MGIC director awarded 29 dividend-equivalent shares

MGIC Investment Corp director Curt S. Culver reported a small share acquisition tied to existing equity awards.

Rhea-AI Filing Summary

MGIC Investment Corp director Curt S. Culver reported a small share acquisition tied to existing equity awards. He received 29.075 shares of common stock as dividends paid on Restricted Stock Units under the company’s Omnibus Incentive Plan, with no price paid for the shares.

Following this award, he directly holds 21,639.6894 shares of common stock and indirectly holds 12,065 shares through a family trust.

Insider Trade Summary

Grant/Award: 29.075 shares

Grant/Award 2 txns

Insider CULVER CURT S

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	29.075	$0.00	$0.00
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 21,639.6894 shares (Direct); Common Stock — 12,065 shares (Indirect, By a Family Trust)

Footnotes (1)

1. 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.

Key Figures

RSU dividend shares awarded: 29.075 shares Direct common shares after award: 21,639.6894 shares Indirect common shares via family trust: 12,065.0000 shares

3 metrics

RSU dividend shares awarded 29.075 shares Dividends paid on Restricted Stock Units; no price paid

Direct common shares after award 21,639.6894 shares Direct holdings following the A-code acquisition

Indirect common shares via family trust 12,065.0000 shares Indirect holdings reported as By a Family Trust

Key Terms

Restricted Stock Units, Omnibus Incentive Plan, Family Trust, indirect

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.

Family Trust financial

"nature_of_ownership": "By a Family Trust""

indirect financial

""ownership_type": "indirect", "ownership_code": "I""

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did MGIC (MTG) director Curt S. Culver report?

Curt S. Culver reported receiving 29.075 MGIC common shares. These were credited as dividends on Restricted Stock Units under the company’s Omnibus Incentive Plan, so he paid no purchase price for the new shares.

How many MGIC (MTG) shares does Curt S. Culver hold after this Form 4?

After the reported transactions, Curt S. Culver directly holds 21,639.6894 MGIC common shares. He also indirectly holds 12,065 additional shares through a family trust, according to the ownership details disclosed.

Was cash paid for the MGIC (MTG) shares reported in this Form 4?

No cash was paid for these MGIC shares. The 29.075 shares were issued as dividends on existing Restricted Stock Units, and the filing states explicitly that no price was paid by the reporting person.

What is the nature of Curt S. Culver’s indirect MGIC (MTG) share ownership?

The filing shows 12,065 MGIC common shares held indirectly through a family trust. This indicates those shares are owned via an estate-planning vehicle rather than directly in Curt S. Culver’s personal name.

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

Transaction code A in the Form 4 indicates a grant, award, or other acquisition of shares. Here, it reflects 29.075 MGIC shares received as dividend equivalents on Restricted Stock Units, not an open-market purchase.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 05/22/2026 - 03:12 PM EDT Learn about SEC filing dates

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^*

CULVER CURT S

(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		29.075	A	(1)	21,639.6894	D
Common Stock								12,065	I	By a Family Trust

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)