MGIC INVESTMENT CORP·4/A

Feb 6, 6:09 PM ET

Kozlak Jodee A 4/A

Research Summary

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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.