MGIC (MTG) CEO uses 307,644 shares to cover equity award taxes

Rhea-AI Filing Summary

MGIC Investment Corp's Chief Executive Officer Timothy J. Mattke reported a tax-related share disposition. On this Form 4, 307,644 shares of common stock were withheld at a price of $26.53 per share to satisfy tax obligations, leaving him with 1,257,254.401 shares of common stock held directly.

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

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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^*

Mattke Timothy J.

(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
X	Officer (give title below)		Other (specify below)
	Chief Executive Officer

3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026

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	03/02/2026		F		307,644	D	$26.53	1,257,254.401	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:

Remarks:

	Leslie A. Schunk, Attorney-in-Fact	03/03/2026
	** 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).
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FAQ

What insider transaction did MGIC Investment Corp (MTG) report on this Form 4?

MGIC Investment Corp reported that CEO Timothy J. Mattke had 307,644 shares of common stock disposed of in a tax-withholding transaction. The shares were used to satisfy tax obligations associated with equity compensation, rather than being sold in an open-market trade.

How many MGIC (MTG) shares were involved in Timothy Mattke’s tax-withholding disposition?

The filing shows 307,644 shares of MGIC common stock were disposed of in a tax-withholding transaction. These shares were delivered at a price of $26.53 per share to cover tax liabilities tied to his equity-based compensation award.

At what price were the MGIC (MTG) shares valued in the CEO’s Form 4 transaction?

The Form 4 lists a transaction price of $26.53 per share for the 307,644 MGIC common shares disposed of. This price is used solely for reporting the value of the shares applied to satisfy the CEO’s tax obligation on his compensation.

How many MGIC (MTG) shares does Timothy Mattke own after this reported transaction?

After the tax-withholding disposition, Timothy Mattke directly holds 1,257,254.401 shares of MGIC common stock. This figure reflects his remaining direct ownership following the delivery of 307,644 shares to meet required tax payments.

Does the MGIC (MTG) Form 4 indicate an open-market sale by the CEO?

The Form 4 uses transaction code F, described as payment of a tax liability by delivering securities. This indicates shares were withheld or delivered for taxes, not executed as a traditional open-market sale initiated for portfolio or liquidity reasons.

What does transaction code F mean in the MGIC (MTG) CEO’s Form 4 filing?

Transaction code F means the disposition was for payment of an exercise price or tax liability by delivering securities. In this case, 307,644 MGIC common shares were used to satisfy the CEO’s tax obligation tied to his equity award.