MGIC Investment (NYSE: MTG) director adds 145 shares, 276 units
Rhea-AI Filing Summary
MGIC INVESTMENT CORP (MTG) director C Edward Chaplin reported two compensation-related acquisitions of equity-linked interests on August 20, 2026. He received 145.482 shares of Common Stock as dividends paid on Restricted Stock Units, with no price paid by him, bringing his directly held Common Stock to 44,868.0344 shares.
Chaplin also acquired 275.801 Share Units under the MGIC Investment Corporation Deferred Compensation Plan for Non-Employee Directors through phantom dividend reinvestment, again with no price paid. These Share Units track the price of MGIC common stock on a one-for-one basis and are settled in cash on a specified distribution date. After this award, Chaplin holds 50,374.3261 Share Units on a direct basis.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Share Units F2, F3, F6, F4, F5 | 275.801 | -- | -- |
| Grant/Award | Common Stock F1 | 145.482 | -- | -- |
Footnotes (6)
- 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.
- 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.
- 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.
- 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.
- 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.
- F6. These Share Units were acquired through phantom dividend reinvestment and no price was paid by the reporting person for the Share Units.
Key Figures
Key Terms
Deferred Compensation Plan for Non-Employee Directors financial
Restricted Stock Units financial
phantom dividend reinvestment financial
settled in cash financial
FAQ
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