Colson Nathaniel H 4/A
4/A · MGIC INVESTMENT CORP · Filed Mar 20, 2026
Research Summary
AI-generated summary of this filing
MGIC (MTG) EVP/CFO Nathaniel Colson Withholds 86,349 Shares for Taxes
What Happened Nathaniel H. Colson, MGIC’s EVP, CFO & CRO, had 86,349 shares withheld to satisfy tax withholding obligations related to shares that vested on March 2, 2026. The withholding was recorded at $26.53 per share, for a total value of approximately $2,290,839. This was an administrative tax-withholding disposition (transaction code F), not an open-market sale.
Key Details
- Transaction date: March 2, 2026; Price: $26.53 per share.
- Shares withheld/disposed: 86,349; Total value ≈ $2,290,839.
- Shares owned after transaction: Not specified in this filing.
- Footnote: An earlier Form 4 filed March 3, 2026, reported 86,336 shares withheld; this amended Form 4 corrects a clerical error and decreases the reporting person’s beneficial ownership accordingly.
- Filing status: This is an amended Form 4 correcting the previously reported withholding amount.
Context This was a tax-withholding action tied to vesting (common when restricted stock or similar equity awards vest). Shares withheld to cover taxes are routine and administrative — they are not the same as an open-market sale that might signal a trading decision. The amendment simply fixes a prior counting error and updates the reported beneficial ownership.
Insider Transaction Report
- Tax Payment
Common Stock
[F1]2026-03-02$26.53/sh−86,349$2,290,839→ 361,225.972 total
Footnotes (1)
- [F1]The reporting person's Form 4, filed on March 3, 2026, reported that 86,336 shares were withheld to satisfy tax withholding obligations in connection with shares that vested on March 2, 2026. Due to a clerical error, the number of shares to be withheld was incorrectly calculated. This Form 4 corrects such error, including by decreasing the total amount of shares beneficially owned by the reporting person.