Colson Nathaniel H 4
Research Summary
AI-generated summary
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.