Thompson Michael Leal 4

What Happened

• Michael Leal, a director of MGIC Investment Corp (MTG), received an award of 5,077.097 restricted stock units (RSUs) reported on Feb 4, 2026. No cash was paid for the award (price: N/A). This is a compensation grant rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-02-04; reported on Form 4 filed 2026-02-05 (timely filing).
• Shares/units granted: 5,077.097 RSUs; transaction price: N/A (awarded, no purchase price).
• Shares owned after transaction: not disclosed in this Form 4.
• Footnotes:
  • F1: These RSUs will be settled in stock ten business days after February 1, 2027, unless the reporting person elected a later distribution.
  • F2: RSUs awarded under the issuer’s Omnibus Incentive Plan; reporting person paid no price for them.
• Filing timeliness: appears timely (filed one business day after the report date).

Context

• RSUs are a form of compensation that convert to company shares at settlement; they do not represent an immediate market purchase or sale. Because this is an award for compensation, it should be viewed as part of standard director pay rather than a direct signal of insider buying or selling intent.