Klein Martin P 4
4 · MGIC INVESTMENT CORP · Filed Feb 5, 2026
Research Summary
AI-generated summary of this filing
MGIC (MTG) Director Martin P. Klein Receives RSU Award (5,077.097)
What Happened Martin P. Klein, a director of MGIC Investment Corp (MTG), received an award of 5,077.097 restricted stock units (RSUs) reported on Feb 4, 2026 (Form 4 filed Feb 5, 2026). No purchase price was paid for these RSUs (they are compensation, not a market buy). The filing does not list a per-share price or an immediate cash value; the RSUs are scheduled to be settled in shares ten business days after February 1, 2027 (approximately Feb 15, 2027) unless the reporting person elected a later distribution.
Key Details
- Transaction date: 2026-02-04 (Form 4 filed 2026-02-05 — timely filing).
- Transaction type/code: Award/Grant (A) — 5,077.097 RSUs.
- Price paid: N/A (awarded under the Issuer's Omnibus Incentive Plan; no cash paid).
- Settlement: RSUs will be settled in stock ten business days after Feb 1, 2027 (approximately Feb 15, 2027) unless a later distribution election was made.
- Shares owned after transaction: Not disclosed in this filing.
- Footnotes: Award made under the company’s Omnibus Incentive Plan; RSUs convert to shares at settlement.
Context RSU grants are a form of compensation and do not represent an immediate open-market purchase or sale. They typically convert to company stock at the stated settlement/vesting date and are common for directors and executives; they are routine and do not, by themselves, imply an immediate change in the insider’s market-view.
Insider Transaction Report
- Award
Common Stock
[F1][F2]2026-02-04+5,077.097→ 6,408.159 total
Footnotes (2)
- [F1]These Restricted Stock Units (RSUs) will be settled in stock ten business days after February 1, 2027, unless a qualified election for a later distribution was made by the reporting person.
- [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.