Kozlak Jodee A 4
4 · MGIC INVESTMENT CORP · Filed Mar 10, 2026
Research Summary
AI-generated summary of this filing
MGIC (MTG) Director Jodee A. Kozlak Receives Awards
What Happened
- Jodee A. Kozlak, a director of MGIC Investment Corporation (MTG), was granted a total of 242.359 share-equivalents on March 6, 2026. This consists of 77.87 restricted-stock-unit (RSU) dividend awards and 164.489 deferred "share units" (a derivative award). No cash was paid by the reporting person for these awards and no per-share price is reported, so no dollar value is provided.
Key Details
- Transaction date: 2026-03-06. Form filed: 2026-03-10 (timely filed within required window).
- Items granted: 77.87 RSU dividend awards (footnote F1); 164.489 deferred Share Units (derivative) (footnotes F2–F6).
- Price: N/A — awards and share units were granted at no purchase price to the director.
- Shares owned after transaction: Not disclosed in the Form 4 filing.
- Notable footnotes: RSU dividends awarded under the Issuer's Omnibus Incentive Plan (F1). The deferred Share Units are part of the non-employee directors’ Deferred Compensation Plan, have no fixed exercise/conversion price and are valued one-for-one to MGIC common stock, and are typically settled in cash unless a later distribution election is made (F2–F6). The 164.489 units are derivative share units acquired via phantom dividend reinvestment (F6).
Context
- These transactions are awards/grants (code A), not open-market buys or sales — routine compensation or dividend reinvestment for a director rather than an active buy/sell signal. The deferred share units are not immediate stock deliveries; they are settled in cash (or later distribution) and their value tracks MGIC’s common stock price.
Insider Transaction Report
Form 4
Kozlak Jodee A
Director
Transactions
- Award
Common Stock
[F1]2026-03-06+77.87→ 34,495.39 total - Award
Share Units
[F2][F3][F6][F4][F5]2026-03-06+164.489→ 29,531.667 total→ Common Stock (164.489 underlying)
Footnotes (6)
- [F1]Dividends paid on Restricted Stock Units awarded under the Issuer's Omnibus Incentive Plan. No price was paid by the reporting person for them.
- [F2]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.
- [F3]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.
- [F4]These Share Units are settled in cash, on a specified date, unless a qualified election for later distribution is made by the reporting person.
- [F5]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.
- [F6]These Share Units were acquired through phantom dividend reinvestment and no price was paid by the reporting person for the Share Units.
Signature
Leslie A. Schunk, Attorney-in-Fact|2026-03-10