MGIC Investment Corp (NYSE: MTG) CEO sells shares via 10b5-1 plan

Rhea-AI Filing Summary

MGIC Investment Corp's Chief Executive Officer and director Timothy J. Mattke reported multiple open-market sales of MGIC common stock on January 13, 2026. The Form 4 shows several sale transactions coded "S" in Table I, all in common stock, at weighted average prices noted in the footnotes. These sales were executed under a Rule 10b5-1 trading plan that he adopted on May 6, 2025, meaning they followed a pre-arranged schedule.

Across the listed transactions, prices ranged from $25.625 to $27.849 per share, reflecting different trading ranges for each sale block. After completing the reported transactions, Mattke directly beneficially owned 822,588.401 shares of MGIC common stock. The filing reports only non-derivative transactions, with no derivative securities listed in Table II.

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

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

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^*

Mattke Timothy J.

(Last) (First) (Middle)

C/O MGIC INVESTMENT CORPORATION

250 EAST KILBOURN AVENUE

(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
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
01/13/2026

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

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	01/13/2026		S(1)		63,053	D	$25.888(2)	898,738.401	D
Common Stock	01/13/2026		S(1)		52,145	D	$27.18(3)	846,593.401	D
Common Stock	01/13/2026		S(1)		3,020	D	$27.798(4)	843,573.401	D
Common Stock	01/13/2026		S(1)		11,240	D	$25.897(5)	832,333.401	D
Common Stock	01/13/2026		S(1)		9,203	D	$27.181(6)	823,130.401	D
Common Stock	01/13/2026		S(1)		542	D	$27.774(7)	822,588.401	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

Explanation of Responses:

1. The transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on 05/06/2025.

2. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.625 to $26.560, inclusive. The reporting person undertakes to provide MGIC Investment Corporation, any security holder of MGIC Investment Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

3. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.665 to $27.660, inclusive. The reporting person undertakes to provide MGIC Investment Corporation, any security holder of MGIC Investment Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

4. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.720 to $27.840, inclusive. The reporting person undertakes to provide MGIC Investment Corporation, any security holder of MGIC Investment Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

5. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $25.647 to $26.632, inclusive. The reporting person undertakes to provide MGIC Investment Corporation, any security holder of MGIC Investment Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

6. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $26.671 to $27.660, inclusive. The reporting person undertakes to provide MGIC Investment Corporation, any security holder of MGIC Investment Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

7. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $27.720 to $27.849, inclusive. The reporting person undertakes to provide MGIC Investment Corporation, any security holder of MGIC Investment Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

Remarks:

	Leslie A. Schunk, Attorney-in-Fact	01/14/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider activity did MGIC Investment Corp (MTG) report in this Form 4?

The filing reports that Timothy J. Mattke, Chief Executive Officer and director of MGIC Investment Corp, executed several open-market sales of MGIC common stock on January 13, 2026, coded as sale transactions ("S") in Table I.

Were Timothy J. Mattkee28099s MGIC (MTG) stock sales part of a Rule 10b5-1 plan?

Yes. A footnote states that the transaction reported on this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on May 6, 2025, indicating the sales followed a pre-established plan.

What price ranges were reported for the MGIC (MTG) shares sold by the CEO?

For each sale block, the filing reports a weighted average price with ranges: from $25.625 to $26.560, $26.665 to $27.660, $27.720 to $27.840, $25.647 to $26.632, $26.671 to $27.660, and $27.720 to $27.849 per share.

How many MGIC Investment Corp (MTG) shares does the CEO own after these transactions?

After the reported sales, the Form 4 shows that Timothy J. Mattke directly beneficially owned 822,588.401 shares of MGIC Investment Corp common stock.

Did the MGIC (MTG) Form 4 report any derivative securities transactions?

No. Table II for derivative securities is present but contains no entries, indicating that no derivative securities were reported as acquired, disposed of, or beneficially owned in this Form 4.

Who signed the MGIC Investment Corp (MTG) Form 4 on behalf of the reporting person?

The Form 4 is signed by Leslie A. Schunk as Attorney-in-Fact for the reporting person, with the signature dated January 14, 2026.