CHAPLIN C EDWARD 4

What Happened
Director Chaplin C. Edward received two awards on May 21, 2026 totaling 433.488 units: 149.697 restricted stock units and 283.791 share units (derivative). No cash was paid by the reporting person and no per-share price is reported; the filing does not state a total dollar value. The share units are awards/compensation rather than open‑market purchases or sales.

Key Details

• Transaction date: 2026-05-21; Form 4 filed 2026-05-22 (filed the next day).
• Awards: 149.697 RSUs (grant) and 283.791 Share Units (derivative) — total 433.488 units. Reported price: N/A (no purchase price).
• Shares owned after transaction: not specified in the filing.
• Notable footnotes: dividends were paid on the RSUs (F1); the Share Units were awarded under the Deferred Compensation Plan for Non‑Employee Directors and track the company’s common stock one‑for‑one (F2–F3); Share Units are typically settled in cash on a specified date unless a later distribution is elected (F4–F5); some Share Units were acquired via phantom dividend reinvestment and no price was paid (F6).
• Transaction type: Award/Grant (code A) — compensation, not a market purchase or sale.

Context
These awards are compensation for a non‑employee director and consist of restricted stock units and cash‑settled share units that track MGIC’s common stock price. Such awards do not represent an open‑market buy or sell and therefore are not a direct buy/sell signal; they reflect director compensation practices (often settled in cash for non‑employee directors). The filing appears timely (filed one day after the grant).