MGIC (MTG) EVP Paula Maggio Receives RSU Award

What Happened Paula C. Maggio, EVP and General Counsel of MGIC Investment Corp (MTG), was granted 17,294 restricted stock units (RSUs) on February 4, 2026. No cash was paid for the award (granted under the issuer's Omnibus Incentive Plan). The filing is an amended Form 4 correcting the previously reported number of units.

Key Details

• Transaction type: Award/Grant (code A) of RSUs.
• Grant date: February 4, 2026; Form 4 amended/furnished on February 6, 2026 to correct the reported amount.
• Shares/units granted: 17,294 RSUs (amendment corrects an earlier overstatement by 6 units).
• Price paid: N/A — RSUs were awarded as compensation (no purchase price).
• Vesting: RSUs vest in equal installments on Feb 28 of 2027, 2028, and 2029, subject to continued employment.
• Shares owned after transaction: Not specified in this filing.
• Footnotes: Award made under the issuer’s Omnibus Incentive Plan; amended filing corrects administrative error.

Context This is a compensation grant (RSUs), not an open-market purchase or sale. RSUs convert to shares only as they vest, so they do not represent immediately tradable stock and are typical executive compensation. The amended filing simply corrects the unit count and does not by itself indicate a change in trading intent.