MGIC director gets 26.83 MTG shares as RSU dividend

MGIC Investment Corporation (MTG) director reports small share increase from dividend equivalents.

Rhea-AI Filing Summary

MGIC Investment Corporation (MTG) director reports small share increase from dividend equivalents. A director acquired 26.83 shares of MGIC common stock on 11/20/2025, reported as an "A" code transaction, meaning an acquisition. The filing explains these shares were issued as dividends paid on Restricted Stock Units under the company’s Omnibus Incentive Plan, so the reporting person did not pay a purchase price for them. After this transaction, the director directly beneficially owns a total of 13,425.964 MGIC shares.

Insider Trade Summary

Grant/Award: 26.83 shares

Grant/Award 1 txn

Insider Thompson Michael Leal

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	26.83	$0.00	$0.00

Holdings After Transaction: Common Stock — 13,425.964 shares (Direct)

Footnotes (1)

1. F1. Dividends paid on Restricted Stock Units awarded under the Issuer's Omnibus Incentive Plan. No price was paid by the reporting person for them.

FAQ

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What did the MGIC Investment Corp (MTG) director report on this Form 4?

The director reported acquiring 26.83 shares of MGIC common stock on 11/20/2025, increasing direct beneficial ownership to 13,425.964 shares.

Why did the MGIC (MTG) director receive 26.83 additional shares?

The additional 26.83 shares were issued as dividends paid on Restricted Stock Units awarded under MGIC’s Omnibus Incentive Plan.

Did the MGIC director pay a price for the 26.83 shares reported?

No. The filing states that no price was paid by the reporting person because the shares represent dividends on existing Restricted Stock Units.

How many MGIC (MTG) shares does the director own after this transaction?

Following the reported transaction, the director beneficially owns 13,425.964 shares of MGIC common stock, held directly.

What is the relationship of the reporting person to MGIC Investment Corp (MTG)?

The reporting person is identified as a Director of MGIC Investment Corporation.

Is this MGIC Form 4 filed by one or multiple reporting persons?

The Form 4 is indicated as being filed by one reporting person, not a group filing.

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Accepted by SEC EDGAR 11/20/2025 - 04:25 PM Learn about SEC filing dates

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 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)
11/20/2025

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	11/20/2025		A		26.83	A	(1)	13,425.964	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	11/20/2025
	** 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.