|4Feb 5, 7:42 PM ET

Colson Nathaniel H 4

Research Summary

AI-generated summary

Updated

MGIC (MTG) EVP/CFO Nathaniel Colson Receives RSU Award

What Happened

  • Nathaniel H. Colson, EVP, CFO & CRO of MGIC Investment Corp. (MTG), received an award of 24,070 restricted stock units (RSUs) on 2026-02-04. The RSUs were granted at no cost to the reporting person; no per-share price or immediate cash value was reported.

Key Details

  • Transaction date: 2026-02-04 (filed 2026-02-05). Transaction type: Award/Grant (RSUs).
  • Shares/units granted: 24,070 RSUs. Price paid: N/A (no purchase price).
  • Vesting: RSUs vest in equal installments on Feb 28 of 2027, 2028 and 2029, subject to continued employment (Footnote F1).
  • Plan: Award made under the issuer’s Omnibus Incentive Plan; reporting person paid nothing for the RSUs (Footnote F2).
  • Shares owned after transaction: Not disclosed in the provided filing.
  • Filing timeliness: Filed the day after the transaction date (appears timely).

Context

  • RSUs are a form of equity compensation that convert to actual shares only upon vesting; they are not an immediate purchase or sale and typically reflect compensation rather than a direct buy/sell market signal. Awards like this are common for executives and subject to service-based vesting and potential tax withholding at vesting.