MGIC Investment (MTG) President & COO receives 33,096-share RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MGIC Investment Corporation President & COO Salvatore A. Miosi reported an equity award of 33,096 shares of common stock on February 4, 2026. The award represents Restricted Stock Units granted at no cash cost under MGIC’s Omnibus Incentive Plan.
The RSUs will vest in three equal installments on February 28 of 2027, 2028, and 2029, contingent on Miosi’s continued employment with the company. Following this grant, he beneficially owns 487,341.361 shares of MGIC common stock in direct ownership.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Miosi Salvatore A
Role
President & COO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 33,096 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 487,341.361 shares (Direct)
Footnotes (1)
- These Restricted Stock Units will vest in equal installments on each of February 28, 2027, 2028, and 2029, subject to the reporting person's continued employment with the issuer. 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
What insider transaction did MTG President & COO Salvatore Miosi report?
Salvatore A. Miosi reported receiving 33,096 MGIC Investment common shares as a Restricted Stock Unit award. The grant was made on February 4, 2026 and carried a price of $0.00 per share under the company’s Omnibus Incentive Plan.
How do Salvatore Miosi’s new MTG Restricted Stock Units vest?
The 33,096 Restricted Stock Units awarded to Salvatore Miosi vest in three equal installments. Vesting occurs on February 28 of 2027, 2028, and 2029, and each installment is conditioned on his continued employment with MGIC Investment Corporation.
Did Salvatore Miosi pay for the new MGIC (MTG) RSU grant?
No, Salvatore Miosi did not pay any cash consideration for the RSU grant. The filing states the 33,096 Restricted Stock Units were awarded under MGIC’s Omnibus Incentive Plan and that no price was paid by the reporting person for these units.
What role does Salvatore Miosi hold at MGIC Investment Corporation (MTG)?
Salvatore A. Miosi is identified as an officer of MGIC Investment Corporation, serving as President & COO. His position is disclosed in the insider report, which also confirms he is not classified as a director or 10% owner in this filing.