MGIC Investment (NYSE: MTG) director reports new equity award and trust holdings
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
CULVER CURT S
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 0.036 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 21,582.187 shares (Direct);
Common Stock — 323,576 shares (Indirect, By a Family Trust)
Footnotes (1)
- Fractional shares have been rounded up in connection with the settlement of the director shares, pursuant to the terms of the related grant. 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 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.
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.
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.