MGIC Investment (NYSE: MTG) director reports new equity award and trust holdings

Rhea-AI Filing Summary

MGIC Investment Corp director Curt S. Culver reported a small equity award in company stock. On 02/13/2026, he acquired 0.036 shares of common stock as part of the settlement of director share awards, with fractional shares rounded up under the related grant terms. Following this, he directly beneficially owned 21,582.1874 common shares, and indirectly held 323,576 common shares through a family trust. The RSUs underlying this award were granted under MGIC’s Omnibus Incentive Plan, and no cash price was paid for the shares.

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

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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 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)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/13/2026

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	02/13/2026		A		0.036(1)	A	(2)	21,582.1874	D
Common Stock								323,576	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. Fractional shares have been rounded up in connection with the settlement of the director shares, pursuant to the terms of the related grant.

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	02/17/2026
	** 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.

FAQ

What insider transaction did MGIC Investment Corp (MTG) report for Curt S. Culver?

Curt S. Culver reported acquiring 0.036 shares of MGIC common stock on 02/13/2026. The fractional shares arose from settlement of director share awards under a grant, rather than an open-market purchase.

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

After the reported transaction, Curt S. Culver directly beneficially owned 21,582.1874 MGIC common shares. This reflects inclusion of a small fractional share rounded up in connection with settlement of director share awards granted to him.

What indirect MGIC (MTG) holdings does Curt S. Culver report on this Form 4?

The filing shows 323,576 MGIC common shares held indirectly through a family trust. These shares are reported as indirect beneficial ownership, separate from the smaller direct position held personally by Curt S. Culver.

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

No cash was paid for the reported shares. The filing states the RSUs were awarded under MGIC’s Omnibus Incentive Plan, and notes that no price was paid by Curt S. Culver for these equity awards.

What is the nature of the equity award reported by MGIC (MTG) for Curt S. Culver?

The transaction reflects settlement of director share awards tied to restricted stock units. Fractional shares were rounded up under the terms of the related grant, and the RSUs were granted under MGIC’s Omnibus Incentive Plan without a purchase price.

What do the footnotes on Curt S. Culver’s MGIC (MTG) Form 4 explain?

The footnotes explain that fractional shares were rounded up when director shares settled, and that the RSUs were granted under MGIC’s Omnibus Incentive Plan with no price paid by Curt S. Culver for the awarded units.