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.
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 Trade Summary
Grant/Award: 28.256 shares
Grant/Award
1 txn
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)
- 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.
Key Figures
Shares acquired: 28.256 shares of Common Stock
Shares owned after transaction: 18,586.946 shares of Common Stock
Transaction date: August 20, 2026
3 metrics
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
Key Terms
Restricted Stock Units, Omnibus Incentive Plan, grant, award, or other acquisition
3 terms
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.
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.