$MTG·8-K

MGIC INVESTMENT CORP · Apr 23, 4:04 PM ET

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MGIC INVESTMENT CORP 8-K

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MGIC Investment Corp Reports 2026 Shareholder Vote Results

What Happened
MGIC Investment Corporation (MTG) filed a Form 8-K on April 23, 2026 reporting the results of its shareholder votes. Shareholders elected the company’s slate of directors, approved on an advisory basis the 2025 compensation for named executive officers (say-on-pay), and ratified PricewaterhouseCoopers LLP as the independent registered public accounting firm for the year ending December 31, 2026.

Key Details

  • Director election vote counts (For / Withheld; broker non-votes: 11,687,447 for each director):
    • C. Edward Chaplin: 180,727,620 For / 6,297,787 Withheld
    • Curt S. Culver: 183,857,630 For / 3,167,777 Withheld
    • Jay C. Hartzell: 186,410,330 For / 615,077 Withheld
    • Martin P. Klein: 186,338,664 For / 686,743 Withheld
    • Teresita M. Lowman: 186,390,496 For / 634,911 Withheld
    • Timothy J. Mattke: 185,646,627 For / 1,378,780 Withheld
    • Daniela O’Leary-Gill: 186,300,064 For / 725,343 Withheld
    • Sheryl L. Sculley: 186,369,791 For / 655,616 Withheld
    • Michael L. Thompson: 185,872,479 For / 1,152,928 Withheld
    • Mark M. Zandi: 180,610,149 For / 6,415,258 Withheld
  • Advisory vote on 2025 named executive officer compensation (say-on-pay): 185,074,814 For / 1,662,530 Against / 288,063 Abstain; broker non-votes: 11,687,447.
  • Ratification of independent auditor: PricewaterhouseCoopers LLP ratified with 189,985,891 For / 8,593,371 Against / 133,592 Abstain.

Why It Matters
These outcomes confirm board continuity and investor support for MGIC’s executive compensation program (advisory only). Ratification of PwC ensures the company’s auditor for 2026 is formally approved, which matters for the integrity and continuity of MGIC’s financial reporting. Retail investors should note the strong affirmative vote totals and the presence of broker non-votes, which reflect shares held by brokers that did not vote on some matters.

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