MGIC Investment Corp director reports RSU dividend share accrual

Rhea-AI Filing Summary

MGIC Investment Corporation director reports routine share accrual. A director of MGIC Investment Corp. (ticker MTG) acquired 7.138 shares of common stock on 11/20/2025, reported as an “A” (acquired) transaction. This increased the director’s beneficial ownership to 1,331.062 shares held directly.

The new shares were issued as dividend equivalents on Restricted Stock Units granted under MGIC’s Omnibus Incentive Plan, and the reporting person did not pay a purchase price for them. The filing is made on behalf of the director by an attorney-in-fact and reflects ongoing equity-based compensation rather than an open-market trade.

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^*

O'Leary-Gill Daniela

(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)
11/20/2025

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	11/20/2025		A		7.138	A	(1)	1,331.062	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:

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	11/20/2025
	** 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.

FAQ

What did MGIC (MTG) disclose in this Form 4 filing?

The filing shows a director of MGIC Investment Corp. (MTG) acquired 7.138 shares of common stock on 11/20/2025, bringing total beneficial ownership to 1,331.062 shares held directly.

How were the new MGIC (MTG) shares acquired by the director?

The 7.138 shares were issued as dividends paid on Restricted Stock Units under MGIC’s Omnibus Incentive Plan, according to the explanation of responses.

Did the MGIC director pay a price for the 7.138 shares reported?

No. The filing states that no price was paid by the reporting person for the shares, which were received as dividend equivalents on Restricted Stock Units.

What is the relationship of the reporting person to MGIC Investment Corp. (MTG)?

The reporting person is identified as a Director of MGIC Investment Corp., as indicated in the relationship section of the filing.

Is the MGIC (MTG) Form 4 filed for one individual or a group?

The form is indicated as filed by one reporting person, not by more than one reporting person.

Who signed the MGIC (MTG) Form 4 filing?

The Form 4 was signed by Leslie A. Schunk as Attorney-in-Fact for the reporting person, dated 11/20/2025.