|4/AFeb 6, 6:09 PM ET

CULVER CURT S 4/A

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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), was granted 5,075.188 restricted stock units (RSUs) on February 4, 2026. No cash was paid for the award (awarded under the issuer’s Omnibus Incentive Plan). The RSUs are scheduled to be settled in shares ten business days after February 1, 2027 unless the reporting person elected a later distribution.
  • This Form 4 is an amended filing: the originally reported number was overstated by 1.909 share units and has been corrected. Because this is an award (not a purchase or sale), it reflects compensation rather than an open-market investment decision.

Key Details

  • Transaction date: February 4, 2026 (Form 4 amended Feb 6, 2026)
  • Transaction type/code: Award/Acquisition (A) — Restricted Stock Units (RSUs)
  • Shares awarded: 5,075.188 RSUs (amended; original filing overstated by 1.909 units)
  • Price paid: None (awarded under the Omnibus Incentive Plan)
  • Settlement: RSUs to be settled in common stock 10 business days after Feb 1, 2027 unless a later distribution was elected
  • Shares owned after transaction: Not disclosed on this filing
  • Filing note: This is an amended Form 4 correcting the previously reported share count (administrative error)

Context

  • RSU awards are a common form of executive/director compensation and typically vest or settle later; they do not represent an immediate cash purchase or sale. When settled, each RSU generally converts into one share of company stock (subject to plan terms).
  • The amendment simply corrects the reported unit count; it does not indicate additional trading activity.