MGIC director awarded 5,077 restricted stock units
MGIC Investment Corporation director C. Edward Chaplin reported new equity awards and updated holdings.
Rhea-AI Filing Summary
MGIC Investment Corporation director C. Edward Chaplin reported new equity awards and updated holdings. On February 4, 2026, he acquired 5,077.097 shares of common stock at no cost through Restricted Stock Units granted under the company’s Omnibus Incentive Plan, bringing his direct common stock ownership to 44,428.4034 shares.
The RSUs will be settled in stock ten business days after February 1, 2027, unless he has elected a later distribution. Chaplin also holds 49,537.2661 deferred “Share Units” under MGIC’s Deferred Compensation Plan for Non-Employee Directors, whose value tracks the company’s common stock and are settled in cash on specified distribution dates.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,077.097 | $0.00 | $0.00 |
| holding | Share Units | -- | -- | -- |
Footnotes (6)
- F1. These Restricted Stock Units (RSUs) will be settled in stock ten business days after February 1, 2027, unless a qualified election for a later distribution was made by the reporting person.
- F2. These RSUs were awarded to the reporting person pursuant to the Issuer's Omnibus Incentive Plan and no price was paid by the reporting person for them.
- F3. 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.
- F4. 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.
- F5. These Share Units are settled in cash, on a specified date, unless a qualified election for later distribution is made by the reporting person.
- F6. 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
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What insider transaction did MGIC (MTG) director C. Edward Chaplin report?
When will the new MGIC (MTG) RSUs reported by C. Edward Chaplin be settled?
Did MGIC (MTG) director C. Edward Chaplin pay for the 5,077.097 RSUs he received?
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