MGIC INVESTMENT CORP·4

Mar 10, 4:01 PM ET

Kozlak Jodee A 4

Research Summary

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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.