2026 acquisition
Indirect holdings via Family Trust
12,065.0000 shares of common stock
Indirect ownership by a Family Trust as reported on August 20, 2026
Key Terms
Restricted Stock Units, Omnibus Incentive Plan, Family Trust
3 terms
Restricted Stock Units financial
"Dividends paid on Restricted Stock Units awarded under the Issuer's Omnibus"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Omnibus Incentive Plan financial
"Restricted Stock Units awarded under the Issuer's Omnibus Incentive Plan."
An omnibus incentive plan is a single, flexible program a company uses to give employees and executives different types of pay tied to performance — for example stock options, restricted shares, cash bonuses and other awards — all governed by one set of rules. It matters to investors because it determines how many new shares may be created, how leaders are motivated and how much the company will spend on compensation over time; think of it as a master toolbox that affects both costs and the total share supply.
Family Trust financial
"Indirect ownership nature listed as "By a Family Trust"."
FAQ
What transaction did MTG director Curt S. Culver report on this Form 4?
Curt S. Culver reported an acquisition of 28.2560 shares of MGIC INVESTMENT CORP common stock on August 20, 2026. The shares were received as dividends on Restricted Stock Units under the company’s Omnibus Incentive Plan, with no cash price paid.
What indirect MTG holdings does Curt S. Culver report?
Curt S. Culver reports indirect ownership of 12,065.0000 shares of MGIC INVESTMENT CORP common stock, held by a Family Trust. This is reported separately from his direct holdings on the same date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
