MGIC Investment (NYSE: MTG) grants EVP 17,300 restricted stock units
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MGIC Investment Corp EVP and General Counsel Paula C. Maggio reported a grant of 17,300 shares of common stock on February 4, 2026. These shares are in the form of Restricted Stock Units that vest in three equal installments on February 28, 2027, 2028, and 2029, conditioned on continued employment.
The RSUs were awarded under MGIC’s Omnibus Incentive Plan and no price was paid for them. After this grant, Maggio beneficially owns 134,694.68 shares directly, with an additional 110,422 shares held indirectly through an individual trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Maggio Paula C
Role
EVP and General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 17,300 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 134,694.68 shares (Direct);
Common Stock — 110,422 shares (Indirect, By an individual trust)
Footnotes (1)
- These Restricted Stock Units will vest in equal installments on each of February 28, 2027, 2028, and 2029, subject to the reporting person's continued employment with the issuer. 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.
FAQ
What insider transaction did MGIC (MTG) report for Paula C. Maggio?
MGIC reported that EVP and General Counsel Paula C. Maggio received 17,300 Restricted Stock Units on February 4, 2026. The award was made in common stock under MGIC’s Omnibus Incentive Plan and was recorded on a Form 4 insider trading report.
How do Paula C. Maggio’s 17,300 MGIC RSUs vest over time?
The 17,300 Restricted Stock Units vest in three equal installments on February 28 of 2027, 2028, and 2029. Each vesting date requires Maggio to remain employed with MGIC, aligning the equity compensation with multi‑year service at the company.
Did Paula C. Maggio pay any price for the 17,300 MGIC RSUs?
No cash price was paid for the 17,300 Restricted Stock Units granted to Paula C. Maggio. The Form 4 notes that the RSUs were awarded under MGIC’s Omnibus Incentive Plan, with a transaction price per share reported as 0.0000 for this equity grant.
What portion of Paula C. Maggio’s MGIC holdings are indirect through a trust?
The Form 4 discloses that 110,422 MGIC common shares are held indirectly for Paula C. Maggio by an individual trust. This indirect position is reported separately from her directly held 134,694.68 shares, clarifying how her overall beneficial ownership is structured.