MGIC Investment (NYSE: MTG) director awarded 5,077 stock RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MGIC Investment Corporation director Jay C. Hartzell received an award of 5,077.097 restricted stock units (RSUs) of common stock on February 4, 2026. These RSUs will be settled in stock ten business days after February 1, 2027, unless he elected a later distribution, and were granted under the company’s Omnibus Incentive Plan at no cost to him.
After this award, he beneficially owns 35,031.9601 shares of MGIC common stock directly. He also holds 19,526.7936 deferred compensation share units for non-employee directors, which track MGIC’s common stock one-for-one and are settled in cash on specified distribution dates.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Hartzell Jay C.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,077.097 | $0.00 | -- |
| holding | Share Units | -- | -- | -- |
Holdings After Transaction:
Common Stock — 35,031.96 shares (Direct);
Share Units — 19,526.794 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. 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.