Kozlak Jodee A 4
4 · MGIC INVESTMENT CORP · Filed Feb 5, 2026
Research Summary
AI-generated summary of this filing
MGIC (MTG) Director Jodee Kozlak Receives 5,077 RSU Award
What Happened
- Director Jodee A. Kozlak received an award of 5,077.097 restricted stock units (RSUs) on February 4, 2026 (transaction code A). No purchase price was paid (award under the Issuer's Omnibus Incentive Plan). The filing reports price as N/A because this is a grant, not an open-market trade.
Key Details
- Transaction date: 2026-02-04 (reported 2026-02-05).
- Amount: 5,077.097 RSUs; price: N/A (award).
- Settlement: These RSUs will be settled in shares ten business days after February 1, 2027 unless the reporting person elected a later distribution (per filing footnote).
- Plan/terms: Awarded under the Omnibus Incentive Plan; reporting person paid nothing for the RSUs.
- Deferred-comp note: The filing also notes the reporting person participates in the company’s Deferred Compensation Plan for Non-Employee Directors, where share units are valued one-for-one to MGIC common stock and typically settled in cash on a specified date unless deferred.
- Shares owned after transaction: not disclosed in this Form 4.
- Timeliness: Filing appears timely (transaction 2/4/2026; Form 4 filed 2/5/2026).
Context
- RSUs are compensation awards that convert into company shares (or cash, if elected) at settlement; they are not purchases or sales and do not represent an immediate market trade. Such grants are routine director compensation and do not by themselves indicate buying or selling sentiment.
Insider Transaction Report
Form 4
Kozlak Jodee A
Director
Transactions
- Award
Common Stock
[F1][F2]2026-02-04+5,077.097→ 39,494.617 total
Holdings
- 29,367.178
Share Units
[F3][F4][F5][F6]→ Common Stock (29,367.178 underlying)
Footnotes (6)
- [F1]These Restricted Stock Units (RSUs) will be settled in stock ten business days after February 1, 2027, unless a qualified election for a later distribution was made by the reporting person.
- [F2]These RSUs were awarded to the reporting person pursuant to the Issuer's Omnibus Incentive Plan and no price was paid by the reporting person for them.
- [F3]The reporting person participates in the MGIC Investment Corporation Deferred Compensation Plan for Non-Employee Directors under which units corresponding to shares of Common Stock of the Issuer ("Share Units") are awarded to the reporting person and/or acquired through compensation deferral.
- [F4]These Share Units do not have a specified dollar-denominated exercise or conversion price. Their value is based, on a one-for-one basis, on the price of the Issuer's common stock on the New York Stock Exchange.
- [F5]These Share Units are settled in cash, on a specified date, unless a qualified election for later distribution is made by the reporting person.
- [F6]These Share Units do not expire on a fixed date. They are settled in cash on a specified date, unless a qualified election for later distribution is made by the reporting person.
Signature
Leslie A. Schunk, Attorney-in-Fact|2026-02-05