Director in MGIC (NYSE: MTG) reports new RSUs and 49,537 share units
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
CHAPLIN C EDWARD
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,077.097 | $0.00 | -- |
| holding | Share Units | -- | -- | -- |
Holdings After Transaction:
Common Stock — 44,428.403 shares (Direct);
Share Units — 49,537.266 shares (Direct)
Footnotes (1)
- 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. 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. 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. 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. These Share Units are settled in cash, on a specified date, unless a qualified election for later distribution is made by the reporting person. 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
What insider transaction did MGIC (MTG) director C. Edward Chaplin report?
Director C. Edward Chaplin reported receiving 5,077.097 shares of MGIC common stock via Restricted Stock Units at no cost. These RSUs were granted under the company’s Omnibus Incentive Plan and increase his directly held common stock position to 44,428.4034 shares.
When will the new MGIC (MTG) RSUs reported by C. Edward Chaplin be settled?
The Restricted Stock Units will be settled in MGIC stock ten business days after February 1, 2027. The plan allows Chaplin to elect a later distribution date, in which case settlement would occur on that elected date instead of the default schedule.
Did MGIC (MTG) director C. Edward Chaplin pay for the 5,077.097 RSUs he received?
No, Chaplin paid no purchase price for the 5,077.097 RSUs. The filing states these units were awarded to him under MGIC’s Omnibus Incentive Plan, with no cash consideration required from the reporting person for the stock-based grant.