MGIC director reports tiny RSU share adjustment

MGIC Investment Corporation director Michael Leal Thompson reported a small equity award under the company’s incentive plan.

Accepted by SEC EDGAR 02/17/2026 - 08:09 AM EST Learn about SEC filing dates

Rhea-AI Filing Summary

MGIC Investment Corporation director Michael Leal Thompson reported a small equity award under the company’s incentive plan. On 02/13/2026, he acquired 0.036 shares of MGIC common stock in connection with settlement of director share units, with no price paid for the award. Following this fractional-share adjustment, he beneficially owns 18,501.188 shares of MGIC common stock directly.

Insider Trade Summary

Grant/Award: 0.036 shares

Grant/Award 1 txn

Insider Thompson Michael Leal

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	0.036	$0.00	$0.00

Holdings After Transaction: Common Stock — 18,501.188 shares (Direct)

Holdings Before and After: Common Stock, 18,501.152 to 18,501.188 shares (Direct)

Footnotes (2)

1. F1. Fractional shares have been rounded up in connection with the settlement of the director shares, pursuant to the terms of the related grant.
2. F2. 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.

FAQ

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

MGIC director Michael Leal Thompson reported acquiring 0.036 shares of common stock on 02/13/2026. The transaction reflects settlement of director share units and a fractional-share adjustment under the company’s Omnibus Incentive Plan, increasing his direct holdings to 18,501.188 shares.

Was cash paid for the new MGIC (MTG) shares reported in this Form 4?

No cash was paid for the new shares. The filing states these RSUs were awarded under MGIC’s Omnibus Incentive Plan and “no price was paid” by the reporting person, indicating they came as part of an equity grant rather than an open-market purchase.

How many MGIC Investment Corp (MTG) shares does Michael Leal Thompson now own?

After the reported transaction, Michael Leal Thompson beneficially owns 18,501.188 MGIC common shares directly. The increase comes from a 0.036-share adjustment tied to settlement of director shares and rounding of fractional shares as specified in the Form 4 footnotes.

What does the 0.036-share MGIC (MTG) transaction represent in this Form 4?

The 0.036-share amount represents a fractional-share adjustment. The footnotes explain fractional shares were rounded up in connection with settlement of director shares under a related grant, rather than a standard stock trade or larger equity award transaction in the open market.

What plan governed the RSU award reported for MGIC (MTG) director Michael Leal Thompson?

The RSU award was granted under MGIC Investment Corporation’s Omnibus Incentive Plan. The Form 4 footnotes specify the RSUs were awarded pursuant to this plan and that the reporting person paid no price for the shares received through the grant’s settlement.

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

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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^*

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)
02/13/2026

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	02/13/2026		A		0.036(1)	A	(2)	18,501.188	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. Fractional shares have been rounded up in connection with the settlement of the director shares, pursuant to the terms of the related grant.

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.

Remarks:

	Leslie A. Schunk, Attorney-in-Fact	02/17/2026
	** 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.