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Executive at MGIC Investment (NYSE: MTG) awarded 136,938 shares

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(Neutral)
Filing Sentiment
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Form Type
4

Rhea-AI Filing Summary

MGIC Investment Corp EVP and General Counsel Paula C. Maggio reported an acquisition of 136,938 shares of common stock at $0.00 per share. These shares will be issued under a previously granted performance-based restricted stock unit award, scheduled to settle after February 28, 2026, subject to continued employment.

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Insider Maggio Paula C
Role EVP and General Counsel
Type Security Shares Price Value
Grant/Award Common Stock 136,938 $0.00 --
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 251,626.68 shares (Direct); Common Stock — 110,422 shares (Indirect, By an individual trust)
Footnotes (1)
  1. Represents shares of Issuer common stock to be issued under a restricted stock unit award granted to the Reporting Person on February 3, 2023. The award is subject to performance-vesting restrictions based on growth in adjusted book value per share. Performance with respect to the shares reported in Column 4 has been approved by the appropriate committee of Issuer's Board. Provided continued employment, the shares will be issued to the Reporting Person on the first business day following February 28, 2026. 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.
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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*
Maggio Paula C
(Last) (First) (Middle)
270 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)
Director 10% Owner
X Officer (give title below) Other (specify below)
EVP and General Counsel
3. Date of Earliest Transaction (Month/Day/Year)
02/25/2026
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 02/25/2026 A 136,938(1) A (2) 251,626.68 D
Common Stock 110,422 I By an individual 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. Represents shares of Issuer common stock to be issued under a restricted stock unit award granted to the Reporting Person on February 3, 2023. The award is subject to performance-vesting restrictions based on growth in adjusted book value per share. Performance with respect to the shares reported in Column 4 has been approved by the appropriate committee of Issuer's Board. Provided continued employment, the shares will be issued to the Reporting Person on the first business day following February 28, 2026.
2. 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.
Remarks:
Leslie A. Schunk, Attorney-in-Fact 02/26/2026
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did MGIC Investment (MTG) report for Paula C. Maggio?

MGIC Investment reported that EVP and General Counsel Paula C. Maggio acquired 136,938 shares of common stock. The shares relate to a previously granted performance-based restricted stock unit award that will be issued after February 28, 2026, if employment conditions are met.

Was cash paid for the 136,938 MGIC Investment (MTG) shares reported on Form 4?

No cash was paid for the 136,938 shares. They relate to restricted stock units awarded under MGIC Investment’s Omnibus Incentive Plan, and the footnotes state that no price was paid by the reporting person for these RSUs.

What performance conditions apply to Paula C. Maggio’s MGIC Investment (MTG) RSU award?

The RSU award is subject to performance-vesting restrictions based on growth in adjusted book value per share. Performance for the reported portion has been approved by the appropriate committee of MGIC Investment’s board, allowing the related shares to be scheduled for future issuance.

When will the 136,938 MGIC Investment (MTG) shares from the RSU award be issued?

The shares are scheduled to be issued on the first business day following February 28, 2026. Issuance depends on the approved performance outcome and Paula C. Maggio’s continued employment with MGIC Investment through that time.

How many MGIC Investment (MTG) shares does Paula C. Maggio hold directly after the reported transaction?

After the reported acquisition, Paula C. Maggio directly holds 251,626.68 shares of MGIC Investment common stock. The Form 4 also shows an additional 110,422 shares held indirectly through an individual trust arrangement.

Under what plan were Paula C. Maggio’s MGIC Investment (MTG) RSUs granted?

The restricted stock units were granted under MGIC Investment’s Omnibus Incentive Plan. According to the footnotes, these RSUs were awarded to the reporting person and no price was paid by her to receive them.