Zandi Mark 4/A

What Happened Mark Zandi, a director of MGIC Investment Corporation (NYSE: MTG), was reported as receiving 5,075.188 restricted stock units (RSUs) on February 4, 2026. The award was granted under MGIC's Omnibus Incentive Plan and no cash was paid by the reporting person. The filing is an amended Form 4 correcting a prior overstatement of 1.909 share units in the originally reported amount.

Key Details

• Transaction type: Award/Grant (code A) of 5,075.188 share units reported 2026-02-04; price: N/A (no purchase).
• Settlement: Footnotes state these RSUs will be settled in stock ten business days after February 1, 2027, unless the director elected a later distribution.
• Plan: Awarded under the Issuer's Omnibus Incentive Plan; no price paid by the reporting person.
• Correction: Amended filing corrects a prior overstatement of 1.909 units.
• Shares owned after transaction: Not provided in the supplied filing excerpt.
• Timeliness: Form 4 filed 2026-02-06 for a 2026-02-04 grant (appears timely); amendment solely to correct the quantity.

Context

• RSUs are a form of equity compensation that convert to shares (or sometimes cash) at settlement; receiving RSUs is not an immediate sale and typically reflects compensation rather than an actionable endorsement of near-term stock direction.
• Footnotes also reference deferred compensation "share units" (cash-settled units valued one-for-one to the stock) and explain settlement mechanics—some units are stock-settled in 2027 while other plan units may be cash-settled depending on elections.