MGIC Investment Corp (MTG) grants 5,077 RSUs to director Thompson
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MGIC Investment Corp director Michael Leal Thompson reported a stock-based award. On February 4, 2026, he acquired 5,077.097 shares of common stock, representing restricted stock units granted at no cost under the company’s Omnibus Incentive Plan, bringing his beneficial holdings to 18,503.061 shares held directly.
The restricted stock units will be settled in stock ten business days after February 1, 2027, unless Thompson made a qualified election for a later distribution date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Thompson Michael Leal
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,077.097 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 18,503.061 shares (Direct)
Footnotes (1)
- These Restricted Stock Units (RSUs) will be settled in stock ten business days after February 1, 2027, unless a qualified election for a later distribution was made by the reporting person. These RSUs were awarded to the reporting person pursuant to the Issuer's Omnibus Incentive Plan and no price was paid by the reporting person for them.
FAQ
What insider transaction did MGIC Investment Corp (MTG) report for Michael Leal Thompson?
MGIC Investment Corp reported that director Michael Leal Thompson acquired 5,077.097 shares of common stock on February 4, 2026. These shares represent restricted stock units granted at no cost under the company’s Omnibus Incentive Plan, increasing his directly held beneficial ownership to 18,503.061 shares.
What type of equity award did MGIC (MTG) grant to director Michael Leal Thompson?
MGIC granted restricted stock units (RSUs) to director Michael Leal Thompson, reflected as 5,077.097 common shares on February 4, 2026. These RSUs were issued under the company’s Omnibus Incentive Plan, and no purchase price was paid by Thompson for receiving this stock-based compensation.
When will Michael Leal Thompson’s MGIC restricted stock units settle into common stock?
The restricted stock units awarded to Michael Leal Thompson will be settled in MGIC common stock ten business days after February 1, 2027. However, this timing can be later if Thompson made a qualified election for a deferred distribution, as described in the Form 4 footnotes.