MGIC Investment (NYSE: MTG) director granted dividend-equivalent shares

Rhea-AI Filing Summary

MGIC Investment Corp director Teresita M. Lowman reported an acquisition of common stock tied to her existing equity awards. On May 21, 2026, she received 194.497 shares of common stock as dividends paid on Restricted Stock Units under the company’s Omnibus Incentive Plan, with no cash price paid. Following this award, her direct holdings increased to 34,344.2699 shares of common stock, representing a small addition to her existing position and reflecting routine, compensation-related activity rather than an open-market trade.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Lowman Teresita M.

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	194.497	$0.00	--

Holdings After Transaction: Common Stock — 34,344.27 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Shares awarded: 194.497 shares Price per share: $0.0000 Post-transaction holdings: 34,344.2699 shares +2 more

5 metrics

Shares awarded 194.497 shares Dividend-equivalent shares on RSUs, May 21, 2026

Price per share $0.0000 No cash price paid for awarded shares

Post-transaction holdings 34,344.2699 shares Common stock held directly after award

Transaction code A (grant/award acquisition) Non-derivative common stock transaction

Insider role Director Reporting person Teresita M. Lowman

Key Terms

Restricted Stock Units, Omnibus Incentive Plan, Common Stock, Grant, award, or other acquisition

4 terms

Restricted Stock Units financial

"Dividends paid on Restricted Stock Units awarded under the Issuer's Omnibus Incentive Plan."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Omnibus Incentive Plan financial

"Restricted Stock Units awarded under the Issuer's Omnibus Incentive Plan."

An omnibus incentive plan is a single, flexible program a company uses to give employees and executives different types of pay tied to performance — for example stock options, restricted shares, cash bonuses and other awards — all governed by one set of rules. It matters to investors because it determines how many new shares may be created, how leaders are motivated and how much the company will spend on compensation over time; think of it as a master toolbox that affects both costs and the total share supply.

Common Stock financial

"security_title": "Common Stock""

Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

Form 4 Insider Transactions: What Each Field Means →

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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

Lowman Teresita M.

(Last) (First) (Middle)

C/O MGIC INVESTMENT CORPORATION

250 EAST KILBOURN AVENUE

(Street)

MILWAUKEE WISCONSIN 53202

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	05/21/2026		A		194.497	A	(1)	34,344.2699	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

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.

Remarks:

	Leslie A. Schunk, Attorney-in-Fact	05/22/2026
	** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did MGIC Investment Corp (MTG) disclose for Teresita M. Lowman?

MGIC Investment Corp reported that director Teresita M. Lowman received 194.497 shares of common stock on May 21, 2026. These shares were dividends on Restricted Stock Units granted under the Omnibus Incentive Plan, not an open-market purchase or sale.

Was cash paid for the MGIC (MTG) shares received by director Teresita M. Lowman?

No cash was paid for the shares. The 194.497 MGIC common shares represented dividends paid on existing Restricted Stock Units. According to the disclosure, no price was paid by the reporting person, making this a compensation-related stock award rather than a market transaction.

How many MGIC (MTG) shares does Teresita M. Lowman hold after this Form 4 transaction?

After the reported transaction, Teresita M. Lowman directly holds 34,344.2699 shares of MGIC common stock. The award of 194.497 dividend-equivalent shares modestly increased her position, reflecting ongoing participation in the company’s Omnibus Incentive equity compensation program.

What does the Form 4 transaction code 'A' mean in the MGIC (MTG) filing?

In this context, transaction code “A” indicates a grant, award, or other acquisition of MGIC shares. For Teresita M. Lowman, it reflects an automatic issuance of 194.497 shares as dividends on Restricted Stock Units, rather than a discretionary market trade.

Is the MGIC (MTG) insider transaction for Teresita M. Lowman a buy or sell signal?

The filing shows an acquisition tied to compensation, not a market buy or sell. Lowman received 194.497 shares as dividend equivalents on Restricted Stock Units, which is routine for equity awards and generally carries less informational value than open-market purchases or sales.