MGIC EVP-CFO granted 182,584 performance RSUs
Colson Nathaniel H reported acquisition or exercise transactions in this Form 4 filing.
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Rhea-AI Filing Summary
Colson Nathaniel H reported acquisition or exercise transactions in this Form 4 filing.
MGIC Investment Corp executive Nathaniel H. Colson, the EVP, CFO and CRO, received an award for 182,584 shares of common stock under a restricted stock unit plan. The award is tied to growth in adjusted book value per share, with performance already approved and issuance expected after February 28, 2026, at no cost to him.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 182,584 | $0.00 | $0.00 |
Footnotes (2)
- F1. 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.
- F2. 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
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What did MGIC Investment Corp (MTG) executive Nathaniel Colson receive in this Form 4?
What performance metric determines vesting of Nathaniel Colson’s MGIC (MTG) RSUs?
Did Nathaniel Colson pay any price for the MGIC (MTG) restricted stock units?
AI-generated analysis. How Rhea-AI works. Not financial advice.