MGIC (MTG) director Teresita Lowman reports 5,077-share RSU grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MGIC Investment Corp director Teresita M. Lowman reported receiving 5,077.097 shares of common stock in the form of Restricted Stock Units (RSUs) on February 4, 2026. These RSUs were granted under the company’s Omnibus Incentive Plan, with no price paid by the director.
The RSUs will be settled in stock ten business days after February 1, 2027, unless the director previously elected a later distribution date. Following this award, Lowman beneficially owns 33,961.5189 shares of MGIC common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Lowman Teresita M.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,077.097 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 33,961.519 shares (Direct)
Footnotes (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.
FAQ
What did Teresita M. Lowman report in the MGIC (MTG) Form 4 filing?
Teresita M. Lowman reported receiving 5,077.097 MGIC common shares in the form of Restricted Stock Units on February 4, 2026. These RSUs were granted under MGIC’s Omnibus Incentive Plan and increased her directly owned beneficial stake to 33,961.5189 shares.
What are the key terms of the RSUs reported by Teresita M. Lowman for MGIC (MTG)?
The Restricted Stock Units will be settled in MGIC stock ten business days after February 1, 2027, unless Lowman made a qualified election for a later distribution. The RSUs were awarded under MGIC’s Omnibus Incentive Plan, and she paid no price to receive them.
Was any purchase price paid for the MGIC (MTG) RSUs reported in this Form 4?
No purchase price was paid for the RSUs. The filing states that the Restricted Stock Units were awarded to Teresita M. Lowman under MGIC’s Omnibus Incentive Plan, and explicitly notes that no price was paid by the reporting person for these units.
When will the MGIC (MTG) RSUs reported by Teresita M. Lowman be settled in stock?
The RSUs are scheduled to be settled in MGIC stock ten business days after February 1, 2027. However, the filing notes this timing can be later if Lowman previously made a qualified election for a deferred distribution date under the applicable plan rules.