MGIC (MTG) EVP Paula Maggio Receives 17,300 RSU Award

What Happened

• Paula C. Maggio, EVP and General Counsel of MGIC Investment Corp (MTG), was granted 17,300 restricted stock units (RSUs) on February 4, 2026. The award is reported as an "A" (award/acquisition) transaction; no purchase price or immediate cash value is reported in the filing. This is an equity compensation award rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-04 (Form 4 filed 2026-02-05).
• Price/Value: Not applicable / not reported for the RSU grant.
• Vesting: RSUs vest in equal installments on Feb 28, 2027, 2028, and 2029, subject to continued employment (Footnote F1).
• Grant terms: Awarded under the issuer’s Omnibus Incentive Plan; no price was paid by the reporting person (Footnote F2).
• Shares owned after transaction: Not disclosed in the filing.
• Timeliness: Filing was submitted one day after the transaction date (appears timely).

Context

• RSU grants are a common form of executive compensation that convert to shares upon vesting and typically reflect retention/incentive arrangements rather than an immediate market view. Because these units vest over time and require continued employment, they do not indicate an immediate buy or sell decision by the insider.