MGIC Investment (NYSE: MTG) EVP uses 61K shares for taxes

Rhea-AI Filing Summary

MGIC Investment Corp EVP and General Counsel Paula C. Maggio reported a tax-withholding disposition of 61,061 shares of common stock at $26.53 per share. After this withholding, she directly owns 190,565.68 shares, with an additional 110,422 shares held indirectly through an individual trust.

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^*

Maggio Paula C

(Last) (First) (Middle)

270 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)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP and General Counsel

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		61,061	D	$26.53	190,565.68	D
Common Stock								110,422	I	By an individual trust

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).
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 insider transaction did MGIC Investment (MTG) report for Paula C. Maggio?

MGIC reported that EVP and General Counsel Paula C. Maggio had 61,061 common shares withheld to cover tax obligations. The transaction used a tax-withholding mechanism, not an open-market buy or sell, and relates to existing equity compensation.

At what price were Paula C. Maggio’s MGIC (MTG) shares used for tax withholding?

The 61,061 MGIC common shares used for tax withholding were valued at $26.53 per share. This price is used solely to calculate the tax-withholding amount associated with her equity compensation, rather than reflecting a discretionary market trade.

How many MGIC (MTG) shares does Paula C. Maggio own after this Form 4 transaction?

After the tax-withholding disposition, Paula C. Maggio directly owns 190,565.68 MGIC common shares. A separate line on the form shows 110,422 additional shares held indirectly through an individual trust, reflecting her total reported economic exposure.

Was Paula C. Maggio’s MGIC (MTG) Form 4 transaction an open-market sale?

No, the Form 4 classifies the move as a tax-withholding disposition under code F. This means shares were surrendered to satisfy tax liabilities from equity awards, rather than sold as a discretionary open-market transaction for portfolio or liquidity reasons.

What does the indirect MGIC (MTG) holding on Paula C. Maggio’s Form 4 represent?

The Form 4 lists 110,422 MGIC shares held indirectly, described as “By an individual trust.” This indicates ownership through a trust structure, separate from her directly held 190,565.68 shares, and does not itself indicate a new purchase or sale.