What are the Share Units reported by MGIC Investment Corp (MTG) director C. Edward Chaplin?

The Share Units are cash-settled units under the Deferred Compensation Plan for Non-Employee Directors. Their value is tied one-for-one to MGIC common stock. After the 283.791-unit phantom dividend award, Chaplin holds 50,098.5251 Share Units credited under this plan.

Did C. Edward Chaplin pay anything for the MGIC Investment Corp (MTG) shares and Share Units reported?

He did not pay cash for these awards. Footnotes state the Common Stock came from dividends on Restricted Stock Units and the Share Units from phantom dividend reinvestment, both granted with no price paid by the reporting person for the additional amounts.

MGIC Investment (NYSE: MTG) director gains stock and cash-settled share units

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

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

2 transactions reported

Mixed 2 txns

Insider CHAPLIN C EDWARD

Role null

Type	Security	Shares	Price	Value
Grant/Award	Share Units	283.791	$0.00	--
Grant/Award	Common Stock	149.697	$0.00	--

Holdings After Transaction: Share Units — 50,098.525 shares (Direct, null); Common Stock — 44,722.552 shares (Direct, null)

Footnotes (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. 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. 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. These Share Units are settled in cash, on a specified date, unless a qualified election for later distribution is made by the reporting person. 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. These Share Units were acquired through phantom dividend reinvestment and no price was paid by the reporting person for the Share Units.

Key Figures

Common Stock awarded: 149.697 shares Share Units awarded: 283.791 units Common Stock holdings after: 44,722.5524 shares +2 more

5 metrics

Common Stock awarded 149.697 shares Dividends on Restricted Stock Units on May 21, 2026

Share Units awarded 283.791 units Phantom dividend reinvestment on May 21, 2026

Common Stock holdings after 44,722.5524 shares Direct ownership after reported transactions

Share Units holdings after 50,098.5251 units Deferred Compensation Plan position after transactions

Transaction price per share $0.0000 Both awards granted at no cash cost to insider

Key Terms

Restricted Stock Units, Omnibus Incentive Plan, Deferred Compensation Plan for Non-Employee Directors, Share Units, +1 more

5 terms

Restricted Stock Units financial

"Dividends paid on Restricted Stock Units awarded under the Issuer's Omnibus Incentive Plan."

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

"Dividends paid on 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.

Deferred Compensation Plan for Non-Employee Directors financial

"The reporting person participates in the MGIC Investment Corporation Deferred Compensation Plan for Non-Employee Directors under which units..."

phantom dividend reinvestment financial

"These Share Units were acquired through phantom dividend reinvestment and no price was paid by the reporting person..."

Form 4 Insider Transactions: What Each Field Means →

05/22/2026 - 03:11 PM

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^*

CHAPLIN C EDWARD

(Last)

(First)

(Middle)

C/O MGIC INVESTMENT CORPORATION

250 EAST KILBOURN AVENUE

(Street)

MILWAUKEE

WISCONSIN

53202

(City)

(State)

(Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/21/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	05/21/2026		A		149.697	A	⁽¹⁾	44,722.5524	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Share Units⁽²⁾	⁽³⁾	05/21/2026		A		283.791		⁽⁴⁾	⁽⁵⁾	Common Stock	283.791	⁽⁶⁾	50,098.5251	D

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.

2. 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.

3. 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.

4. These Share Units are settled in cash, on a specified date, unless a qualified election for later distribution is made by the reporting person.

5. 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.

6. These Share Units were acquired through phantom dividend reinvestment and no price was paid by the reporting person for the Share Units.

Remarks:

	Leslie A. Schunk, Attorney-in-Fact	05/22/2026
	** 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.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did MGIC Investment Corp (MTG) director C. Edward Chaplin report on this Form 4?

He reported awards of additional equity-linked interests, not market trades. Chaplin received 149.697 shares of Common Stock as RSU-related dividends and 283.791 Share Units through the non-employee directors’ deferred compensation plan, both granted without any cash payment.

Were the MGIC Investment Corp (MTG) Form 4 transactions open-market buys or sells?

No, the transactions were compensation-related acquisitions. Both entries use code “A” for grants or awards, with a zero dollar price per share, reflecting RSU dividends and phantom dividend reinvestment rather than discretionary purchases or sales in the market.

How many MGIC Investment Corp (MTG) Common Stock shares does C. Edward Chaplin hold after these awards?

Following the reported transactions, he directly holds 44,722.5524 shares of MGIC Investment Corp Common Stock. This figure reflects his position after receiving 149.697 additional shares through dividends on Restricted Stock Units awarded under the company’s omnibus incentive plan.