STOCK TITAN

MGIC director gets 28.256 dividend-equivalent shares

MGIC INVESTMENT CORP (MTG) reported that director Michael Leal Thompson acquired 28.256 shares of its Common Stock on August 20, 2026.

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

MGIC INVESTMENT CORP (MTG) reported that director Michael Leal Thompson acquired 28.256 shares of its Common Stock on August 20, 2026. The shares represent dividends paid on Restricted Stock Units awarded under the company’s Omnibus Incentive Plan, and no price was paid for them. Following this transaction, Thompson directly holds 18,586.946 shares of MGIC Investment Corp common stock.

Positive

  • None.

Negative

  • None.
Insider Thompson Michael Leal
Role Director
Type Security Shares Price Value
Grant/Award Common Stock F1 28.256 -- --
Holdings After Transaction: Common Stock — 18,586.946 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.
Shares acquired 28.256 shares of Common Stock Grant, award, or other acquisition on August 20, 2026 as dividends on RSUs
Shares owned after transaction 18,586.946 shares of Common Stock Direct ownership by Michael Leal Thompson following the reported transaction
Transaction date August 20, 2026 Date of dividend-equivalent share grant on RSUs under Omnibus Incentive Plan
Restricted Stock Units financial
"Dividends paid on Restricted Stock Units awarded under the Issuer's Omnibus"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Omnibus Incentive Plan financial
"Restricted Stock Units awarded under the Issuer's Omnibus Incentive Plan."
An omnibus incentive plan is a single, flexible program a company uses to give employees and executives different types of pay tied to performance — for example stock options, restricted shares, cash bonuses and other awards — all governed by one set of rules. It matters to investors because it determines how many new shares may be created, how leaders are motivated and how much the company will spend on compensation over time; think of it as a master toolbox that affects both costs and the total share supply.
grant, award, or other acquisition financial
"transaction_code_description": "Grant, award, or other acquisition""

FAQ

What insider transaction did MGIC INVESTMENT CORP (MTG) report for Michael Leal Thompson?

MGIC Investment Corp reported that director Michael Leal Thompson acquired 28.256 shares of Common Stock on August 20, 2026, as dividends paid on Restricted Stock Units under the company’s Omnibus Incentive Plan. No price was paid for these shares.

How many MGIC INVESTMENT CORP (MTG) shares does Michael Leal Thompson hold after this Form 4?

After the reported transaction, Michael Leal Thompson directly holds 18,586.946 shares of MGIC Investment Corp Common Stock. This figure reflects his direct ownership following the dividend-equivalent share grant linked to Restricted Stock Units.

Was cash paid for the shares acquired by Michael Leal Thompson in this MGIC (MTG) filing?

No. The filing states that the 28.256 shares were issued as dividends paid on Restricted Stock Units under MGIC’s Omnibus Incentive Plan, and that no price was paid by Michael Leal Thompson for these shares.

What is the nature of the equity award reported for MGIC INVESTMENT CORP (MTG) on this Form 4?

The transaction is a grant or award acquisition of Common Stock, representing dividend-equivalent shares on Restricted Stock Units awarded under MGIC Investment Corp’s Omnibus Incentive Plan, rather than an open-market purchase.

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

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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED 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 WISCONSIN 53202

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
MGIC INVESTMENT CORP [ MTG ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirector10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/20/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
CodeVAmount(A) or (D)Price
Common Stock08/20/2026A28.256A(1)18,586.946D
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount 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-Fact08/21/2026
** Signature of Reporting PersonDate
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.
* Form 4: SEC 1474 (03-26)