Kozlak Jodee A 4/A
4/A · MGIC INVESTMENT CORP · Filed Feb 6, 2026
Research Summary
AI-generated summary of this filing
MGIC (MTG) Director Jodee A. Kozlak Receives RSU Award
What Happened
Director Jodee A. Kozlak received an award of 5,075.188 restricted stock units (RSUs) on February 4, 2026. No cash was paid for the award (granted under MGIC’s Omnibus Incentive Plan). The reported grant had been overstated by 1.909 units in an earlier filing; this Form 4 is an amendment correcting that amount.
Key Details
- Transaction date: 2026-02-04 (Form 4 filed/ amended on 2026-02-06).
- Transaction type/code: A (Award/Grant). Price per share: N/A (no purchase).
- Award specifics: 5,075.188 RSUs; settlement in stock is scheduled ten business days after February 1, 2027 unless the reporting person elected a later distribution (footnote).
- Correction: Amended filing fixes an administrative overstatement of 1.909 units in the prior report.
- Plan: Award issued under the Issuer’s Omnibus Incentive Plan; reporting person paid nothing for the RSUs.
- Shares owned after transaction: not specified in the excerpt provided.
- Timeliness: Form 4 was amended promptly (filed Feb 6) to correct the earlier error.
Context
RSU awards are a form of compensation and do not necessarily signal an immediate trading view; these RSUs are slated to convert to common stock around mid‑February 2027 (ten business days after Feb 1, 2027) unless a delayed distribution was elected. The filing also references the company’s deferred compensation/share unit arrangements (which are cash‑settled and valued one‑for‑one with the common stock) but the noted grant here is an equity‑settled RSU award.
Insider Transaction Report
- Award
Common Stock
[F1][F2][F3]2026-02-04+5,075.188→ 39,492.708 total
- 29,367.178
Share Units
[F4][F5][F6][F7]→ Common Stock (29,367.178 underlying)
Footnotes (7)
- [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]Due to administrative error, the number of share units reported as acquired on February 4, 2026 was overstated by 1.909 shares. This amended Form 4 is being filed to correct the previously reported number.
- [F3]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.
- [F4]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.
- [F5]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.
- [F6]These Share Units are settled in cash, on a specified date, unless a qualified election for later distribution is made by the reporting person.
- [F7]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.