MGIC (MTG) director adds common shares and cash-settled share units
Rhea-AI Filing Summary
MGIC Investment Corporation (MTG) director reported routine equity-related transactions. On 11/20/2025, the director acquired 112.917 shares of common stock, described as dividends paid on previously awarded restricted stock units under the company’s omnibus incentive plan, with no price paid by the director. Following this, the director directly beneficially owned 39,351.3064 shares of common stock.
The filing also shows the director acquired 265.662 share units under MGIC’s Deferred Compensation Plan for Non-Employee Directors, bringing the total to 49,537.2661 share units. These share units track MGIC common stock on a one-for-one basis, are cash-settled on specified distribution dates, have no fixed exercise price or expiration date, and include additional units from phantom dividend reinvestment for which the director paid no cash.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Share Units | 265.662 | $0.00 | -- |
| Grant/Award | Common Stock | 112.917 | $0.00 | -- |
Footnotes (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. 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. These Share Units were acquired through phantom dividend reinvestment and no price was paid by the reporting person for the Share Units.
FAQ
What insider transaction did MGIC (MTG) report on this Form 4?
The filing reports that a director of MGIC Investment Corporation acquired 112.917 shares of common stock and 265.662 share units on 11/20/2025.