MGIC Investment Corp (MTG) director adds shares via RSU dividend grant

Rhea-AI Filing Summary

Thompson Michael Leal reported acquisition or exercise transactions in this Form 4 filing.

MGIC Investment Corp director Michael Leal Thompson received 29.075 shares of common stock on May 21, 2026 as dividends paid on Restricted Stock Units awarded under the company’s Omnibus Incentive Plan. No price was paid for these shares, bringing his directly owned stake to 18,558.69 shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Thompson Michael Leal

Role null

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	29.075	$0.00	--

Holdings After Transaction: Common Stock — 18,558.69 shares (Direct, null)

Footnotes (1)

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Key Figures

Shares acquired: 29.075 shares Holdings after transaction: 18,558.69 shares Transaction price per share: $0.0000 per share +1 more

4 metrics

Shares acquired 29.075 shares Dividend equivalents on Restricted Stock Units on May 21, 2026

Holdings after transaction 18,558.69 shares Common stock directly owned following Form 4 transaction

Transaction price per share $0.0000 per share Reported price for 29.075 shares received

Transaction type Grant/award acquisition Non-derivative acquisition coded as A on Form 4

Key Terms

Restricted Stock Units, Omnibus Incentive Plan, Grant, award, or other acquisition

3 terms

Restricted Stock Units financial

"Dividends paid on Restricted Stock Units awarded under the Issuer's Omnibus Incentive Plan."

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

Omnibus Incentive Plan financial

"Dividends paid on Restricted Stock Units awarded under the Issuer's Omnibus Incentive Plan."

An omnibus incentive plan is a single, flexible program a company uses to give employees and executives different types of pay tied to performance — for example stock options, restricted shares, cash bonuses and other awards — all governed by one set of rules. It matters to investors because it determines how many new shares may be created, how leaders are motivated and how much the company will spend on compensation over time; think of it as a master toolbox that affects both costs and the total share supply.

Grant, award, or other acquisition financial

"transaction_code_description": "Grant, award, or other acquisition""

Form 4 Insider Transactions: What Each Field Means →

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^*

Thompson Michael Leal

(Last) (First) (Middle)

C/O MGIC INVESTMENT CORPORATION

250 EAST KILBOURN AVENUE

(Street)

MILWAUKEE WISCONSIN 53202

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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	05/21/2026		A		29.075	A	(1)	18,558.69	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. Dividends paid on Restricted Stock Units awarded under the Issuer's Omnibus Incentive Plan. No price was paid by the reporting person for them.

Remarks:

	Leslie A. Schunk, Attorney-in-Fact	05/22/2026
	** 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.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did MGIC Investment Corp (MTG) report for Michael Leal Thompson?

MGIC Investment Corp reported that director Michael Leal Thompson received 29.075 shares of common stock as dividends on Restricted Stock Units. These shares were issued under the Omnibus Incentive Plan and increased his directly owned holdings to 18,558.69 shares at no cost.

Was the MGIC Investment Corp (MTG) Form 4 transaction a market purchase or sale?

The Form 4 transaction was not a market purchase or sale. Thompson received 29.075 shares as a grant related to dividends on Restricted Stock Units, with a reported price per share of $0.0000, meaning he did not pay cash to acquire these shares.

How many MGIC Investment Corp (MTG) shares does Michael Leal Thompson own after this transaction?

After the reported Form 4 transaction, Michael Leal Thompson directly owns 18,558.69 shares of MGIC Investment Corp common stock. This total includes the additional 29.075 shares he received as dividend equivalents on his Restricted Stock Units under the Omnibus Incentive Plan.

What is the nature of the 29.075 MGIC Investment Corp (MTG) shares reported on the Form 4?

The 29.075 shares represent dividends paid on Restricted Stock Units previously awarded to Thompson. According to the footnote, these were granted under MGIC’s Omnibus Incentive Plan, and no price was paid by the reporting person to receive these additional common shares.

Does the MGIC Investment Corp (MTG) Form 4 indicate any derivative or option activity?

The Form 4 data provided shows no derivative transactions or option exercises for this filing. The derivativeSummary is empty, and the only reported transaction is a non-derivative acquisition of 29.075 common shares tied to dividends on existing Restricted Stock Units.