4Filed Aug 20, 8:00 PM ET
MGIC (MTG) Director Michael Leal Receives Award of 28.256 Shares
$MTG · MGIC INVESTMENT CORPResearch Summary
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MGIC (MTG) Director Michael Leal Receives Award of 28.256 Shares
What Happened Michael Leal, a director of MGIC Investment Corp (MTG), was awarded 28.256 shares on 2026-08-20. The award is reported as an "A" (award/grant/acquisition) and reflects dividend equivalents paid on restricted stock units; the reporting person did not pay any cash for these shares. No per-share price or total dollar value is reported.
Key Details
- Transaction date: 2026-08-20; Form 4 filed 2026-08-21 (timely filing).
- Transaction type/code: A — Award/Grant (dividend equivalents on RSUs).
- Shares acquired: 28.256 shares; price: N/A (no cash paid).
- Shares owned after transaction: not disclosed in the filing.
- Footnote F1: Confirms these were dividends on RSUs under the Issuer's Omnibus Incentive Plan; reporting person paid no price.
- No indication of a 10b5-1 plan, sale, or option exercise in this entry.
Context This was a non-cash compensation event (dividend equivalents on RSUs), which is routine for executive/director pay and generally not a directional trading signal. The small number of shares involved means minimal direct impact on company float or the director's stake.