MGIC Investment (NYSE: MTG) EVP-CFO awarded 182,584 performance-based RSUs

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

1 transaction reported

Mixed 1 txn

Insider Colson Nathaniel H

Role Officer EVP, CFO & CRO

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	182,584	$0.00	--

Holdings After Transaction: Common Stock — 447,574.972 shares (Direct)

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 →

Accepted by SEC EDGAR 02/26/2026 - 04:28 PM Learn about SEC filing dates

FAQ

What did MGIC Investment Corp (MTG) executive Nathaniel Colson receive in this Form 4?

Nathaniel H. Colson received an award linked to 182,584 shares of MGIC common stock. These are restricted stock units subject to performance conditions under the company’s Omnibus Incentive Plan, rather than an open-market share purchase or sale.

Are the 182,584 MGIC (MTG) shares immediately issued to Nathaniel Colson?

The 182,584 shares are not issued immediately; they are tied to restricted stock units with performance-vesting conditions. Subject to continued employment, they will be issued on the first business day after February 28, 2026, following committee performance approval.

What performance metric determines vesting of Nathaniel Colson’s MGIC (MTG) RSUs?

The RSUs vest based on growth in adjusted book value per share. Performance for the reported shares has been approved by an appropriate board committee, aligning the award’s value with MGIC’s adjusted book value improvement over the performance period.

Did Nathaniel Colson pay any price for the MGIC (MTG) restricted stock units?

No, Nathaniel Colson did not pay a purchase price for these RSUs. The units were granted under MGIC’s Omnibus Incentive Plan, meaning they are an equity-based compensation award rather than shares bought in the market for cash.

When will the MGIC (MTG) RSU shares be delivered to Nathaniel Colson?

Provided he remains employed, the underlying shares will be issued on the first business day following February 28, 2026. This timing applies after performance conditions based on adjusted book value per share have been evaluated and approved by the board committee.

How many MGIC (MTG) shares does Nathaniel Colson own after this RSU-related transaction?

After this RSU-related award, Nathaniel Colson’s reported total direct ownership is 447,574.972 shares of MGIC common stock. This figure includes the impact of the newly credited performance-based restricted stock unit award disclosed in the transaction.

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^*

Colson Nathaniel H

(Last) (First) (Middle)

250 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)
	Officer EVP, CFO & CRO

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		182,584(1)	A	(2)	447,574.972	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. 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.