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652,083-share performance stock award logged by MGIC (MTG) CEO

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

MGIC Investment Corp Chief Executive Officer Timothy J. Mattke reported an acquisition of 652,083 shares of common stock at a price of $0.00 per share. These shares relate to a restricted stock unit award granted on February 3, 2023 under the company’s Omnibus Incentive Plan.

The award is subject to performance-vesting conditions based on growth in adjusted book value per share, which have been approved by a board committee. Provided he remains employed, the shares will be issued to him on the first business day after February 28, 2026, bringing his direct holdings to 1,564,898.401 shares.

Positive

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Negative

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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*
Mattke Timothy J.

(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
X Officer (give title below) Other (specify below)
Chief Executive Officer
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 652,083(1) A (2) 1,564,898.401(3) 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.
3. Due to an administrative error, total shares held were previously underreported by 1 share.
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.

FAQ

What did MGIC (MTG) disclose about CEO Timothy Mattke in this Form 4?

MGIC reported that CEO Timothy J. Mattke acquired 652,083 shares of common stock at $0.00 per share. The shares stem from a performance-based restricted stock unit award granted in 2023 under the Omnibus Incentive Plan, subject to vesting conditions and future issuance.

How many MGIC (MTG) shares did the CEO acquire in this transaction?

Timothy J. Mattke acquired 652,083 shares of MGIC common stock in this filing. These shares relate to a performance-vesting restricted stock unit award, not an open-market purchase, and increase his directly held total to 1,564,898.401 shares following the reported transaction.

What are the vesting conditions on the MGIC CEO’s 652,083-share award?

The 652,083-share award is tied to performance-vesting restrictions based on growth in adjusted book value per share. A board committee has approved performance for the reported shares. Assuming continued employment, the shares will be issued on the first business day after February 28, 2026.

Did the MGIC (MTG) CEO pay anything for the 652,083-share award?

No, the CEO did not pay a purchase price for these shares. The filing states the restricted stock units were granted under MGIC’s Omnibus Incentive Plan and no price was paid by the reporting person, with the transaction price per share reported as $0.00.

When will the MGIC CEO actually receive the 652,083 MGIC shares?

The shares will be issued on the first business day following February 28, 2026, assuming continued employment. Performance conditions based on adjusted book value per share growth have already been approved by a board committee, and the issuance timing is set in the award terms.

What correction did MGIC (MTG) note about the CEO’s previously reported holdings?

The filing notes an administrative error that previously underreported total shares held by one share. This correction is disclosed in a footnote, clarifying the accurate post-transaction total of 1,564,898.401 directly held MGIC common shares for CEO Timothy J. Mattke.
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