MGIC director awarded stock and share units
MGIC Investment Corp director C. Edward Chaplin reported compensation-related awards rather than open-market trades.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Filing Summary
MGIC Investment Corp director C. Edward Chaplin reported compensation-related awards rather than open-market trades. On May 21, 2026, he acquired 149.697 shares of Common Stock as dividends paid on Restricted Stock Units, with no cash paid by him. The same day, he was credited with 283.791 Share Units in the Deferred Compensation Plan for Non-Employee Directors through phantom dividend reinvestment, also at no cost. After these awards, he directly holds 44,722.5524 shares of Common Stock and 50,098.5251 Share Units, which track the issuer’s stock price and are settled in cash.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Share Units | 283.791 | $0.00 | $0.00 |
| Grant/Award | Common Stock | 149.697 | $0.00 | $0.00 |
Footnotes (6)
- 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.
- F2. The reporting person participates in the MGIC Investment Corporation Deferred Compensation Plan for Non-Employee Directors under which units corresponding to shares of Common Stock of the Issuer ("Share Units") are awarded to the reporting person and/or acquired through compensation deferral.
- F3. These Share Units do not have a specified dollar-denominated exercise or conversion price. Their value is based, on a one-for-one basis, on the price of the Issuer's common stock on the New York Stock Exchange.
- F4. These Share Units are settled in cash, on a specified date, unless a qualified election for later distribution is made by the reporting person.
- F5. These Share Units do not expire on a fixed date. They are settled in cash on a specified date, unless a qualified election for later distribution is made by the reporting person.
- F6. These Share Units were acquired through phantom dividend reinvestment and no price was paid by the reporting person for the Share Units.
Key Figures
Key Terms
Restricted Stock Units financial
Omnibus Incentive Plan financial
Deferred Compensation Plan for Non-Employee Directors financial
phantom dividend reinvestment financial
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did MGIC Investment Corp (MTG) director C. Edward Chaplin report on this Form 4?
Were the MGIC Investment Corp (MTG) Form 4 transactions open-market buys or sells?
AI-generated analysis. How Rhea-AI works. Not financial advice.