Zandi Mark 4

4 · MGIC INVESTMENT CORP · Filed Feb 17, 2026

AI-generated summary of this filing

Updated Feb 17, 2026

MGIC (MTG) Director Mark Zandi Receives Award

What Happened

Mark Zandi, a non-employee director of MGIC Investment Corporation (MTG), was awarded 0.036 shares on 2026-02-13. The award is recorded as an "A" (award/grant/other acquisition) and no purchase price was paid (price: N/A).
The award represents restricted stock units (RSUs) and/or deferred compensation share units granted under MGIC's Omnibus Incentive Plan and the Deferred Compensation Plan for Non-Employee Directors; fractional shares were rounded up for settlement.

Key Details

Transaction date: 2026-02-13. Form 4 filed: 2026-02-17.
Shares acquired: 0.036; reported acquisition type: A (award/grant). Price: N/A (no cash paid).
Shares owned after transaction: not specified in this filing.
Notable footnotes: awards are RSUs/share units under the Omnibus Incentive Plan and the Deferred Compensation Plan; share units have no exercise price, track the NYSE stock price one-for-one, and are typically settled in cash on a specified date unless the director elects later distribution; fractional shares were rounded up on settlement.
No indication in the filing that shares were sold or that this was an option exercise or tax-withholding event.

Context

Director RSU/share-unit awards are routine non-cash compensation for board service and do not by themselves indicate buy/sell sentiment. These units are generally settled in cash (unless the director elects otherwise) and have no exercise price. The reported amount is very small (fractional), reflecting rounding on settlement.

Form 4

Period: 2026-02-13

Director

Transactions

Holdings

Footnotes (6)

[F1]Fractional shares have been rounded up in connection with the settlement of the director shares, pursuant to the terms of the related grant.
[F2]These RSUs were awarded to the reporting person pursuant to the Issuer's Omnibus Incentive Plan and no price was paid by the reporting person for them.
[F3]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.
[F4]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.
[F5]These Share Units 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 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.

Signature

Leslie A. Schunk, Attorney-in-Fact|2026-02-17

1 file