MGIC director receives stock from RSU dividends

MGIC Investment Corp director Curt S. Culver reported a small share increase from compensation-related awards.

Accepted by SEC EDGAR 03/10/2026 - 04:01 PM EDT Learn about SEC filing dates

Rhea-AI Filing Summary

MGIC Investment Corp director Curt S. Culver reported a small share increase from compensation-related awards. On March 6, 2026, he acquired 28.427 shares of Common Stock at no cost as dividends paid on Restricted Stock Units under the company’s Omnibus Incentive Plan, bringing his directly held shares to 21,610.6144.

The filing also shows an indirect holding of 323,576 shares of Common Stock held by a family trust, reflecting his broader ownership interest through that entity.

Insider Trade Summary

Grant/Award: 28.427 shares

Grant/Award 1 txn

Insider CULVER CURT S

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	28.427	$0.00	$0.00
Holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 21,610.6144 shares (Direct); Common Stock — 323,576 shares (Indirect, By a Family Trust)

Holdings Before and After: Common Stock, 21,582.1874 to 21,610.6144 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

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

What insider transaction did Curt S. Culver report at MGIC Investment Corp (MTG)?

Curt S. Culver reported receiving 28.427 shares of MGIC common stock. These shares were issued as dividends on Restricted Stock Units under the company’s Omnibus Incentive Plan and were acquired at no cost, reflecting routine, compensation-related share accrual.

Was the MGIC (MTG) insider transaction by Curt S. Culver a purchase or a grant?

The transaction was a grant or award acquisition, not an open-market purchase. Culver received 28.427 shares as dividends on Restricted Stock Units, with a reported price per share of 0.0000, indicating no cash outlay for these newly acquired shares.

How many MGIC (MTG) shares does Curt S. Culver hold directly after this Form 4?

After the reported grant, Culver directly holds 21,610.6144 shares of MGIC common stock. This figure comes from the Form 4’s post-transaction ownership line for his direct holdings and reflects only shares registered in his own name, excluding indirect interests.

What MGIC (MTG) shares does Curt S. Culver hold indirectly through a family trust?

The Form 4 shows 323,576 MGIC common shares held indirectly by a family trust. This position is labeled as “By a Family Trust,” indicating indirect ownership. The entry is a holding line, not a new transaction, and reflects the trust’s existing stake.

What does the Form 4 footnote reveal about the MGIC (MTG) shares granted to Curt S. Culver?

The footnote explains that the 28.427 shares are dividends paid on Restricted Stock Units under MGIC’s Omnibus Incentive Plan. It specifies that no price was paid by Culver for these shares, confirming they were compensation-related, rather than a market purchase.

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^*

CULVER CURT S

(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)
03/06/2026

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	03/06/2026		A		28.427	A	(1)	21,610.6144	D
Common Stock								323,576	I	By a Family Trust

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	03/10/2026
	** 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.