|4Feb 17, 8:08 AM ET

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 0.036 restricted stock units (RSUs) on Feb 13, 2026. The award is reported as an "A" (grant/award/acquisition); no purchase price is listed and no cash was paid by the reporting person.
  • The RSUs were granted under MGIC's Omnibus Incentive Plan. Footnotes state fractional shares were rounded up in settlement and that the reporting person paid nothing for these RSUs. No total dollar value is provided in the filing.

Key Details

  • Transaction date: 2026-02-13; Form 4 filed: 2026-02-17 (filed within the typical two-business-day Section 16 reporting window).
  • Transaction type/code: A — Award/Grant/Acquisition of RSUs.
  • Shares acquired: 0.036 RSUs; Price: N/A (no cash purchase).
  • Shares owned after the transaction: Not specified in this filing.
  • Footnotes: (F1) Fractional shares were rounded up on settlement. (F2) RSUs awarded under the Issuer's Omnibus Incentive Plan; reporting person paid nothing.
  • No indication of a 10b5-1 plan, tax-withholding sale, or option exercise in this filing.

Context

  • RSU grants to directors are routine compensation and are different from open-market purchases or sales; small fractional awards (like 0.036 shares) often reflect rounding or mechanical settlement adjustments rather than a material investment decision.
  • Because this was an award (not a purchase or sale), it should not be read as a direct bullish or bearish trading signal by itself.