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[Form 4] MGIC INVESTMENT CORP Insider Trading Activity

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

Rhea-AI Filing Summary

MGIC Investment Corporation director Sheryl L. Sculley reported an equity award and updated holdings. On February 4, 2026, she acquired 5,077.097 restricted stock units (reported as common stock) at no cost under MGIC’s Omnibus Incentive Plan, increasing her directly owned common stock to 34,893.9041 shares.

The RSUs will be settled in stock ten business days after February 1, 2027, unless she has elected a later distribution. Sculley also holds 19,526.7936 share units under MGIC’s Deferred Compensation Plan for Non-Employee Directors, which are cash-settled based on the company’s New York Stock Exchange share price.

Positive

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Insider Sculley Sheryl L.
Role Director
Type Security Shares Price Value
Grant/Award Common Stock 5,077.097 $0.00 --
holding Share Units -- -- --
Holdings After Transaction: Common Stock — 34,893.904 shares (Direct); Share Units — 19,526.794 shares (Direct)
Footnotes (1)
  1. These Restricted Stock Units (RSUs) will be settled in stock ten business days after February 1, 2027, unless a qualified election for a later distribution was made by the reporting person. 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. 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. 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. These Share Units are settled in cash, on a specified date, unless a qualified election for later distribution is made by the reporting person. 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.
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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*
Sculley Sheryl L.
(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)
02/04/2026
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 02/04/2026 A 5,077.097(1) A (2) 34,893.9041 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
Share Units(3) (4) (5) (6) Common Stock 19,526.7936 19,526.7936 D
Explanation of Responses:
1. These Restricted Stock Units (RSUs) will be settled in stock ten business days after February 1, 2027, unless a qualified election for a later distribution was made by the reporting person.
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. 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.
4. 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.
5. These Share Units 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 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.
Remarks:
Leslie A. Schunk, Attorney-in-Fact 02/05/2026
** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transaction did MGIC (MTG) director Sheryl Sculley report?

Sheryl L. Sculley reported receiving 5,077.097 restricted stock units on February 4, 2026. The award was granted under MGIC’s Omnibus Incentive Plan at no cost, increasing her directly owned common stock holdings to 34,893.9041 shares after the transaction.

At what price were the new MGIC (MTG) shares or units granted to Sheryl Sculley?

The 5,077.097 restricted stock units were granted at a price of $0.00 per unit. Footnotes state they were awarded under MGIC’s Omnibus Incentive Plan and that the reporting person paid no price for these RSUs as part of her director compensation.

When will Sheryl Sculley’s MGIC restricted stock units be settled?

The restricted stock units will be settled in MGIC common stock ten business days after February 1, 2027. However, this timing can be extended if Sheryl Sculley has made a qualified election for a later distribution date under the company’s applicable plan rules.

How many MGIC (MTG) common shares does Sheryl Sculley own after this Form 4?

After the reported award, Sheryl L. Sculley directly owns 34,893.9041 shares of MGIC common stock. This figure reflects her beneficial ownership following the February 4, 2026 transaction disclosed, excluding any separate cash-settled share units held in deferred compensation programs.

What are the MGIC share units held by Sheryl Sculley and how are they settled?

Sheryl Sculley holds 19,526.7936 share units in MGIC’s Deferred Compensation Plan for Non-Employee Directors. These units track MGIC common stock one-for-one in value and are settled in cash on a specified date, subject to any qualified election for later distribution by her.

Does Sheryl Sculley’s MGIC deferred compensation plan have an exercise price or expiration?

The deferred compensation share units have no dollar-denominated exercise or conversion price. Their value is based one-for-one on MGIC’s New York Stock Exchange share price, and they do not expire on a fixed date, instead being settled in cash on specified distribution dates.