How many MGIC (MTG) Share Units does Mark Zandi hold after the latest award?

Following the acquisition of 267.849 Share Units on August 20, 2026, Mark Zandi holds a total of 48,921.4963 Share Units. These units are cash-settled and track MGIC common stock on a one-for-one basis in value.

What are MGIC (MTG) Share Units as reported in Mark Zandi’s Form 4?

The filing describes Share Units as awards under MGIC’s Deferred Compensation Plan for Non-Employee Directors. They are units corresponding to MGIC common stock, whose value is based on the stock price on a one-for-one basis and are settled in cash on specified distribution dates.

MGIC director Mark Zandi adds dividend-linked shares

Q: What insider transactions did MTG director Mark Zandi report on August 20, 2026?

On August 20, 2026, Mark Zandi reported acquiring 28.256 shares of MGIC common stock as RSU dividends and 267.849 Share Units through phantom dividend reinvestment under the Deferred Compensation Plan for Non-Employee Directors. No price was paid for either acquisition.

Q: How many MGIC (MTG) common shares does Mark Zandi hold after these Form 4 transactions?

After the reported transactions, Mark Zandi directly holds 33,974.9454 shares of MGIC common stock. This figure is disclosed as his total direct common stock holdings following the August 20, 2026 acquisition of 28.256 dividend shares.

Q: Did Mark Zandi pay any price for the MGIC (MTG) shares and Share Units he acquired?

No. The common shares were received as dividends on Restricted Stock Units, and the Share Units were acquired through phantom dividend reinvestment under the deferred compensation plan. The filing states that no price was paid for these acquisitions.

MGIC Investment Corp (MTG) reported that director Mark Zandi acquired additional equity-related interests in the company on August 20, 2026.

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Rhea-AI Filing Summary

MGIC Investment Corp (MTG) reported that director Mark Zandi acquired additional equity-related interests in the company on August 20, 2026. He received 28.256 shares of common stock as dividends on Restricted Stock Units, with no price paid. He also acquired 267.849 Share Units through phantom dividend reinvestment under the Deferred Compensation Plan for Non-Employee Directors, again with no price paid. Following these transactions, he holds 33,974.9454 common shares directly and 48,921.4963 Share Units, which are cash-settled units whose value tracks MGIC common stock on a one-for-one basis.

Insider Trade Summary

Grant/Award: 296.105 shares

Grant/Award 2 txns

Insider Zandi Mark

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Share Units ^{F2, F3, F6, F4, F5}	267.849	--	--
Grant/Award	Common Stock ^F1	28.256	--	--

Holdings After Transaction: Share Units — 48,921.4963 contracts (Direct); Common Stock — 33,974.9454 shares (Direct)

Footnotes (6)

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.
F2. The reporting person participates in the MGIC Investment Corporation Deferred Compensation Plan for Non-Employee Directors under which units corresponding to shares of Common Stock of the Issuer ("Share Units") are awarded to the reporting person and/or acquired through compensation deferral.
F3. These Share Units do not have a specified dollar-denominated exercise or conversion price. Their value is based, on a one-for-one basis, on the price of the Issuer's common stock on the New York Stock Exchange.
F4. These Share Units are settled in cash, on a specified date, unless a qualified election for later distribution is made by the reporting person.
F5. These Share Units do not expire on a fixed date. They are settled in cash on a specified date, unless a qualified election for later distribution is made by the reporting person.
F6. These Share Units were acquired through phantom dividend reinvestment and no price was paid by the reporting person for the Share Units.

Key Figures

Common stock acquired: 28.256 shares Common stock holdings after transaction: 33,974.9454 shares Share Units acquired: 267.8490 Share Units +2 more

5 metrics

Common stock acquired 28.256 shares Dividends paid on Restricted Stock Units on August 20, 2026

Common stock holdings after transaction 33,974.9454 shares Direct MGIC common stock held by Mark Zandi following the August 20, 2026 transaction

Share Units acquired 267.8490 Share Units Phantom dividend reinvestment under the Deferred Compensation Plan on August 20, 2026

Share Units holdings after transaction 48,921.4963 Share Units Total Share Units credited to Mark Zandi after the reported acquisition

Transaction count 2 transactions One non-derivative common stock acquisition and one derivative Share Units acquisition on August 20, 2026

Key Terms

Deferred Compensation Plan for Non-Employee Directors, Share Units, phantom dividend reinvestment, Restricted Stock Units, +1 more

5 terms

Deferred Compensation Plan for Non-Employee Directors financial

"The reporting person participates in the MGIC Investment Corporation Deferred Compensation Plan for Non-Employee Directors"

phantom dividend reinvestment financial

"These Share Units were acquired through phantom dividend reinvestment"

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.

qualified election for later distribution financial

"settled in cash, on a specified date, unless a qualified election for later distribution is made"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transactions did MTG director Mark Zandi report on August 20, 2026?

On August 20, 2026, Mark Zandi reported acquiring 28.256 shares of MGIC common stock as RSU dividends and 267.849 Share Units through phantom dividend reinvestment under the Deferred Compensation Plan for Non-Employee Directors. No price was paid for either acquisition.

How many MGIC (MTG) common shares does Mark Zandi hold after these Form 4 transactions?

After the reported transactions, Mark Zandi directly holds 33,974.9454 shares of MGIC common stock. This figure is disclosed as his total direct common stock holdings following the August 20, 2026 acquisition of 28.256 dividend shares.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 08/21/2026 - 04:37 PM EDT Accepted by SEC EDGAR 08/21/2026 - 04:36 PM EDT

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^*

Zandi Mark

(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)
08/20/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	08/20/2026		A		28.256	A	⁽¹⁾	33,974.9454	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Share Units⁽²⁾	⁽³⁾	08/20/2026		A		267.849		⁽⁴⁾	⁽⁵⁾	Common Stock	267.849	⁽⁶⁾	48,921.4963	D

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.

2. The reporting person participates in the MGIC Investment Corporation Deferred Compensation Plan for Non-Employee Directors under which units corresponding to shares of Common Stock of the Issuer ("Share Units") are awarded to the reporting person and/or acquired through compensation deferral.

3. These Share Units do not have a specified dollar-denominated exercise or conversion price. Their value is based, on a one-for-one basis, on the price of the Issuer's common stock on the New York Stock Exchange.

4. These Share Units are settled in cash, on a specified date, unless a qualified election for later distribution is made by the reporting person.

5. These Share Units do not expire on a fixed date. They are settled in cash on a specified date, unless a qualified election for later distribution is made by the reporting person.

6. These Share Units were acquired through phantom dividend reinvestment and no price was paid by the reporting person for the Share Units.

Remarks:

	Leslie A. Schunk, Attorney-in-Fact	08/21/2026
	** 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)

Source: View Original Filing on SEC EDGAR