MGIC (MTG) director adds stock via dividends and share units

Rhea-AI Filing Summary

Sculley Sheryl L. reported acquisition or exercise transactions in this Form 4 filing.

MGIC Investment Corp director Sheryl L. Sculley reported routine compensation-related awards. She received 109.373 Share Units tied to MGIC common stock value through phantom dividend reinvestment under the non-employee director deferred compensation plan, bringing her Share Units balance to 19,636.1666. She also received 131.286 shares of common stock as dividends on Restricted Stock Units at no cost, increasing her direct common stock holdings to 35,023.3171 shares. The Share Units are cash-settled and track the stock price on a one-for-one basis.

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

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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).

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^*

Sculley Sheryl L.

(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
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/06/2026

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	03/06/2026		A		131.286	A	(1)	35,023.3171	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
Share Units(2)	(3)	03/06/2026		A		109.373		(4)	(5)	Common Stock	109.373	(6)	19,636.1666	D

Explanation of Responses:

1. Dividends paid on Restricted Stock Units awarded under the Issuer's Omnibus Incentive Plan. No price was paid by the reporting person for them.

2. 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.

3. 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.

4. These Share Units are settled in cash, on a specified date, unless a qualified election for later distribution is made by the reporting person.

5. 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.

6. These Share Units were acquired through phantom dividend reinvestment and no price was paid by the reporting person for the Share Units.

Remarks:

	Leslie A. Schunk, Attorney-in-Fact	03/10/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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FAQ

What did MGIC (MTG) director Sheryl L. Sculley report in this Form 4?

She reported , not market trades. Sculley received 109.373 Share Units and 131.286 common shares via dividend-related awards and plan mechanisms, with no cash paid by her for these acquisitions.

How many MGIC Share Units did Sheryl L. Sculley acquire and now hold?

She acquired 109.373 Share Units tied to MGIC common stock. After this award under the deferred compensation plan, her total Share Units balance increased to 19,636.1666, which are cash-settled and track the stock price one-for-one.

What are MGIC Share Units reported by director Sheryl L. Sculley?

They are cash-settled units whose value equals one share of MGIC common stock. They do not have a fixed exercise price, are awarded under the deferred compensation plan, and are settled in cash on a specified or later elected distribution date.

Did Sheryl L. Sculley buy or sell MGIC (MTG) stock on the market?

She did not report any open-market buys or sells. The Form 4 only shows grant or award acquisitions: Share Units and common shares received through dividend mechanisms and compensation plans, all at a reported price of $0.0000 per share.

How did Sheryl L. Sculley’s MGIC common stock holdings change?

She received 131.286 common shares as dividends on Restricted Stock Units, with no cash payment. Following this non-derivative award, her direct MGIC common stock holdings increased to 35,023.3171 shares reported in the filing.

How are Sheryl L. Sculley’s MGIC Share Units settled?

Her Share Units are settled in cash rather than stock. They are paid out on a specified date under the plan, unless she makes a qualified election for later distribution, and do not expire on a fixed date according to the disclosed terms.