MGIC INVESTMENT CORP·4

Feb 26, 4:29 PM ET

Mattke Timothy J. 4

Research Summary

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MGIC (MTG) CEO Timothy J. Mattke Receives 652,083 RSUs

What Happened Timothy J. Mattke, CEO of MGIC Investment Corp (MTG), is recorded as acquiring 652,083 restricted stock units (RSUs) in an award/vesting transaction reported on 2026-02-25. No cash was paid for these RSUs (price = N/A). The RSUs were originally granted on February 3, 2023 and the company’s committee has approved the required performance results; provided continued employment, the shares will be issued on the first business day after February 28, 2026.

Key Details

  • Transaction date: 2026-02-25 (Form 4 reporting date). Grant originally dated Feb 3, 2023.
  • Transaction type/code: Award/Grant (A); 652,083 RSUs; price paid by insider = N/A.
  • Vesting/issuance: Performance-vesting based on growth in adjusted book value per share; performance approved by the Board committee; issuance expected after Feb 28, 2026, subject to continued employment.
  • Plan and consideration: Awarded under the Issuer’s Omnibus Incentive Plan; no purchase price paid by the reporting person.
  • Reporting note: Footnote indicates a prior administrative underreporting of 1 share. The Form 4 does not specify total shares owned after issuance in the provided data.
  • Timeliness: Filing appears standard for this vesting/award disclosure; no late-filing indication in the supplied information.

Context RSUs are a form of compensation, not an open-market purchase or sale. Performance-vested RSUs indicate the award depended on company-specific metrics (adjusted book value per share). For retail investors, such awards increase an insider’s eventual holdings if issued, but they are compensation-related and do not by themselves signal buying or selling intent in the market.