|4Feb 26, 4:28 PM ET

Colson Nathaniel H 4

Research Summary

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MGIC (MTG) EVP/CFO Nathaniel H. Colson Receives Award

What Happened

  • Nathaniel H. Colson, EVP, CFO & CRO of MGIC Investment Corp (MTG), was reported as acquiring 182,584 restricted stock units (RSUs) on 2026-02-25 (transaction code A — award/grant). These RSUs were granted under the issuer's Omnibus Incentive Plan and no cash was paid by the reporting person. The filing lists no dollar price/value for the award.

Key Details

  • Transaction date: 2026-02-25 (Form 4 filed 2026-02-26); transaction code A (award/grant).
  • Award origin: RSUs were originally granted on February 3, 2023 and were performance-vested; the committee approved the performance results for the reported shares.
  • Issuance timing: Provided continued employment, the RSUs will be issued as shares on the first business day following February 28, 2026.
  • Consideration: The reporting person paid nothing for these RSUs (per footnote).
  • Shares owned after transaction: Not disclosed in the provided filing excerpt.
  • Filing timeliness: Form 4 was filed the business day after the reported transaction date, which is consistent with normal SEC timing requirements.

Context

  • These RSUs are compensation awards that convert to common stock if performance and employment conditions are met; they are not an open-market purchase or sale and do not by themselves indicate insider buying/selling intent. Performance-vesting awards are commonly used to align executive pay with company metrics (here, growth in adjusted book value per share).