CULVER CURT S 4
Research Summary
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MGIC (MTG) Director Curt S. Culver Receives RSU Award
What Happened Curt S. Culver, a director of MGIC Investment Corp (MTG), received an award of 5,077.097 restricted stock units (RSUs) on February 4, 2026. The award was granted under the issuer's Omnibus Incentive Plan and no cash was paid by the reporting person. No per-share price or immediate cash value is reported in the filing.
Key Details
- Transaction date: 2026-02-04 (Form 4 filed 2026-02-05; appears timely).
- Transaction type/code: A — Grant/Award of RSUs.
- Shares/units awarded: 5,077.097 RSUs. Price: N/A; no purchase price paid.
- Settlement: These RSUs will be settled in stock ten business days after February 1, 2027, unless a later distribution election is made by the reporting person (footnote).
- Plan: Award made pursuant to the Issuer's Omnibus Incentive Plan (footnote).
- Shares owned after transaction: Not disclosed in this filing.
Context RSU awards are compensation that convert into shares at a future settlement date and do not represent an open-market purchase or sale. Such grants are routine for directors and employees and should not be interpreted alone as a buy or sell signal.