MGIC (NYSE: MTG) director adds stock, holds 29,367 share units
Rhea-AI Filing Summary
MGIC Investment Corporation director Jodee A. Kozlak reported an equity award and updated holdings. On February 4, 2026, she acquired 5,077.097 restricted stock units that were reported as common stock at no cost, increasing her directly held MGIC common stock to 39,494.6171 shares.
The restricted stock units will be settled in stock ten business days after February 1, 2027, unless she has elected a later distribution. She also holds 29,367.1778 deferred share units under MGIC’s non-employee director deferred compensation plan, which are cash-settled based on the company’s New York Stock Exchange share price.
Positive
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Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Kozlak Jodee A
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,077.097 | $0.00 | -- |
| holding | Share Units | -- | -- | -- |
Holdings After Transaction:
Common Stock — 39,494.617 shares (Direct);
Share Units — 29,367.178 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.
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FAQ
What insider transaction did MGIC (MTG) director Jodee A. Kozlak report?
Director Jodee A. Kozlak reported acquiring 5,077.097 restricted stock units on February 4, 2026, at no cost. These were reported as common stock, granted under MGIC’s Omnibus Incentive Plan, and increase her directly held common stock to 39,494.6171 shares.
When will Jodee A. Kozlak’s new MGIC restricted stock units be settled?
The newly reported restricted stock units will be settled in MGIC stock ten business days after February 1, 2027. Settlement can be deferred further if Kozlak made a qualified election for a later distribution date under the company’s applicable plan rules.
Were any cash payments made by Jodee A. Kozlak for the MGIC restricted stock units?
No cash payment was made by Jodee A. Kozlak for the restricted stock units. The Form 4 notes these RSUs were awarded pursuant to MGIC’s Omnibus Incentive Plan, and explicitly states that no price was paid by the reporting person for them.