Sperber Julie K. 4

What Happened

• Julie K. Sperber, VP and Chief Accounting Officer of MGIC Investment Corp (MTG), was awarded 2,821 restricted stock units (RSUs) on 2026-02-04. The award was granted as compensation (transaction code A); no cash was paid and no per-share price is reported. These RSUs do not represent immediately tradable shares — they convert to shares only as they vest.

Key Details

• Transaction date: 2026-02-04 (reported on Form 4 filed 2026-02-05).
• Amount: 2,821 RSUs; price paid by insider: $0 (awarded under the Issuer's Omnibus Incentive Plan).
• Vesting: RSUs vest in equal installments on Feb 28 of 2027, 2028 and 2029 (footnote F1).
• Shares owned after transaction: Not specified in the filing.
• Filing timeliness: Timely (transaction 2026-02-04; Form 4 filed 2026-02-05).
• Notes: Award made pursuant to the company's Omnibus Incentive Plan (footnote F2).

Context

• RSU awards are a form of compensation that aligns executives with shareholders over time; they are not the same as an open-market purchase and should not be interpreted as a direct bullish market bet. The award vests over three years, meaning any eventual share issuance depends on continued employment and the vesting schedule.